Adan Keynan

All parliamentary appearances

Entries 501 to 510 of 2430.

• 13 Jun 2017 in National Assembly: Thank you, Hon. Speaker. I was talking of public finance regulations, public procurement and asset disposal legislation, public procurement regulations, international public sector accounting standards and international financial reporting standards relevant to the commercial State corporations. The Committee was also guided by the mandate and the strategic objectives of each of the State corporations. The following is a summary of the Committee’s general observations and recommendations as per the findings of the audited financial statements of the 41 State corporations whose accounts we have had an opportunity to interrogate. The first thing that we noted is non-remittances of statutory deductions. ... view
• 13 Jun 2017 in National Assembly: therefore, our recommendation is that those organisations must remit those statutory deductions timely and operate within the law. What the Committee recommends is that those State corporations should settle all their statutory deductions in a timely manner as provided for in the relevant legislation and financial regulations. Our second recommendation is that the Inspector-General of State Corporations should ensure that all pending statutory deductions with the various State corporations that are yet to be paid are settled within three months of the adoption of this Report. The third recommendation is that all the accounting officers, that is, chief executives of ... view
• 13 Jun 2017 in National Assembly: The other issue we realised is that of land and buildings. The Committee observed, with a lot of concern, that several State corporations did not process title documents for the various assets that they own, including land and buildings. The Auditor-General has noted that the Postal Corporation of Kenya has close to 68 prime properties all over Kenya that have not been properly documented. Therefore, our recommendation is that the Cabinet Secretary (CS) for Lands, Housing and Urban Development and the Chairman of the National Land Commission (NLC) should put caveats on all those parcels of land belonging to different ... view
• 13 Jun 2017 in National Assembly: the PFM Act 2012 and other regulations. This is the only way we can operate within a disciplined financial mechanism. The fourth issue that we realised is irregular payments of board sitting allowances. Boards of different organisations have disregarded even the provisions of the State Corporations Act, the PFM Act and, more recently, the provisions of the Mwongozo rules, which somehow offered guidance on areas where there was a lacuna on certain pertinent issues relating to their day to day mandate. Therefore, those issues must also be addressed and the Committee recommends that the accounting officers of various State corporations ... view
• 13 Jun 2017 in National Assembly: The third recommendation is that the officers must also submit audited documents. Those who fail to submit audited documents must be individually held liable and surcharged for such delays because they cost taxpayers a lot of money. view
• 13 Jun 2017 in National Assembly: The fourth recommendation is, three months after the end of this financial year, the Auditor-General should publish and publicise the names of State corporations that have not submitted their complete financial statements as required. The Auditor-General is, by law, required to submit audited statements within a specific time. Therefore, if any State entity does not comply and fails to assist our auditors in meeting this particular objective, then its name must be published so that every Kenyan knows the Chief Executive Officer (CEO) who does not give information to the Auditor- General’s office The fifth recommendation is that the Auditor-General ... view
• 13 Jun 2017 in National Assembly: The other thing we realised was the issue of pre-arrears audit queries. The Auditor- General has had challenges with regard to this matter. We recommend, just like we had done in our 20th Report of State Corporations Accounts, that the Auditor-General ensures that until an audit matter is satisfactorily resolved, it should continue to appear in the subsequent audit reports of the Auditor-General on financial statements of the respective State corporations. The Committee, following consultations with the Auditor-General, recommends that matters that have been exhaustively addressed by the Committee and recommendations made, should not recur in the subsequent reports of ... view
• 13 Jun 2017 in National Assembly: Finally, this Committee continues to play a very important role in the examination of audited statements of different State corporations. I want to take this opportunity to thank your office and you individually as the Speaker of this House. I also want to take this opportunity to thank the Clerk of the National Assembly. I also want to thank the secretariat of this Committee headed by Susan Maritim and all other members of staff who worked day and night to ensure that this Committee not only generates some of the most conclusive and in-depth reports, but also addresses the backlog ... view
• 13 Jun 2017 in National Assembly: I would now like to ask Hon. Olago Aluoch to second the Motion. Thank you, Hon. Speaker. view
• 13 Jun 2017 in National Assembly: Thank you, Hon. Temporary Deputy Speaker. I take this opportunity to thank all the Members who have contributed to this important Report. The parastatal sector is the engine to realising meaningful development and industrial take-off. Without this sector being properly and efficiently run, we will continue to have many sectors of our economy ailing thus lagging behind in sphere of development. There are a number of parastatals that have, over the years, been making huge losses at the expense of taxpayers. When we interrogated this, we realised that the Government also contributes to some of the challenges that parastatals are ... view