Auditor-General declares the University of Nairobi technically insolvent amid Ksh20B debt
The University of Nairobi has been declared technically insolvent by the Office of the Auditor-General (OAG), with the institution grappling with debts estimated at Sh20 billion, accumulated deficits, unpaid statutory obligations and pension arrears. An audit report for the 2021/2022 financial year showed that the university recorded a deficit of Sh2.2 billion, pushing its accumulated […]
We haven't written up this one. People Daily Kenya has the full story — the link below goes straight to it.
