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NATIONAL ASSEMBLY – SECOND SESSION Directorate of Committee Services REPUBLIC OF KENYA TWELFTH PARLIAMENT ----------------------------------- NATIONAL ASSEMBLY – SECOND SESSION Directorate of Committee Services THE TWENTY SECOND REPORT OF THE PUBLIC INVESTMENTS COMMITTEE ON THE AUDITED FINANCIAL STATEMENTS OF STATE CORPORATIONS NOVEMBER 2018 i TABLE OF CONTENTS LIST OF ABBREVIATIONS/ACRONYMS ....................................................................................... iii CHAIRPERSON’S FOREWORD .................................................................................................... vi EXECUTIVE SUMMARY ............................................................................................................ viii 1.0 PREFACE .............................................................................................................................. ix 1.1 COMMITTEE MANDATE .............................................................................................................................................. ix 1.2 COMMITTEE MEMBERSHIP .........................................................................................................................................x 1.3 COMMITTEE SECRETARIAT ...................................................................................................................................... xi 1.4 COMMITTEE’S GENERAL OBSERVATIONS AND RECOMMENDATIONS ........................................... xii 2.0 CONSIDERATION OF THE REPORTS OF THE AUDITOR GENERAL ON THE AUDITED FINANCIAL STATEMENTS OF STATE CORPORATIONS ................................................................. 1 2.1 KENYA POWER AND LIGHTING COMPANY (FY 2012/2013 – 2016/2017) ..................................... 1 2.2 GEOTHERMAL DEVELOPMENT COMPANY (FY 2015/2016) ................................................................... 3 2.3 KENYA ELECTRICITY TRANSMISSION COMPANY (FY 2013/2014 TO 2015/2016) ................... 8 2.4 COMPETITION AUTHORITY OF KENYA (FY 2014/2015 – 2016/2017) .......................................... 12 2.5 NAIROBI CENTRE FOR INTERNATIONAL ARBITRATON (FY 2016/2017) .................................... 13 2.6 PRIVATIZATION COMMISSION (FY 2007/2008 TO 2016/2017) ........................................................ 14 2.7 KENYA SCHOOL OF LAW (KSL) (FY 2014/2015 TO 2016/2017) ....................................................... 16 2.8 NATIONAL COUNCIL FOR POPULATION DEVELOPMENT (NCPD) (FY 2014/2015 TO 2015/2016)....................................................................................................................................................................................... 21 2.9 NATIONAL AIDS CONTROL COUNCIL (NACC) (FY 2012/2013 TO 2016/2017) ......................... 30 2.10 KENYA INDUSTRIAL RESEARCH AND DEVELOPMENT INSTITUTE (FY 2012/2013 – 2015/2016)....................................................................................................................................................................................... 40 2.11 NATIONAL SOCIAL SECURITY FUND (FY 2012/2013 – 2014/2015) ............................................... 49 2.12 NATIONAL HOSPITAL INSURANCE FUND (FY 2015/16– 2016/2017) ........................................... 68 2.13 KENYA RAILWAYS CORPORATION (2012/2013-2016/2017) ............................................................. 79 2.14 NATIONAL CEREALS AND PRODUCE BOARD (FY 2015/2016-2016/2017)................................. 85 2.15 KENYA MEDICAL SUPPLIES AGENCY (2012/2013-2016/2017) ........................................................ 94 2.16 CENTRE FOR MATHEMATICS, SCIENCE AND TECHNOLOGY EDUCATION IN AFRICA (CEMESTEA) (FY 2015/2016-2016/2017)....................................................................................................................107 2.17 UNCLAIMED FINANCIAL ASSETS AUTHORITY (FY 2014/2015 - 2016/2017) .........................108 2.18 KENYA NATIONAL LIBRARY SERVICES (FINANCIAL YEAR 2013/2014-2016/2017) .........109 2.19 JOMO KENYATTA FOUDATION (FY 2010/2011 - 2016/2017) ..........................................................117 2.20 KENYA COPYRIGHT BOARD (2014/2015-2016/2017)..........................................................................121 2.21 TECHNICAL AND VOCATIONAL EDUCATION TRAINING AUTHORITY ..........................................122 ii LIST OF ABBREVIATIONS/ACRONYMS ACU - AIDS Control Unit Ag. - Acting AG - Attorney General CACC - Constituency AIDS Coordinating Committee CBA - Collective Bargaining Agreement CBK - Central Bank of Kenya CEO - Chief Executive Officer CID - Criminal Investigations Department CT - Computerized Tomography DA - Direct Agreement DACC - District AIDS Coordinating Committees DCI - Directorate of Criminal Investigations EACC - Ethics and Anti-Corruption Commission EU - European Union FMA - Financial Management Agency FY - Financial Year GDC - Geothermal Development Company GoK - Government of Kenya HR - Human Resources IAS - International Accounting Standards ICT - Information, Communications & Technology IFRS - International Financial Reporting Standards IPSAS - International Public Sector Accounting Standards JKF - Jomo Kenyatta Foundation KAA - Kenya Airports Authority KACC - Kenya Anti-Corruption Commission iii KBRR - Kenya Bankers Reference Rate KCA - Kenya Concession Agreement KEMSA - Kenya Medical Supplies Agency KENGEN - Kenya Electricity Generating Company KES - Kenya Shillings KIRDI - Kenya Industrial Research and Development Institute KNLS - Kenya National Library Services KPC - Kenya Pipeline Company KPLC - Kenya Power & Lighting Company KRA - Kenya Revenue Authority KRC - Kenya Railways Corporation KTDC - Kenya Tourism Development Corporation LPO - Local Purchase Order Ltd - Limited MOALF - Ministry of Agriculture, Livestock and Fisheries MOU - Memorandum of Understanding M.P. - Member of Parliament NACC - National AIDS Control Council NCPB - National Cereals and Produce Board NCPD - National Council for Population Development NGO - Non-Governmental Organization NHIF - National Hospital Insurance Fund NITA - National Industrial Training Authority NSSF - National Social Security Fund OAG - Office of the Auditor General PAYE - Pay-As-You-Earn PIC - Public Investments Committee PPAD - Public Procurement and Asset Disposal Act PPDA - Public Procurement and Disposal Act iv PS - Principal Secretary PwC - PriceWaterhouseCoopers RVR - Rift Valley Railways SAGA - Semi-Autonomous Government Agencies TVETA - Technical and Vocational Training Authority UFAA - Unclaimed Financial Assets Authority USD - United States Dollar WIP - Work in Progress v CHAIRPERSON’S FOREWORD The Public Investments Committee is amongst the three Watchdog Committees in the twelfth Parliament that examines reports of the Auditor-General laid before the National Assembly to ensure probity, efficiency and effectiveness in the use of public funds. The Committee is established pursuant to Standing Order 206 to examine the working of public investments on the basis of their audited reports and accounts. This ensures implementation of Article 229(8) of the Constitution of Kenya, 2010 on reports laid before the House by the Auditor- General which provides that “Within three months after receiving an audit report, Parliament shall debate and consider the report and take appropriate action”. Currently, there are more than two hundred and fifty state corporations undertaking different mandates in their respective sectors. Due to this large number, previous Public Investments Committees have been unable to conclude examination of the accounts of the Auditor General of these state corporations. Considering this backlog, the Committee resolved to examine all the reports of the Auditor General on the accounts of State Corporations, with a deliberate effort made to begin with state corporations that have the highest turnover In examining the accounts of the Auditor General, the Committee invited accounting officers in each of the state corporations under review to adduce evidence. This report contains observations, findings and recommendations arising from examination of tweny one (21) reports of the Auditor-General for state cooporations for different financial years. It is structured to provide the following information: - i) general obersavations of the the most recurring queries and their observations; ii) all the queries identified by the Auditor General in his audit reports; iii) management responses to each of the querries; iv) Committee observations on each querry, and v) recommendations. The Committee appreciates the Offices of the Speaker and the Clerk of the National Assembly for the support to enable it operationalise its mandate. The Committee further extends its appreciation to the Office of the Auditor- General for the services they offered during the entire period. May I also extend my appreciation to my fellow Members of the Committee whose immense contributions and dedication to duty has enabled the Committee to examine the audit querries and produce this report. vi On behalf of the Public Investments Committee, and pursuant to Standing Order 199(6), it is my pleasant duty and honour to present to this 22nd Report of the public Investments Committee report on Audited Financial Statements for twenty one (21 ) state Corporations. HON. ABDULLSWAMAD SHARRIF NASSIR, MP vii EXECUTIVE SUMMARY The Committee held ninety one (91) sittings in which it closely examined the audited financial statements of twenty one (21) State Corporations and the Reports therein by the Auditor General. In its inquiry into whether or not
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