Busia Senator Okiya Omtatah has issued a stern warning to the National Treasury and the Central Bank of Kenya (CBK) after revelations that the Auditor General could not trace approximately KES 300 billion raised through government bonds.
Describing the matter as a threat to national integrity, Omtatah said the situation signals a “full-blown crisis of accountability” within key public finance institutions.
Omtatah Decries Crisis of Transparency in Public Finance
According to Omtatah, public debt is borrowed on behalf of every Kenyan—both present and future—and therefore requires absolute openness.
He cited Articles 201 and 206 of the Constitution, which anchor transparency, accountability, and prudent use of public resources.
“KES 300 billion cannot simply go missing,” Omtatah stated.
“If the Auditor General cannot trace funds raised through government bonds, then we are staring at a full-blown crisis of accountability at the Treasury and the CBK.”
The senator warned that money does not disappear on its own but is deliberately made to vanish, insisting that those responsible must face personal liability.
Omtatah Vows Legal and Parliamentary Action
Omtatah declared that he, alongside like-minded leaders and institutions, will pursue the truth “in Parliament, in court, and in the public domain” until Kenyans get clear answers about what happened to their money.
He emphasized that Kenya is not a private enterprise run at the discretion of a few individuals, but a constitutional state where every cent of public funds must be traceable and properly accounted for.
The Busia Senator concluded with a bold call for transformative openness in government financial operations.
“We refuse to normalize theft. We refuse to accept impunity. Kenya deserves full accountability and radical transparency.”
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