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Title : Shadowy multi-million transactions cost Kidero foundation registration

Shadowy multi-million transactions cost Kidero foundation registration

Article Kenya news, Kenya news, 

By HILARY KIMUYU, @hilarykimuyu

A non-governmental organisation associated with Nairobi Governor Evans Kidero has been deregistered.

This comes two months after the NGOs Coordination Board suspended the The Evans Kidero Foundation and froze its bank account.

The board deregistered the foundation on Tuesday due to non-compliance to the NGOs Coordination Act and breaching the terms and conditions attached to their certificate of registration

“The Board has cancelled your registration under the said Act on the grounds that your organisation has breached the provisions of Regulation 24 read together with clause 5 of the terms and conditions attached to your registration certificate by failing to file annual returns,” the board’s executive director Fazul Mahamed said in a letter dated February 21, 2017.

He stated that the foundation conducted transactions involving millions of shillings despite having no known donor on record and opened and operated unauthorised bank accounts.

AUDIT ASSETS

Mr Mahamed further advised the Asset Recovery Agency to audit all assets under the foundation.

According to the NGO boss several senior employees of Nairobi county government were beneficiaries of the foundation, having received funds directly from the foundation’s Family Bank account.

“Several senior employees of the Nairobi County Government are also beneficiaries of the Foundation’s fund and it is not clear why County Government employees should be receiving funds from the Foundation,” he said.

Mr Mahamed said the current Viwandani Ward MCA Samuel Nyangwara made a cash deposit amounting to Sh1.85 million to the Evans Kidero Foundation.

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