Public Investments Committee seeks answers on SASRA audit queries

SASRAChief Executive Peter Njuguna when he appeared before National Assembly Public Investments Committee on Commercial Affairs.

The National Assembly Public Investments Committee on Commercial Affairs and Energy met last week to examine the audited accounts of the Sacco Societies Regulatory Authority (SASRA) for Financial Years 2013/2014 to 2020/2021.

The Committee led by Member of Parliament for Navakholo Constituency and Majority Party Whip at the Kenya National Assembly Emmanuel Wangwe cross-examined SASRA officials led by its Chief Executive Peter Njuguna on several audit queries raised by the Auditor-General in the years under review.

Government plans to merge CMA, IRA and SASRA

Waingwe is deputised by Saboti MP Caleb Amisi in the elections that were unopposed.

The Wangwe led committee  oversees approximately 127 state parastatals.

Proceedings during the cross-examination.

SASRA is a statutory Authority charged with the responsibility to licence, supervise and regulate all Deposit Taking Saccos and specific Non Deposit Taking Saccos.

By our reporter

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