The Departmental Committee on Finance and National Planning this morning kicked off a 2-day engagement with the Kenya Revenue Authority (KRA) at Simba Lodge Naivasha .

The Committee which is mandated to consider matters in relation to public finance is keen to understand the strategies the Authority has laid down to meet its revenue targets for the current financial year and the 3 trillion projection for the Financial Year 2023/2024.

The Departmental Committee on Finance and National Planning is set to commence an inquiry into the disbursement of Kshs. 6.014 to Telkom Kenya to facilitate the exit of Helios Investment Partners. The Kimani Kuria-led Committee in particular seeks to establish if the law was followed in the disbursement of the money under Article 223 of the Constitution.

The Committee through a report recently recommended to the House the disapproval of the disbursement which happened in August 2022, but whose approval was sought in January 2023.