Kenyans
embezzling public funds should be encouraged to invest their loot in the
country instead of stashing it abroad, according to Auditor-General Nancy
Gathungu.
She said illicit financial
flows, if allowed to be invested locally, could lead to more development in
countries.
The World Bank estimates
that up to $2.6bn is stashed in offshore bank accounts by Kenya's ruling elite
who enriched themselves from public funds, according to research released in 2020.
The
comments drew varied reactions on social media. Some thought the
auditor-general was being pragmatic, while others described it a surrender in
efforts to streamline use of public funds
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