Wanjigi claims Sh150b hidden in secret Treasury account
National
By
Noel Nabiswa
| May 01, 2026
Safina Party leader Jimi Wanjigi has claimed that Sh150.7 billion has been held in a secret account instead of being deposited into the Consolidated Fund.
Speaking at a press briefing in Nairobi, Wanjigi said a national budget outturn should serve as the sovereign equivalent of a personal bank statement.
“On April 22, the National Treasury admitted to what it described as a clerical error in the Kenya Gazette. However, the March 2026 Budget outturn is not simply a document; it is a crime scene,” he said.
He argued that Kenyans should not be expected to dismiss discrepancies as typographical errors, adding that 84 out of 88-line items had been “misprinted”, which he said undermines public trust.
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Wanjigi pointed to inconsistencies between Gazette Notice No. 5726 and the corrected Notice No. 5803, terming them a sign of negligence and possible economic subversion.
He cited cases, including duplicated revenue figures, the disappearance of Vote R1015 for the Department of Performance and Delivery, and unexplained fluctuations in allocations to key institutions such as the Teachers Service Commission (TSC) and the Ministry of Defence.
He further raised concern over Sh150.7 billion allegedly held in a “Sovereign Bond Proceeds Account”, saying this contravenes Article 206, which requires all public funds to be deposited into the Consolidated Fund.
Wanjigi claimed the arrangement bypasses oversight institutions, including the Controller of Budget and the Auditor-General, creating what he termed a “shadow accounting system”.