CAWith the memory of Ksh 35,000 bar soaps still fresh on our minds, it is time for another story on how public funds are being misused.

The Communications Authority of Kenya (CA) is on the spot for profligate spending of public funds that saw it splash Sh1.95 million into the purchase of 300 leather wallets for its staff.

The telecoms and broadcasting sector regulator, reportedly bought the wallets at a cost of Sh6,500 each, according to Business Daily.

The agency bought 300 leather wallets as gifts from Digital Print Media Ltd, a Nairobi-based printing firm, which won the deal to supply the branded wallets. Besides the wasteful spending, the agency could not account for an extra 100 wallets as the agency had a total of 189 employees at the end of June 2015.

Similar leather wallets at Woolworths cost Sh3,500 each for men and Sh4,000 a piece for women. The price at Pure Leather Wallets stands at Sh2,500 each while Gift Centre offers the wallets at Sh1,200 each for both men and women. Out of the total 300 wallets, 165 were for men and 135 for women.

This means the CA would have saved Sh1.59 million had it bought the leather wallets from Gift Centre.

We are doomed!

Source: Business Daily