Education Updates
  • Home
  • Education
  • Politics
  • Entertainment
  • Business
  • Contact Us
No Result
View All Result
Education Updates
  • Home
  • Education
  • Politics
  • Entertainment
  • Business
  • Contact Us
No Result
View All Result
Education Updates
No Result
View All Result

Education Updates » KMTC » Trouble as KMTC Kuria Campus Top Officials face Sh. 7m Students’ Fees Scandal.

Trouble as KMTC Kuria Campus Top Officials face Sh. 7m Students’ Fees Scandal.

Felix Mogendi by Felix Mogendi
November 7, 2021
Reading Time: 3 mins read
1
441
SHARES
3.4k
VIEWS
Share on WhatsAppShare on FacebookShare on Twitter

Kenya Medical Training College(KMTC) officials on the spot as one of it’s branches Kuria campus collected Sh7.1 million in cash from students as fees but never banked the money.This has raised more questions than answers.

The money in question was collected in form of cash directly from students instead being banked but the same was not reflected in the students’ accounts as of June 2019.

Auditor General Nancy Gathungu has cast doubt whether the college would recover the money, which formed a huge part of the Sh10.4 million outstanding fees balance at the campus.

You Might Also Like

KMTC TRAINING OPPORTUNITIES 2022/2023 ACADEMIC YEAR (SEPTEMBER 2022 INTAKE) AND 2022/2023 ACADEMIC YEAR (MARCH 2023 INTAKE)

KMTC TRAINING OPPORTUNITIES 2022/2023 ACADEMIC YEAR (SEPTEMBER 2022 INTAKE) AND 2022/2023 ACADEMIC YEAR (MARCH 2023 INTAKE)

December 29, 2022
How to apply for KMTC Courses online 2022/2023, requirements and online portal login

New list of all KMTC colleges in Kenya, with their locations and contacts

December 23, 2022
As most KCSE candidates hurry to apply for available courses, KMTC outperforms most universities in the latest rankings.

KMTC New Official Requirements for All Courses out

November 14, 2022
KMTC online course application process; student portal account login for course registration,  admission letter, fee payments and scholarships

Higher Diplomas at KMTC are now Equivalent to university Degrees.

November 1, 2022

She raised the concerns in her report on the institutions finances for the year ending June 30, 2019, recently tabled in Parliament.

Gathungu also flagged Sh8.2 million which was recorded in cashbooks but not in bank statements, hence “an indication that the cash was not banked intact contrary to the financial regulations.”

“Consequently, the accuracy of the cash and cash equivalents balance of Sh1,559,738,289 reflected in the statement of financial position as at June 30, 2019, could not be ascertained,” the auditor said.

Officials also failed to present cheques of Sh2.7 million for processing with audits, revealing that Sh2.35 million was received in bank but not recorded in the cashbook.

The auditor general further cast doubt on recoverability of Sh46.8 million fees balance that has remained unpaid for more than one year.

The audit also revealed that KMTC students were yet to pay fees amounting to Sh380 million as of June 30, 2019.

“In the circumstances, the validity, accuracy and full recoverability of the total receivables balance indicated as receivables from exchange transactions could not be confirmed,” Gathungu said.

KMTC, the report reveals, is embroiled in a tussle with the University of Nairobi over 96 rooms that were occupied by university’s medical students at the rate of Sh80  per day.

The rent had accumulated to Sh73.8 million as of June 2019 with the auditor questioning why the lease agreement was not provided for her review.

Gathungu cast doubt on whether the college would recover the money from the rent which has accumulated over the years.

“Although management has indicated that the college has issued demand letters to the university for the clearance of the outstanding amounts, and a vacation notice to enable the college student occupy the hostels, the rent is said to continue to accumulate for over 20 years now,” the audit report reads.

Also of concern is that the college has not valued and disclosed in records some parcels of land occupied by 45 campuses across the country.

KMTC also did not avail for audit review, title documents for 18 parcels of land at the headquarters and constituent colleges with an acreage of 241.731 acres valued at Sh333 million.

“Consequently, the accuracy, completeness and ownership of land valued at Sh333 million as of June 30, 2019 could not be confirmed,” Gathungu said.

She further queried why the college was yet to revalue its land, the last having been done in the year 2005.

The valuation done in 2005, which is over 16 years ago, put the properties’ value at Sh1.165 billion, with the auditor saying the college assets may be grossly undervalued.

“Management has not explained why the college’s land has not been revalued since 2005 to obtain the fair value of the land,” the auditor general said.

“In the circumstances, I am unable to confirm the existence of effective internal controls on the land,” she added.

The auditor further flagged the accuracy of the statements of the institution’s performance for the year, citing a variance of Sh554,123,706 in both income and expense vote heads.

Tags: Kuria Campus officials
SendShare176Tweet110
Previous Post

Fire razes down dormitory at Nyamira boys

Next Post

“You rocking Knut Boat, Leave Teachers Matters To Us, ”teachers’ union Boss Collins Oyuu Instructs Sossion

Related News

KMTC TRAINING OPPORTUNITIES 2022/2023 ACADEMIC YEAR (SEPTEMBER 2022 INTAKE) AND 2022/2023 ACADEMIC YEAR (MARCH 2023 INTAKE)
KMTC

KMTC TRAINING OPPORTUNITIES 2022/2023 ACADEMIC YEAR (SEPTEMBER 2022 INTAKE) AND 2022/2023 ACADEMIC YEAR (MARCH 2023 INTAKE)

December 29, 2022
How to apply for KMTC Courses online 2022/2023, requirements and online portal login
KMTC

New list of all KMTC colleges in Kenya, with their locations and contacts

December 23, 2022
As most KCSE candidates hurry to apply for available courses, KMTC outperforms most universities in the latest rankings.
KMTC

KMTC New Official Requirements for All Courses out

November 14, 2022
KMTC online course application process; student portal account login for course registration,  admission letter, fee payments and scholarships
KMTC

Higher Diplomas at KMTC are now Equivalent to university Degrees.

November 1, 2022
As most KCSE candidates hurry to apply for available courses, KMTC outperforms most universities in the latest rankings.
KMTC

KMTC Outshines Most Universities In The Latest Ranking Reports

October 29, 2022
How to apply for KMTC Courses online 2022/2023, requirements and online portal login
KMTC

How to apply for KMTC Courses online 2022/2023, requirements and online portal login

October 26, 2022

Comments 1

  1. Suleikhairshad says:
    1 year ago

    I like this college

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Trending Articles

All 2022 KCSE students who scored C+ & Above secure university slots.

KUCCPS Detailed updates on List of KCSE Candidates Eligible for Degree Courses

by Felix Mogendi
March 22, 2023
0

The Kenya Universities and Colleges Central Placement Service (KUCCPS) announced on Wednesday, March 22, that only KCSE candidates from 2022...

Big blow to Students Who Scored C+ in 2022 KCSE

Just in;Private schools to pay KCPE and KCSE exams fees

by Felix Mogendi
March 22, 2023
0

If a proposal from lawmakers is approved, parents whose children attend private schools could soon begin paying national examination costs...

All 2022 KCSE students who scored C+ & Above secure university slots.

Government Sponsored Courses For D- and E Students -2023

by Felix Mogendi
March 22, 2023
0

Via the Kenya Universities and Colleges Central Placement Service, the government places students in various tertiary institutions around the country...

NYANZA REGION DRAMA FESTIVALS RESCHEDULED TO ST. MARY’S YALA

NYANZA REGION MUSIC WORKSHOP 2023

by Felix Mogendi
March 21, 2023
0

RE: NYANZA REGION MUSIC WORKSHOP 2023 Nyanza Region Workshop for Music Trainers is scheduled as follows: Reporting and Registration: 22nd...

KNEC:Grade six first-ever KPSEA examinations

KNEC, TSC to blame for exam cheating

by Felix Mogendi
March 21, 2023
0

The National Assembly's Departmental Committee on Education has begun public hearings on alleged malpractices in the 2022 Kenya Certificate of...

2023 Games Circular to All Teachers

MoE Co- curricular Activities rates of payment for referees 2023/24

by Felix Mogendi
March 20, 2023
0

This year, the Ministry of Education issued new guidelines for the management of co-curricular activities. The rules specify the pay...

  • Home
  • Contact Us
  • Privacy Policy
  • DMCA
  • Terms of Use

© 2021 Education Updates – Design with 💖 by Website Design Kenya.

No Result
View All Result
  • Home
  • Education
  • Politics
  • Entertainment
  • Business
  • Contact Us

© 2021 Education Updates – Design with 💖 by Website Design Kenya.