By Business Daily
The Kenya Forest Service (KFS) raked in Sh2.7 billion from its tree plantations in the year that the government imposed a total ban on logging.
A report of the Auditor-General Edward Ouko shows that KFS earned Sh2,702,904,804 as appropriations-in-aid (AIA) from the forest and related forest products in the year to June 2018.
In the same period, the report shows that KFS spent a paltry Sh124.3 million out of which Sh67.7 million for seeds and seedlings and Sh56.6 million for tree planting activities.
“This translates to five per cent of revenue earned from sale of trees and tree-related products,” Mr Ouko said in a qualified opinion of KFS’s books of accounts for the year to June 2018. The report was tabled in the National Assembly by Leader of Majority Aden Duale.
The government imposed a moratorium on logging in February 2016 following a public outcry over illegal felling of trees that was blamed for the diminishing water levels in the country’s key rivers. Read more>>