Egerton University has released a report showing that it has been receiving millions of money from unidentified persons.
The financial report from the Vice Chancellor’s office, department of finance, indicates that more than 895 entries have been made.
Some of the entries have names of the depositors indicated as well as the bank accounts used but lack important identifiers such as registration numbers to help reach the owners.
“Attached is a list of 895 entries relating to funds deposited into the various university bank accounts and whose depositors and purposes for the deposits have been difficult to identify,” read the report on the institution’s website.
The institution, therefore, has requested individuals who may have made the deposits, which stretch as back as 2015, to come out and claim their money back.
Targeted individuals will be required to submit original deposit receipts as evidence, with information on what the cash was meant for.
"Please check and come forward with supporting evidence if you made the deposits in order to enable us to update our records accordingly," the report further stated.
Amounts seen on the list include an individual by the name of Johnson Okot, who paid a total of Ksh168,000, whose intent has not yet been established. As little as ksh1 has also been paid to Egerton’s bank account according to the list.
This is not the first time that the Njoro-based institution has made headlines over financial abnormalities.
In 2018, the university went into a cash crunch after the commission for cooperative development froze its account for not remitting staff deductions to the relevant authorities.
