This is how Nock and Ministry of Sports officials embezzled Sh88m at Rio

A report investigating how funds were mismanaged by National Olympic Committee of Kenya (Nock) and Ministry of Sports officials reveal shocking details of how Sh88 million was embezzled.
The report recommends action to be taken on the officials responsible for the mismanagement of Team Kenya at the as well as the return of all unaccounted funds and a fresh audit of all the transactions involved.
It further recommends for a thorough audit on the process followed by the Ministry of Sports to award Green Bay Travel Ltd the tender to supply tickets at what it terms as exorbitant price.
The Greenbay Travel Ltd had a flight ticket price offer of Sh154 million while that of the national flying carrier was Sh65million equating to a difference Sh88 million.
The Chef De Mission Stephen Soi earned Sh4.2 million in allowances while Sports Principal Secretary, Richard Ekai, NOCK chairman Kipchoge Keino and F.K Paul who were paid Sh2,772,000.
 
At least 16 joyriders with no business travelling to Rio Olympic Games who included relatives of Olympic officials, excess medical personnel, and members of the Olympics steering committee costed the taxpayer more than Sh10 million.
The report further points out a number of people were paid full allowances yet they never travelled to Rio. They include Boniface Mweresa (Sh761,833), Kiprono Koskei (Sh761,833) and Thomas Longosiwa (Sh761,833).
n total, the Ministry of Sports spent Sh130,983,026 on preparations, training and qualification of teams and athletes, Sh95,3777, 800 on airfare for 89 athletes and 88 officials, Sh163,023,000 on overseas allowances and Sh109,497,600 on other expenses.

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Mr. Majani