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Labrish
Nyuuz
Sakaja defends hospital bank switch to Sidian
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[QUOTE="Munyaradzi Mafaro, post: 73343, member: 636"] Nairobi County's banking migration to Sidian Bank stemmed from chronic salary payment bottlenecks and unfavorable lending terms at the previous financial institution, according to Governor Johnson Sakaja's testimony before Senate oversight officials. The administrator told legislators that his government conducted competitive evaluations before selecting Sidian based on superior interest rates and operational proposals, emphasizing that statutory frameworks permit counties discretion in choosing banking partners regardless of ownership structures. Sakaja attributed the October executive decision to transfer hospital deposit operations partly to check clearance delays that hampered timely compensation for healthcare personnel, particularly when national reimbursements arrived late. County health facilities at levels four and five received directives to establish fresh accounts following the procurement process that prioritized administrative efficiency over institutional loyalty. [/QUOTE]
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Sakaja defends hospital bank switch to Sidian
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