The ailing Moi University has opted to sell cows and bulls through a public auction in order to survive. The once vibrant institution of higher learning is now a shell of its former self rocked with financial turmoil, corruption, and tribalism.
In a notice seen by Soko Directory, Moi University has invited members of the public to a public auction for cows and bulls on February 17, 2022, at the main campus. The auditor general has already said that the institution is barely surviving.
We should not sit 🪑 by & Watch Moi University collapse. Those responsible must be held to account. If we let this happen, the ripple effect across the country will not be contained. pic.twitter.com/jhZcSEHWmg
— SokoAnalyst (@SokoAnalyst) February 15, 2022
The institution has been under the radar of the Ethics and Anti-Corruption Commission (EACC) over the embezzlement of funds meant to develop the university. Moi University is one of the largest universities in Kenya that gets millions of cash in form of fees from students.
News this morning: Moi University has announced that it is broke and will therefore be auctioning its cows and bulls. Members of the public have been called to place their bids. We are watching our universities go down the drain as a result of massive looting!
— Juma G 🇰🇪 (@jumaf3) February 16, 2022
Moi University joins the ever-growing list of public universities in Kenya that are struggling to remain afloat. Nairobi University is looking for investors to help develop its idle land to enable them to manage cashflows and operate. Egerton University has remained shut for more than a year with no money to run the university and pay staff.
Egerton University Management Admits That The University Has A Debt Of Ksh 6.1 Billion@KTNNewsKE
WATCH VIDEO: https://t.co/5t6Aa68kAL
— KenyaMOJA.com (@KenMOJA) February 15, 2022
Read More: Moi University to Pay Ksh 50,000 To Students Omitted From The Graduation List