The already financially struggling Egerton University, faces a new scandal involving the alleged takeover of Eger 2,000 acres at Ngongeri Farm by private individuals.
Members of Parliament on the Public Investment Committee (PIC) revealed that private investors, linked to a company called Cropsoko, moved onto the land, cultivated it, and took the harvest without permission.
The university says it was caught off guard.
“The individuals informed the institution that they had been sent to till the land, yet they did not have an introduction letter,” the report noted.
Local residents were so alarmed by the tractors and workers that they chased the intruders away.
The land issue adds to long-standing financial problems. For six years, Egerton has struggled to pay taxes, insurance, and other statutory deductions.
Daily operations are under strain, and lawmakers are demanding urgent action to prevent total collapse.
“Stakeholders have been kept in the dark about the university’s finances. This lack of transparency cannot continue,” the PIC report stated.
To save the institution, the PIC has given Egerton 60 days to submit a “Going-Concern Recovery Plan.”
The plan must include cost-cutting measures, new ways to raise revenue, and a clear timeline for restructuring debts.
“Ensure all future deductions are remitted promptly… Hold responsible officers accountable for non-compliance,” the committee warned.
