Counties contravene law, open 287 new bank accounts in three months

Counties opened 287 additional accounts at commercial banks between December and March this year in continued breach of the law, hurting efforts to boost accountability on how the devolved units spend public funds.

An analysis of official data from the Controller of Budget (CoB) shows that counties had 1,668 accounts at commercial banks in March from 1,381 at the end of last year.