The service network provider, Safaricom has denied claims that it took part in the NYS scum.
The service provider says it played no role in the loss of Sh3 billion that was meant for the NYS cohorts.
The company's chief executive officer Bob Collymore who appeared before the National Assembly’s public accounts committee told the team the firm had a contract with the National Bank of Kenya (NBK) and not the youth agency.
“We entered into a contract with the NBK for bulk disbursement in 2011, and the role of Safaricom through M-Pesa, was to provide an online platform where the bank could disburse the funds to multiple recipients,” he said.
According to the CEO, Safaricom provided the platform for the bank to enter mobile phone numbers of intended recipients for efficiency whereas, the bank provided the funds. Collymore could, however, not mention used by the bank in terms of payment.
This information is, however, being disputed by committee chairman, Nicholas Gumbo who says that there were no mobile records showing payment to the cohorts and directed Safaricom to verify whether the M-Pesa account holders said to have been paid were the actual beneficiaries.