![]() ![]() The Finance Committee, led by Molo Member of Parliament Kuria Kimani, aims to investigate the process followed in the payment of the KES 6 billion to the foreign company months before the August 2022 election. The National Assembly Committee on Budget Appropriations declined to approve the allocation of money to fund the takeover and called for more clarity. ![]() The Finance Committee initiated the probe after concerns were raised about a potential irregular transaction of public funds. Former CS Ukur Yatani to face parliament over KES 6B Telkom buyoutįormer Treasury Cabinet Secretary Ukur Yatani has been summoned by the Departmental Committee on Finance to answer questions regarding the KES 6 billion Telkom buyout scandal. The Supreme Court last month ordered EABL to reinstate Bia Tosha on the contested routes following a court battle that began in 2016.īia Tosha is also seeking compensation of over KES 1 billion for losses suffered since being kept out of the beer distribution business by EABL. The fine, amounting to 20 percent of EABL’s sales, comes after former supplier Bia Tosha Distributors accused the brewer of failing to give back beer distributorship routes in parts of Nairobi, Machakos, and Kajiado. EABL Directors face multi-billion shillings fine for disobeying court orderĭirectors of East African Breweries Limited (EABL) and parent company Diageo could face a fine of up to KES 39 billion for disobeying a Supreme Court order regarding a beer supply contract. The directorate of criminal investigations is investigating the matter. Officials who were seemingly after Shah’s land details mistakenly tore off the land reference details belonging to another property. Shah’s property was registered under title deed number IR250040. Government records show that the land actually belongs to their father, Batuk Shah.Ī senior assistant to the chief land registrar, David Nyandoro, revealed to the Nairobi County Assembly Planning Committee that rogue officials at the Lands Ministry had almost successfully erased all of the property’s records but accidentally spared crucial information. ![]() KES 20M Westlands property belongs to Batuk Shah, records showĪn Asian couple who had their KES 20 million Westlands property demolished last November have received some good news. The Consumers Federation of Kenya has petitioned Parliament to investigate the spending. Oryx Energies received KES 8.21 billion in two tranches, making it the largest beneficiary, followed by Galana at KES 3.82 billion and E3 at KES 3.52 billion.Ĭhirchir, the Energy Cabinet Secretary, was summoned by the National Assembly’s Public Petitions Committee regarding the expenditure, which was withdrawn under Article 223 of the Constitution. Other companies that shared the amount for products imported include E3 Energy Kenya, Vivo Energy Kenya, Galana Oil Kenya, and Rubis Energy. Oryx Energies was the biggest beneficiary of the KES 16.59 billion fuel subsidy payout made by former President Uhuru Kenyatta, according to a report submitted by the Energy Ministry to the National Assembly. Oryx Energies received the largest payout from Uhuru era’s fuel subsidy This spending may mean belt-tightening in other sectors of the economy. The taxpayers will provide KES 2.25 billion in one-off payments over five years for KES 35 million mortgage, KES 10 million car grant, and KES 10 million and KES 3 million inpatient and outpatient medical cover for each CAS. The 50 CASs will cost KES 460 million annually in salaries, totaling KES 2.3 billion in five years. The State House initially asked the Public Service Commission (PSC) to create 23 CAS posts, which then rose to 50, signalling competing political interests, with the shortlist at one point reopened to accommodate more applicants. President William Ruto has created the most bloated Executive in Kenya’s recent history, costing the taxpayers KES 13.2 billion in five years, with 50 chief administrative secretaries (CASs). Heavier financial burden for ‘Wanjiku’ as Ruto nearly doubles CAS positions Here’s a quick rundown of what’s making headlines. You can read the Daily Nation e-paper here: Press Review: The day’s top stories at a glance ![]()
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