Nairobi, Nov. 3 -- KenGen risks losing its investment of more than Sh363 million in the form of fixed deposits in Stima Investment Co-operative Society after the latter failed to repay the amount to the power producer.

The Nairobi Securities Exchange-listed firm invested Sh100 million in Stima between 2015 and 2016-when it was led by former chief executive Albert Mugo-through its charitable arm KenGen Foundation.

Published by HT Digital Content Services with permission from Business Daily....