KPLC inflated, irregularly awarded Sh228m thermal power contracts
Nairobi, Nov. 10 -- Kenya Power breached procurement laws when it awarded Sh228.9 million worth of contracts to thermal power generators in Marsabit and Wajir, according to an audit of the company's financial statements.
The Nairobi Securities Exchange-listed firm also revised the value of one of the contracts upwards by Sh24.7 million barely seven months after signing the deal.
Published by HT Digital Content Services with permission from Business Daily....
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