News
Blow To Ruto As Matiang’i Makes Radical Changes At Kenya Power
The cartels are said to have artificially created power shortages then introduced the so-called Independent Power Producers (IPP) which took over the production of power using diesel generators at a much higher cost
Kenya Power and Lighting Company (KPLC) face monumental operational losses blamed on graft cartels from within the company and to an extent, outsiders. Tough-talking interior cabinet secretary Fred Matiangi is leading the “rescue” team. This is not good news for embattled deputy president William Ruto.
DP Ruto latest key allies John Muenyesh (Petroleum) and Charles Keter (Power) have fallen by the wayside, as President Uhuru Kenyatta begins a purge at the power firm. Kenya Power has since the days of long-serving managing director Samuel Gichuru been nothing but a den of thriving graft cartels.
The cartels are said to have artificially created power shortages then introduced the so-called Independent Power Producers (IPP) which took over the production of power using diesel generators at a much higher cost. IPP’s sell power to KPLC at highly inflated costs, CS Mataingi says that this must “come down” by all means to save wananchi from punitive power charges.
Since the introduction of “Tokens” in recent years, there have been claims that DP Ruto was involved in single-source importation of the gadgets, transformers and concrete posts.
At the heart of Kenya Power rot are claims of inflated bills retaining “fixed costs” that the government says it had long waived in its efforts to expand electricity connections to the countryside
The energy sector has remained one of Kenya’s most grafts prone, in which “white elephants” in the Turkwell Gorge in Turkana and the Kerio valley have turned bureaucrats into overnight millionaires.
At the heart of Kenya Power rot are claims of inflated bills retaining “fixed costs” that the government says it had long waived in its efforts to expand electricity connections to the countryside.
A well-connected cartel is said to have been making millions from tokens through “smart” computer software manipulation of servers that allows deductions to end up in their pockets before the cash lands in KP coffers!
While it’s still a matter of wait and sees, the major re-alignments ahead of the Uhuru succession next year, and battle for lucrative state-related business could see matters take a turn for the worst.
The combative Mataingi says he is “ready” for any eventualities as he vows to clean up the power monopoly that does not even fall under his docket. And it’s a numbing blow to Ruto, who as an astute operator is widely claimed to have made good returns on tender supplies through members of his family including his older son.
Ruto now sees a drastic cut on his income like that of Jogoo road rental houses he had leased to Kenya Police and which was stopped by President Kenyatta in 2019.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
-
Business2 weeks agoTHE HANDSHAKE THAT BECAME A NOOSE: How Tuju’s Alleged Intimate Access to EADB’s Yeda Apopo Produced a Sh294 Million Deal With No Written Contract, and Why That Trust Destroyed an Empire
-
Investigations6 days agoForged Legacy: How Kaplan and Stratton’s Peter Gachuhi Is Accused of Faking a Top AG’s Will as State Claims Damning Evidence
-
News1 week agoMen Linked to Akasha Drug Dynasty Charged With Death Threats and Assault at Nairobi Nightclub
-
News1 week agoCity Lawyer Kimani Wachira Caught Up In Bribery Web Fights Claims
-
Business6 days agoHow Firm Linked To Mombasa Tycoon Jaffer Was Allowed To Import Fuel At Bloated Price And Set To Make Billions In Profits From Iranian War Crisis In Kenya
-
News5 days agoTreasury Hands Sh358M Brief to Eric Gumbo’s Firm While Bypassing Standard Rules — and the Lawyer Is Already Deep Inside Ruto’s State Machine
-
Business5 days agoSold And Abandoned: How Diageo and Asahi Are Locking Kenya’s EABL Minority Shareholders Out Of East Africa’s Biggest Corporate Heist
-
Business6 days agoTHE BANK THAT BROKE THE TRUCKER: How NCBA’s Asset Financing Empire Is on Trial Before London’s Most Feared Arbitral Tribunal
