News
How Former Vision 2030 CEO Mugo Kibati Might Have Colluded With Officials in Ministry of Energy In Lake Turkana Wind Power Project Tender Under Investigation.
Mugo Kibati was director general for Vision 2030 secretariat from 2009 and 2013. This was the same time Lake Turkana Wind Power (LTWP) was incorporated as a Vision 2030 flagship project. Apparently, documents being reviewed by Parliamentary Public Investment Committee indicate that Mr Kibati is a chairman of the company’s board – LTWP and also Telco giant Telkom CEO.
A special audit report done by deputy auditor general Fredrick Odhiambo revealed that the lease agreement was given to the Lake Turkana Wind Power before the company was incorporated while Mr. Kibati was in charge. It buffles how the Energy ministry granted the private investor exclusive rights to survey the project area before the lease agreement.
The payments for the multi-billion-shillings project were made in four tranches from June to September, last year, but the firm’s directors before the PIC told the MPs they have waited for one year for bank account details to deposit the refund to the Kenya government of which there’s a suspicion of possible collision – accomplice between Energy ministry and Kenya Power officials who could be pocketing interest earned on the cash, if all the money is still available.
According to documents seen by Kenya Insights, the company that implemented the Wind Farm located in Loiyangalani was supposed to be paid 39.826 million Euros but it received 45 million Euros.
There is ongoing probe into the overpayment, massive conflict of interest on the part of government officials led by Mugo Kibati who were linked to the project that comprises 365 wind turbines each with a capacity of 850kW and a high voltage substation.
It is to be establish who authorised the excess payments and why the company has refused to refund the money to Kenya Power one year later. Reason as to why they have not wired the money despite getting details of the account to deposit the cash and why it took the Ministry of Energy and the management of KPLC one year to provide details of the account to deposit the refund raises alarm.
This article will be updated as more information continue to trickle inn.
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
Kenya’s gambling industry pushes back against a licensing bill
Kenya’s betting tax reform and why it matters
KETRACO CEO Advert Marred By Controversies As Fears Grow That Kipkemoi Kibias Is A Predetermined Candidate
I Will Bribe Every Judge in Town- MP Jack Wamboka
KNH ON THE BRINK: How Corruption, Revenue Plunder and State Neglect Are Destroying Kenya’s Flagship Hospital
Receivers In TransCentury Sh6B KRA Tax Arrears Are Biased And Must Be Removed, COFEK Claims
The Man Behind the Badge: How Prof. Erastus Kanga Turned Kenya’s Premier Wildlife Agency into a Theatre of Corruption, Fear and Impunity
City Lawyer Conrad Maloba Arrested Over Fake Ambulance Fraud
THE FIXER IN THE FILE ROOM: How Parliamentary Health Committee Clerk Adan Gindicha Cleared Mediheal Hospital of Organ Harvesting Claims Despite Mounting Evidence
Nairobi Freezes Binance Accounts in Sweeping Anti-Fraud Crackdown as Global Scandal Record Haunts World’s Largest Crypto Exchange
Forged Legacy: How Kaplan and Stratton’s Peter Gachuhi Is Accused of Faking a Top AG’s Will as State Claims Damning Evidence
Inside Details Of Sh78 Billion Fraud in KPC’s Mombasa-Nairobi Line 5 Pipeline Project That Has Continued To Bleed The Country
The Lawyer at the Centre of Kenya’s State Machine: Eric Gumbo, the AG’s Bypassed Office, and the Half-Billion-Shilling Question
Sold And Abandoned: How Diageo and Asahi Are Locking Kenya’s EABL Minority Shareholders Out Of East Africa’s Biggest Corporate Heist
Poison at the Pump: How Kenya’s Fuel Marking System May Be Exposing Millions to Cancer-Causing Chemicals
How 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
THE ZAKHEM-ECOBANK MACHINE: How Kenya’s Courts Were Weaponised to Drain a State Corporation of Over KES 78 Billion
The Teflon Company: How Gulf Energy’s Insiders Built Billions on Kenya’s Fuel, and Walked Away Clean
Kenyan Motorists Stare At Possible Engine Damage And Heavy Losses As Report Confirms Substandard Fuel In Circulation
Mombasa Lawyer Exposed In Sh600 Million Alleged Double-Dealing Diani Property Transaction
-
Business2 weeks agoKenyan Motorists Stare At Possible Engine Damage And Heavy Losses As Report Confirms Substandard Fuel In Circulation
-
Business2 weeks agoTHE FUEL CABAL: How Mohamed Jaffer, a KPC Insider, and a Ministry Official Are Alleged to Have Manufactured Kenya’s Worst Petroleum Crisis in Three Years, While Kenyans Burned
-
Business6 days agoNairobi Freezes Binance Accounts in Sweeping Anti-Fraud Crackdown as Global Scandal Record Haunts World’s Largest Crypto Exchange
-
Investigations6 days agoEXCLUSIVE: Odibets Bought Stolen Data From Millions Of Kenyans
-
Business2 weeks agoGetting Away With It: How Kenya’s Most Politically Connected Fuel Company Gulf Energy Is Pocketing Billions While Rival Firms Face Public Wrath
-
Investigations1 week agoTHE BRAZEN RETURN: Triton Thief Yagnesh Devani, Who Pillaged Kenya of Sh7.6 Billion and Fled, Now Asks the Same Courts He Escaped to Restore His Stolen Wealth
-
Business2 weeks agoSugar Empire in the Dock: How Kibos’s Mombasa Refinery Landed 1,481 Phantom Tonnes at the Port — and Why Nine Government Agencies Are Now Watching Its Every Move
-
Investigations5 days agoTHE FIXER IN THE FILE ROOM: How Parliamentary Health Committee Clerk Adan Gindicha Cleared Mediheal Hospital of Organ Harvesting Claims Despite Mounting Evidence