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Tag · Ketraco

Ketraco

6 articles
Business

Spanish Firm Unable To Raise Sh185 Million Security Cost In Sh10 Billion Debt Case With Ketraco

A high-stakes battle between Kenya Electricity Transmission Company and a Spanish contractor has taken a dramatic turn after it emerged the foreign firm could not raise the Sh185 million security for costs that Ketraco demanded in the Sh10 billion debt saga. The revelation came as the High Court dismissed Ketraco’s application, ruling that the request […]

Business
News

Court Freezes A Ketraco’s Employee Account Holding Sh58M

A senior manager at Ketraco has suffered a setback after Sh58 million in his bank account was frozen. Justice Esther N. Maina froze various bank accounts belonging to Peter Maina Njehia with total amount of Sh 58,601,915.9. The court blocked Njehia from transferring or withdrawing money including Sh13, 557,385. 00 which is being held as […]

News

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