With 86 percent of its loan book written off as bad debt and now facing allegations of half a billion shillings in questionable contracts, KDC may have squandered its last reserves of public trust.
The deal’s details only emerged after the National Assembly’s Finance and National Planning Committee compelled Governor Thugge to reveal the German firm’s identity and the contract’s cost to taxpayers.
More information from our source – the whistleblower continues to unfold the rot in the Procurement industry with the help of PPRA-PPRB the procurement authorities. The corrupt Jubilee Insurance Co / Jubilee Allianz General Insurance Co king of kickbacks colluding with the authorities to win tenders through rigging – birds of the same feathers flocking together. “BID […]
If you can remember, on record when terms and conditions was regulated to favor Minet to kick out NHIF and other insurance firms from TSC Medical scheme, the normalcy is repeating itself in the recent KNH PROCUREMENT OF INSURANCE UNDERWRITING SERVICES KNH/T/46/2021-2022 where terms and conditions were changed out from the cloud and that only left one […]
