The struggling Kenya Power and Lighting Company (KPLC) is now a special project for the government.
The government on Thursday decided to take over the company in a bid to deal with the mess that is choking the energy giant; by ordering detectives to uncover the mess in the parastatal.
The mismanagement affecting the national power supplier threatens to affect the fundamental sectors of the economy as electricity prices in Kenya becomes on of the highest in the world.
The government’s intervention seeks to save the company from the brink of bankruptcy and see all its operations from recruitment, management to procurement come under close watch.
This decision came shortly after a three-hour crisis meeting chaired by Interior CS Fred Matiang’i, led by Kenya Power board Vivienne Yeda and acting Kenya Power acting managing director Rosemary Oduor.
Others are Energy Principal Secretary Gordon Kihalangwa, his Treasury counterpart Julius Muia and Anne Erickson a member of the presidential taskforce on the Review of Power Purchase Agreements (PPAs).
Dr. Matiang’i ordered a forensic audit to unearth financial dealings that are similar to fraud and sabotage.
Given the task is a multi agency team comprising of detectives from the Directorate of Criminal Investigations, Financial Reporting Agency, Asset Recovery Agency and others.
This investigation comes after allegations that some workers are colluding with large electricity consumers to either lower or evade paying electricity bills.
The team will also investigate power purchase agreements that have punished consumers to expensive electricity bills, notorious multi-billion shillings tenders, inside trading, conflict of interests by top management of the company and other illegal dealings by its workers.
This comes several weeks after President Uhuru Kenyatta created a taskforce to investigate and bring recommendations that would see reduction in the cost of electricity. The government ordered the company to reduce the bills by 33 percent within four months.
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nothing like Justice in Kenya's electoral body.this greediest must vacate the office
Your Comment : I have now believed that we do not have an independent electoral and boundaries commission , instead we have a congregation of greedy individuals out to misuse Kenyans and bring chaos to our country. #Remove them. #clean the top leadership.
Congratulations to Governor Mutua,you really deserve to lead in the best performing governors,,, those ranked last should be dealt with accordingly for misappropriating public funds
Raila was the hunter now the hunted... how do trust a hyena like Uhuru.. You both greedy... you dug your grave lie in it... What handshake.. Crap...
Babu aje zake,handshake is for all Kenyans, and Kibra believe in handshake, there4, Uhuru And Raila should have different candidates and whoever Will go through Will be thé product of handshake
Babu waja ukoloni bwana, there's no direct ticket
Hehehe, supporting somebody was not an agreement in the handshake my friends!! Remember Raila caused many to die during the era of maandamano hence Uhuru devised a method how to tame this power hungry man!! Mariga must win
Your Raila and uhuru come from different political party,. Everyone is free to handle his party issues and i salute the president for supporting mariga being the jubilee candidate. Raila is also supporting the odm candidate and no one is against that. Some people are taking handshake as political party while it's not. Please mr mp style up.
Babu wacha kiherehere or baba will tie u the same tree kidero and obado were rope tied when the latters looked threatening the leadership of baba in nyanza
wacha kiherehere babu