An intricate network of corrupt employees and contractors has put Kenya Power back in the spotlight………
The employees co-own the companies with their spouses, children or other relatives. “Some of the pre-qualified firms were owned or associated with Kenya Power employees,” says the report by internal auditors.
Some of the employees forming the cartel are low cadre and include clerks and technicians, “An examination of money transfers showed a trend where funds were exchanged between directors of the pre-qualified L&T firms and KPLC staff.
For these corrupt employees, money comes first and despite the sensitive nature of power infrastructure, they have contracted unqualified companies to undertake repairs.
Tafadhali wafutwe wote na wafunguliwe mashtaka. Ofisi zingine kama ya Bungoma ni bure kwa zote. Wacha nitoke kabla @RetiredVirgin anipate nimeshika moto tena
Very true, they are coming very fast these days. Soon they’ll be calling us telling us “Hello customer we noticed you are in the process of buying tokens would like any help?”
These are still the small fish but a step in the right direction. The biggest scam that has been run for years is that involving thermal power use. Has anyone ever bothered to thoroughly check who owns them and how they got the contracts?
We can call it “intelligent stealing”, the same shenanigans were used with so called irrevocable promissory notes (that Kimunya now claims he never cancelled) for Anglo Fleecing. Unless our laws, prosecutors and courts outsmart the wakora they will always beat us in the end game. Had Kenya been the USA, they would all be serving long sentences behind bars - including Wako and Kimunya - for racketeering with their assets seized and liquidated for taxpayer benefit.
I read somewhere Moi signed some agreements just when he was about to hand over to Kibaki leaving the NARC administration with the mess. It is possible Kibaki signed some too.
were signed by kiraitu murungi circa 2009, with a take or pay model, they will be shafting you for the next two decades so lube up.
Edit.
Am talking about four IPP’s for thermal power signed during grand coalition govt. Rumour has it kiraitu is key shareholder in gulf energy and gulf power (not reliable source).
It would be funny, if it were not so tragic, there are new PPAs with guaranteed amounts in the billions to be paid out (whether Kenyans use the power or not even if they don’t need it). It just so happens that one or more of the shareholders in the latest deal is one of the thermal operators. From one gravy train to the next. The only people on the streets protesting are those in Lamu, their voices unheard.
Tutalia when it is too late, when it comes time to pay Ksh 37 billion a year as we destroy the ecosystem and ensure cancer entrenches itself amongst the innocent of Lamu.
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Murungi is a Harvard educated lawyer yet he permitted such agreements to be signed. Is there any chance he will be taken to prison for economic crimes in our life time?
Some may have been renewed and new IPPs were added to the mix. You can rest assured that someone in Kibaki’s regime had their hand in the cookie jar when these deals were done. One should be asking for example who the real owners of these 10% amounts are and any entities in off shore havens should be investigated for their true ownership or we are simply having yet another Mobitelea moment as we suffer under high power costing:
[INDENT]Thika Power Ltd (TPL) a special purpose company registered under the laws of Kenya. TPL will be 90% owned by Melec PowerGen (BVI), the international contracting arm of the Matelec Group of the Lebanon, incorporated in the British Virgin Islands, with similar project experience in Senegal. The balance of the 10% equity will be held by the local partner, Africa Energy Resources PTE Ltd. incorporated in Singapore.[/INDENT]
[INDENT][/INDENT]
[INDENT]The project will be developed by Gulf Power Ltd, which is incorporated in Kenya. Gulf Power Ltd has the following shareholding: Gulf Energy Ltd. (50percent), Multiple Hauliers Ltd. (30 percent), Noora Power (10 percent), and the shareholder accounting for the remaining 10 percent will be identified soon. GPL‘s principal shareholder, Gulf Energy Ltd. is an oil and gas trading company with operations in the East Africa Region.[/INDENT]
Now you see why “Alshabaab” and the “insurgency” narrative in Mpeketoni, Boni Forest and other areas of Lamu fit in the greater schemes of things ?
Some thieves want to forcefully and cheaply evict people from their land and but an apologist will tell you America, Europe & China were built on coal power.
The new age cartels have the blessings and perhaps even the participation of the executive. Kenya Power is the conduit through which the transfer of wealth from citizens into the pockets of the cartels takes place.
