Kenyan taxpayers risk loosing billions after an Italian firm which was contacted for mega projects was declared bankrupt and officials reported to have left the country.
Italian firm officials linked to bribing CSs flee Kenya with billions
The same firm had been linked to giving Cabinet Secretaries kick backs in order to be favoured in the award of tenders.
CMC Di Ravenna, is said to have abandoned the hydro-power and drinking water projects in Nakuru and Elgeyo Marakwet counties despite receiving a down payment from which it is alleged the kickbacks were paid.
The Standard Newspaper reported that the sites had been closed and officials are in Italy supposedly to address the financial crisis that hit the firm.
Notably, Itare Dam in Kuresoi, Nakuru, is the only project that has had some work done and the government is said to have paid Sh4.9 billion for two other projects that have yet to begin.
The bribery allegations are said to be related to advance payments worth Sh4.9 billion made to the firm, yet no work had started at Kimwarer and Arror dams.
CMC Di Ravenna is said to have been paid Sh10 billion for Itare Dam, meaning it had pocketed a total of Sh14.9 billion.
According to the Standard Newspaper, Treasury CS Henry Rotich was among those questioned in relation to the Sh65 billion stalled dam projects.
It was reported that CS Rotich recorded a statement on Monday at the Directorate of Criminal Investigations over the Arror multi-purpose dam and Kimwarer in Keiyo South constituency.
However, not clear if the CS was questioned as a witness or if he is under investigation.
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