Kenya Pipeline Managing Director Joe Sang has quit his position as the board invited crime busters from the DCI to investigate disappearance of more than 21 million litres of fuel, which KPC claimed to have either spilt or was stolen by vandals.
The Kenya Pipeline Managing Director Joe Sang has quit his position as the board invited crime busters to investigate the disappearance of more than 21 million litres of fuel, which KPC claimed to have either spilt or was stolen by vandals.
"The board received and accepted Sang's letter stating that due to personal reasons he will not be seeking a second term," chairperson John Ngumi said in a statement on Tuesday.
Hours after the Kenya Pipeline Company MD Joe Sang handed a letter to the board — saying he would not go for another term — it emerged that three senior managers will “likely” be asked to step aside over the multibillion-shilling scandals at the S...
KPC Finance Manager Samuel Odoyo told the Financial Standard last week that the liability of the spillages would be borne by insurance companies and oil marketers.
A senior State House official called Deputy President William Ruto's ally, Kenya Pipeline Managing Director Joe Sang, and told him to resign or face arrest.
Chairman John Ngumi in a statement announcing the impending probe said the board had accepted Joe Sang’s intention not to have his term renewed, saying he had cited personal reasons for the decision.
The KPC management he supervises has maintained that the unaccounted for fuel either spilt or was stolen by vandals, a claim countered by oil marketers who are seeking their own forensic audit.
Oil marketers have opposed the December deadline the Kenya Pipeline Company (KPC) issued to conduct an independent forensic audit following the loss of Sh1.2 billion worth of fuel through pilferage and spillage.
Sang, whose term was expected to expire in April 2019, tendered his resignation letter on the morning of Tuesday, December 4, as investigation into the alleged massive losses at the state corporation kicked off.
The committee chaired by Nakuru Town East MP David Gikaria will seek answers from the KPC management on how the oil was lost as well as listen to the firms’ claims.