Companies Ex-Kpc boss freed on Sh1 million bail after surrender to police Former managing director of the Kenya Pipeline Company (Kpc) Charles Tanui and seven others sought over a Sh644 million fraud at the State corporation have surrendered to the police two days after the anti-graft court issued a warrant of arrest against them.
Mr Obure and Mr Khasinah, directors of Aero Dispenser, have been charged with obtaining $2,544,076.31 (Sh254.6million) from the Kpc and presenting a forged document from the Registrar of Companies in support of bid documents.
News Graft purge triggers fresh succession wars in State corporations From left, Mr Joe Sang (Kpc), Ken Tarus (Kenya Power) and Geoffrey Mwangi (NHIF).
- Narok Senator Olekina Ledama said suspended Kenya Pipeline Corporation Managing Director Joe Sang was wrongly targeted in corruption purge - He said investigators had left out real individuals behind alleged loss of billions at the parastatal - Ledama said previous Kpc managers who were suspended won court cases leveled against them - The Orange Democratic Movement legislator said his conscience was clear that Sang was innocent Narok Senator Olekina Ledama has defended suspended Kenya Pipeline Corporation (Kpc) Managing Director Joe Sang over corruption allegations involving misappropriation of KSh 1.8 billion.
This week top officials of Kenya Pipeline Company (Kpc) and National Health Insurance Fund (NHIF) were charged for abuse of office and economic crimes that led to the loss of billions of shillings from the two institutions.
Read: 'No coin lost': CS John Munyes defends Joe Sang over Kisumu Oil Jetty scandal Former Kpc bosses Ken Tarus and Ben Chumo are also facing corruption charges.
Economy Ex-Kenya Pipeline boss on the run in Sh644m fraud case Former Kenya Pipeline Company (Kpc) managing director Charles Kiprotich Tanui and 10 other senior managers are facing arrest for their alleged role in the loss of Sh644 million at the State firm.
On Monday, Kpc managing director Joe Sang and other officials from the company denied three counts relating to the loss of Sh1.9 billion in the construction of the Kisumu Oil Jetty.
Kenya Pipeline Company (Kpc) initially planned to spend Sh1.4 billion in building the bridge but ended up spending close to Sh2 billion on it.
News CS Munyes says no money lost in Kpc oil jetty deal The Ministry of Petroleum has said no money was lost in the construction of the Sh1.9 billion Kisumu Oil Jetty— a day after top managers at the Kenya Pipeline Company (Kpc) were charged for procurement irregularities.