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More than 400 to lose jobs as contractor stares at closing shop

More than 400 employees of a Mombasa-based contractor risk losing their jobs after one of the firm’s biggest clients defaulted on payments of an estimated Sh1 billion.

Mr.Elsek- Elsek Erdinc. [PHOTO:FILE/STANDARD]

Elsek and Elsek Construction has written to employees informing them of the impending closure of business following non-payment by Presbyterian University of East Africa for a campus project delivered in 2010.

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