Company affiliated to Raila Odinga named in questionable winding up of KQ’s profitable cargo arm

Former Kenya Airways CEO Titus Naikuni defends himself when he was grilled by Senate Committee at Parliament Buildings about his operations during his tenure in the office in file photo. Naikuni, just months into his tenure as the Kenya Airways managing director, stood before the company’s board and disclosed contents of an earlier meeting held in Amsterdam.  (PHOTO: MOSES OMUSULA/ STANDARD)

The shutting down of Kenya Airways’ cargo handling and processing unit, one of the most profitable arms of the company, may have contributed to the near financial ruin of the national carrier, The Standard on Sunday can exclusively reveal.

The cargo unit, Kencargo International Limited (KK), was shut down in 2004 and the cargo handling business outsourced to a competitor whose list of original shareholders include the Orange Democratic Movement (ODM) party leader Raila Odinga, who also doubled as a KQ shareholder, a risk assessment report by audit firm Deloitte reveals.