Mystery deepens over sale of De La Rue subsidiaries

De La Rue [Photo: Courtesy]

The Government has not acquired a single share in local subsidiaries of British currency printing firm De La Rue despite several budgetary allocations, it has emerged.

Filings at the Registrar of Companies seen by The Standard indicate that the Government has no shareholding in De La Rue Currency and Security Print Ltd (trading) and De La Rue Kenya EPZ Ltd (dormant) despite public pronouncements by the National Treasury that it has been making regular payments for the shares.