EACC probe multi-billion Telkom Kenya shares, suspend merger with Airtel

The anti-graft agency wants the planned merger of Telkom Kenya and Airtel Kenya suspended after it emerged that the Government’s shares in Telkom are likely to reduce from 40 per cent to slightly below 15 per cent.

The Ethics and Anti-Corruption Commission (EACC) maintains that Telkom’s true worth is unknown and has never been made public.