MPs team now rejects Uhuru's Telkom buyout, flour subsidy

Telkom subscribers queueing to register SIM cards at Telkom house, Nairobi, on April 11, 2022. [Elvis Ogina, Standard]

A parliamentary committee has rejected two payments that the National Treasury made in the last days of the Jubilee administration.

The government paid Sh6 billion to Helios Investments for the company's 60 per cent stake in Telkom Kenya just before the General Election in August, which resulted in the Treasury assuming full ownership of the telecommunications company.