The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
A police officer keeping guard at the Kenya Pipeline Company (KPC) petroleum storage facilities in Nairobi on August 21, 2024. [Kanyiri Wahito, Standard]
A Lebanese company has raided Kenya Pipeline Company's bank accounts, claiming that the company has refused to pay more than Sh926 million owed to it following a contract to build a pipeline from Mombasa.
In its case filed before the Commercial Court, Zakhem International Construction Limited wants the court to attach KPC's bank accounts held in Standard Chartered Bank, Equity Bank, and Stanbic Bank.
Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access