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Kenya: Mumias Sugar Company has sacked the Chief Executive Peter Kibati and Commercial Director Paul Murgor. This after an audit report by KPMG found them responsible for losses amounting to Sh1.1 billion, arising from the importation of sugar without the board’s approval.
Board Chairman Dan Ameyo in a signed statement send to newsrooms Monday, said the decision was taken out of growing concerns over the miller’s sugar sales and distribution chain.
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