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The Standard e-Paper
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The Standard Group Plc is a
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The State has lost Sh15 billion in non-performing loans lent out to parastatals and Government agencies, some of which have since become defunct.
According to financial reports of State corporations over the last financial year released by Treasury, a total of 35 State organs ranging from sugar firms to local authorities owe the Government a collective Sh15.4 billion in non-performing loans.
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