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MPs probe possible conflict of interest in Sh35 billion pipeline loan

Kenya Pipeline Company Chairman John Ngumi during an interview last April. [David Njaaga,Standard]

National Assembly’s Energy Committee is now probing the manner in which Kenya Pipeline Company (KPC) secured a Sh35 billion loan for the new Mombasa-Nairobi pipeline expected to cost in excess of Sh50 billion.

The pipeline, which is now a subject of investigation by multiple agencies, is the country’s second largest project in cost after the Standard Gauge Railway.

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