Kenya Pipeline MD Joe Sang not in for second term
SEE ALSO :Amaco got plum KPC deal without biddingThe MD’s decision comes at a time when the Directorate of Criminal Investigations (DCI) and the Ethics and Anti-Corruption Commission (EACC) are conducting probes touching on procurement at the organisation. Other reports indicated that an investigation into the Sh1.7 billion construction of Kisumu Oil Jetty were nearing completion. The corporation contracted South Engineering Company to build the jetty that was meant to facilitate the transportation of oil through Lake Victoria to Uganda and Tanzania. “You will see action soon. We are doing well in the investigations where Kenyans might have lost money through dubious deals,” George Kinoti, the head of the DCI said.
SEE ALSO :Queries as Sh48b pipe spills dieselThe Tuesday special Board meeting also came up with three resolutions among them that the oil marketing companies through their joint company, Supplycor Kenya Limited, to conduct a forensic audit of stock positions which should be completed by end of the year. They also passed a resolution to allow Directorate of Criminal Investigations to be invited to carry out investigations and the Board directed management to accord maximum cooperation to both the DCI and forensic auditors. This is happening in the wake of losses of hundreds of thousands of litres oil which the company blames on leakage but oil distributors will not hear of it. They have therefore demanded an audit of oil stocks and made it clear that the cost of the losses must not be passed to consumers, a demand which the KPC board has honoured in today's communication. Eyebrows have been raised as to why there have been no reports of major environmental disasters if the losses one of which reportedly happened at Lisa Ranch in Konza, Machakos County happened.
SEE ALSO :Deadlock after oil spillThe other one is said to have happened in Ngong Forest. Environment and Forestry Cabinet Secretary Keriako Tobiko, however, he has not been informed of such a catastrophe. The company has explained the losses as being contributed by a case in Kisumu where oil was being re-routed from the pipeline to a petrol station. A farcical situation would arise when distributors discovered their trucks had been loaded with water but not fuel. According to the Finacial Standard pull-out, taxpayers will not shoulder the burden of the losses. KPC Finance Manager Samuel Odoyo told the Financial Standard last week that the liability of the spillages would be borne by insurance companies and oil marketers.
Read more at: https://www.standardmedia.co.ke/business/article/2001304948/insurance-firm-to-pay-for-kenya-pipeline-fuel-leaks
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