Italian contractor leaves with Kenya's Sh15 billion deposit

A section of Itare Dam in Kuresoi North. [Kipsang Joseph/Standard]

At least Sh15 billion of public money is at risk of being lost as the Italian contractor at the centre of bribery claims involving Kenyan Cabinet Secretaries appears to have left the sites of three mega projects.

CMC Di Ravenna, which has been declared bankrupt at home in Italy, has abandoned the hydro-power and drinking water projects in Nakuru and Elgeyo Marakwet counties despite receiving a down payment from which it is alleged the kickbacks were paid.