The Kenya Tea Development Agency (KTDA) has dismissed allegations of financial mismanagement, insisting that all commodity loans flagged by the regulator were fully cleared as of September 2025, while long-term inter-factory borrowings remain under structured repayment schedules and within approved policy guidelines.
Responding to an audit report by the Tea Board of Kenya (TBK) that alleged KTDA-run factories owe more than Sh26 billion in improperly sanctioned loans, the agency said it had not officially received the audit findings and are willing to clarify any outstanding issues.