The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
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Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Auditor-General Nancy Gathungu launches Audit Report on Illicit Financial Flows in Africa at Norfolk Hotel on March 10, 2025. [Jenipher Wachie, Standard]
Auditor-General Nancy Gathungu has cited massive irregularities in the payment of Sh12.99 billion for wayleave compensation by the Kenya Electricity Transmission Company (Ketraco) Limited in seven donor-funded projects.
A forensic audit before Parliament covering 13 financial years, from 2010/11 to 2022/23, indicated that the compensation project was budgeted at Sh17.02 billion, of which Sh4.03 billion remains outstanding to date.
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