State broadcaster on spot over financial misappropriation

Senate ICT committee chairman Gideon Moi chairing the committee when they met KBC on the outdoor advertising bill at Parliament, Nairobi. [Boniface Okendo/Standard]

Kenya’s national broadcaster is sinking into a financial crisis, a Senate committee was told.

A loss of close to Sh7 billion has seen the Kenya Broadcasting Corporation (KBC) unable to remit statutory charges to relevant authorities.