The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Petroleum and Mining CS John Munyes (R) chat with the Senate Energy Committee Chairman Ephraim Maina (L) and Ledama Olekina before committee meeting at Parliament. [Boniface Okendo/Standard]
The Kenya Pipeline Company (KPC) management was at pains to explain how an insurance company was offered a lucrative insurance deal when it had not taken part in the tendering process.
KPC’s acting Managing Director Hudson Andambi said he could not confirm if Africa Merchant Assurance Company (Amaco) was legally engaged. He revealed Amaco was introduced as a co-insurer a month after the tender for the company’s overall insurance was awarded to Co-operative Insurance Company (CIC).
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