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. [David Njaaga, Standard]
A report by the Auditor General (AG) has revealed that Geothermal Development Company (GDC) spent more than Sh900 million in drilling unproductive wells, which it ended up abandoning.
According to a report for the year ended June 2019, the auditor general notes that the company, during the 2016/2017 fiscal period had significant expenses amounting to Sh1.7 billion, some of which could have been avoided.
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