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In 2012/13 financial year, Treasury paid Sh644.4 million to Ken Ren even after Parliament directed that the payments should be stopped.
A total of Sh644.4 million was incurred last year on a project which did not take off and against which no value for money was achieved
It appears Kenya is literary paying dearly for the “sins of their fathers”, according to the latest Auditor’s General report. President Uhuru Kenyatta and former President Kibaki’s regimes paid a cool Sh644 million towards a dubious debt guaranteed by the Government. The controversial payments were made in the 2012/2013 financial year.
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