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Mumias to launch bailout cash audit

Mumias Sugar Company Board Chairman Kennedy Ngumbau Mulwa (right) and company Managing Director Nashon Aseka (left) ( PHOTO: BENJAMIN SAKWA)

MUMIAS, KENYA: Mumias Sugar Company will conduct a financial audit to establish how a Sh3.2 billion bailout by the Government was utilised.

Board chairman Kenneth Ngumbau said the probe targets former managers in the finance and procurement departments.

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