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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.
Revelation of abnormal profits made by a Chinese contractor raises a major question on whether Kenyans are actually getting value for money in the race to build world-class infrastructure.
There is every reason to believe that all projects including the Sh327 billion Standard Gauge Railway may actually be as lucrative for the contractors, if not more. Tendering and financing for these projects is completed under utmost secrecy while it is the taxpayer who will ultimately settle the loans through taxes.
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