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The Auditor General in a 2018 report indicated that the government had used the Port of Mombasa as security for the Chinese loan used in the construction of the railway line.
Kenya borrowed $3.2 billion (Sh384 billion at today's exchange rate) for the construction of the Mombasa-Nairobi line and $1.5 billion (Sh180 billion) for the Nairobi-Naivasha phase.
According to the audit report, the Exim Bank of China would take over the port and become the principal shareholder of KPA.
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