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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.
The Standard Group PLC wishes to retract an article published in the Financial Standard at pages 1, 4 and 5 and on its website on April 11, 2023, headlined 'How John Ngumi, law firm pocketed Sh585 million in Sh6b Telkom deal'.
This retraction is in acknowledgement of the fact that the publication was incomplete, inaccurate and misleading due to misapprehension of the facts as established during the parliamentary hearings on the transaction.
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