Alleastafrica
All East Africa - Latest NewsHEADLINESKENYA

Kenya’s finance minister arrested for fraud, corruption

NAIROBI,  — Kenya’s criminal investigation chief says the country’s finance minister has been arrested on charges of fraud and corruption over the awarding of contracts to construct two dams in western Kenya.

George Kinoti said Monday that Finance Minister Henry Rotich was recording statements at the Criminal Investigation headquarters Monday before being charged in court.

The Director of Public Prosecutions Noordin Haji ordered Rotich and 27 other officials charged for the allegedly fraudulent contracts and payments to Italian firm CMC di Ravenna.

Haji said many procurement procedures stipulated by the law for such projects were ignored and the law was circumvented to ensure that CMC di Ravenna got the contracts even though it was facing liquidation in Italy.

Haji said the cost of building the two dams was inflated by about $164.5million.

By AP

Related posts

Kenyan president declared winner of disputed election rerun

NewsDesk

Kenya: Cleophas Shimanyula: Killer bus owner’s climb to riches

Newsroom

Tanzanians debate corporal punishment after pupil was ‘beaten to death’

Newsroom

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More