Briefcase businessman who took over Railways without paying a cent - News Summed Up

Briefcase businessman who took over Railways without paying a cent


On the second floor of Block B at the Kenya Railways headquarters, then man perched at the echelon of our railway system. Complex webWhen his main partner pulled out, Mr Puffett did not disclose this until the eve of the launch. Read full articleWhile Kenya was to receive $3 million (Sh323 million) and Uganda $2 million (Sh215 million) before the handover, Mr Puffett actually took over the running of the railways without paying a cent. Finally, they sanctioned three companies, Africa Railways Logistics Limited, Africa Railways and Rift Valley Railways Kenya Limited, for corruption. Railway properties under Kenya Railways were grabbed, stocks sold, wagons disappeared and wanton looting continued.


Source: Daily Nation July 26, 2020 07:11 UTC



Loading...
Loading...
  

Loading...