Dams: Italian firm denies graft claims - News Summed Up

Dams: Italian firm denies graft claims


According to Mr Mauro Abbafati, the project manager, the firm can account for the advanced payment released to implement the project. Related Content Dams: Italian firm locked in Asia court battleMs Eva Luongo, the project’s chief engineer, said the firm undertook an international contract and there was no risk of loss of funds. `The Italian firm has come under spotlight over possible loss of public funds amounting to Sh21billion. Work on the dams has never started despite the payment of Sh21 billion to the broke Italian firm, and an insurance company which had secured the loans. The balance of the money dished out was paid to an insurance firm, Sace, as security for the construction of the dams.


Source: Daily Nation March 29, 2019 18:08 UTC



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