By KITAVI MUTUAMore by this AuthorContractors affected by the ongoing investigations into tendering corruption in Kitui are facing rough times with banks, even as the county government called for calm. Most of the merchants have difficulties repaying bank loans taken to fund the Sh1.3 billion infrastructure contracts being investigated by Ethics and Anti-Corruption Commission. Detectives raided county offices last week and carted away heaps of documents in two pickup trucks. DEFAULT CASESCredit managers at Equity Bank and KCB said they had stopped financing LPOs from the county due to rising cases of default. Acting County Secretary Alex Kimanzi has, however, urged the affected contractors to remain calm.

Source: Daily Nation April 17, 2017 18:33 UTC