How Kenya Pipeline bought spare parts at inflated price - News Summed Up

How Kenya Pipeline bought spare parts at inflated price


The Ethics and Anti-Corruption Commission is investigating a Sh404 million procurement at the Kenya Pipeline Company. Composite sleeves are used to restore corroded or damaged sections to a safe operating condition without shutting down the pipeline. KPC procured 620 composite sleeves of various sizes at inflated prices. The investigation involves KPC’s procurement of composite sleeves in 2013-14 for $4,046,744 (Sh404 million) from a local company, Thermodynamic General Supplies. The procurement was allegedly inflated, resulting in a loss of at least Sh230 million.


Source: The Star June 13, 2016 04:55 UTC



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