Parliament is investigating the link between a bank associated with President Uhuru Kenyatta’s family and the takeover of JKIA management by loss-making Kenya Airways. The airline owes CBA Group Sh3.1 billion, NIC Sh2.1 billion, Equity Bank Sh5.2 billion, National Bank Sh3.5 billion, Co-operative Bank (Sh3.3 billion, DTB Sh2.1 billion and KCB Group Sh2.1 billion. The takeover bid has sparked an outrage, with criticism of unidentified 'powerful forces' out to surrender the national airport to a private firm. They also raised concerns of staff intimidation in the wake of the silence of Kenya Airport Workers Union, which has shelved protests against the deal. Also Read: No one will lose job in KQ takeover at JKIA - MachariaClick here for the latest political news
Source: The Star February 20, 2019 03:06 UTC