By SAMWEL OWINOMore by this AuthorParliament has blocked the proposed takeover of Jomo Kenyatta International Airport (JKIA) by the loss-making Kenya Airways. The MPs said the takeover plan in which KQ would tentatively run JKIA for 30 years is suspect and a case of top forces conniving to rip off the taxpayers. The lawmakers added that Kenya risks losing billions of shillings in revenue should the deal be allowed to proceed. He directed Kenya Airports Authority (KAA) to furnish the Auditor-General with all the documents regarding the deal for a comprehensive audit. It 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 Sh2.1 billion.

Source: Daily Nation February 22, 2019 07:41 UTC