Ouko casts doubt on airport takeover bid - News Summed Up

Ouko casts doubt on airport takeover bid


Public Investments Committee has recommended to the House that the takeover bid be stopped until the auditor presents his findings. Mr Ouko notes that there is no evidence that the management and board of Kenya Airports Authority. By DAVID MWEREMore by this AuthorAuditor-General Edward Ouko has cast doubts on the proposed takeover of Jomo Kenyatta International Airport by the struggling national carrier, Kenya Airways (KQ), saying the plan is shrouded in secrecy. In a report tabled in the National Assembly on Thursday by Majority Whip Bernard Washiali, Mr Ouko says his office was not furnished with crucial documentation on the proposed takeover — Privately Initiated Investment Proposal (PIIP). “We have not been presented with a feasibility study which could have informed the joint Cabinet memo meeting,” says Mr Ouko.


Source: Daily Nation March 21, 2019 21:22 UTC



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