By WALTER MENYAMore by this AuthorDetectives are investigating how an insurance company associated with Deputy President William Ruto was brought on board by Kenya Pipeline Company (KPC) midway through an ongoing multi-million-shilling contract. AIG Kenya Insurance Company Ltd holds the Public Liability Policy. How the troubled Amaco, which has been facing threats from auctioneers, managed to get the lucrative insurance contract is now the subject of investigation by the Directorate of Criminal Investigation (DCI) that suspects fraud. CONTRACT AUDITThe contract period runs from June 1, 2016 to June 30, 2019. Amid investigations into the insurance tender, KPC’s report on the current state of insurance cover has revealed that as at January 28, insurance cover for Line V, Kisumu oil jetty and tanks (PS10) has been on good faith since July 1, 2018, with the situation expected to remain the same until June 30 when the current insurance cover contract runs out.

Source: Daily Nation February 17, 2019 06:00 UTC