Pulling apart: The Sh4.2 billion loan that triggered row at Nairobi Hospital - News Summed Up

Pulling apart: The Sh4.2 billion loan that triggered row at Nairobi Hospital


Nairobi Hospital’s Board of Management had one month earlier resolved to borrow the funds to finance its operations in 2024. The push-and-pull has seen confusion reign amid mixed communication passed both internally and externally, and often requiring Nairobi Hospital to issue statements of clarification. Sh970.4 millionThe planned Sh4.2 billion loan, KHA lawyers Ahmdenasir Abdullahi Advocates LLP argue in court filings, will likely bankrupt Nairobi Hospital. The KHA members accused the board of disregarding procurement procedures in the acquisition of a new ICT system leading to losses. The KHA members fired another salvo when they filed an application seeking to block Nairobi Hospital from borrowing Sh4.2 billion as the Board of Management was on its way out.


Source: Daily Nation October 07, 2024 02:47 UTC



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