A Senate committee has ordered the Uasin Gishu government to stop the planned purchase of the Sh570 million National Bank of Kenya building in Eldoret town. The county had earmarked the NBK building for purchase to provide office spaces for executive staff. The committee established that out of the total purchase price of Sh570 million, the county will spend another Sh100 million as a cost of reconfiguring the building. The sale agreement provides that the Sh570 million was to be paid in two instalments of Sh300 million and Sh270 million, respectively. The NBK building has an office space of about 4,560 sq.

Source: The Star March 02, 2021 15:55 UTC