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How Ketraco lost Sh13 billion in flawed wayleave compensation scheme


Auditor-General Nancy Gathungu has cited massive irregularities in the payment of Sh12.99 billion for wayleave compensation by the Kenya Electricity Transmission Company (Ketraco) Limited in seven donor-funded projects.

A forensic audit before Parliament covering 13 financial years, from 2010/11 to 2022/23, indicated that the compensation project was budgeted at Sh17.02 billion, of which Sh4.03 billion remains outstanding to date.

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