By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Newsunplug KenyaNewsunplug KenyaNewsunplug Kenya
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Reading: Former CS Ukur Yatani, Joseph Kinyua Summoned In Ksh.6B Telkom Saga
Share
Notification Show More
Font ResizerAa
Newsunplug KenyaNewsunplug Kenya
Font ResizerAa
  • News
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Newsunplug Kenya > Blog > News > Former CS Ukur Yatani, Joseph Kinyua Summoned In Ksh.6B Telkom Saga
News

Former CS Ukur Yatani, Joseph Kinyua Summoned In Ksh.6B Telkom Saga

hallanaija
Last updated: March 16, 2023 7:46 pm
hallanaija
2 years ago
Share
SHARE

As the probe into the irregular payment of Ksh.6 billion in the Telkom Kenya buyout saga intensifies, the joint committee on Finance and Communication has gone back to the drawing board in an attempt to unravel the scandal.

The committee has now summoned former Treasury Cabinet Secretary Ukur Yatani to appear before it to explain why he authorised the payments and whether the payments were sanctioned by a Cabinet meeting.

The committee has also summoned former Secretary to the Cabinet and Head of Public Service Joseph Kinyua as well as former Treasury Principal Secretary Julius Muia.

Telkom Kenya Board Chair Eddy Njoroge has also been summoned by the lawmakers to explain the dealings between Telkom, Helios Ltd and Jamhuri Holdings and why the government is still a minority shareholder in Telkom with 37.9 per cent shares despite the Ksh.6 billion payout.

A heated exchange ensued during the Thursday session with a section of committee members demanding that former ICT Cabinet Secretary Joe Mucheru be summoned.

The committee has also dispatched letters to Jamhuri Holdings for any of its directors to appear before it. However, Helios Investment Limited has its directors in Mauritius Island, Cayman Island and the United Kingdom.

READ MORE  Armed gang patrols Kapsabet to avert protests against Governor Sang

Other persons of interest include Bernard Ndungu, who is the Director General Accounting Services & Quality Assurance, well as Stanley Kamau, the Director General Public Investments & Porftolio Management.

All the summons take effect immediately, with the persons of interest required to appear before the committee starting Tuesday next week.

Kenya Kwanza to spend Sh7 trillion on debt payments in next five years
Juja MP Koimburi claims that MPs were offered Ksh.2 million to vote for the finance bill.
Zelensky hails Kursk success as Russia rules out talks
Chaos As Sakaja Allied UDA Delegates Demand For Rescheduling Of Party Elections
Russian Court Bans ‘LGBT movement’ As ‘extremist’
Share This Article
Facebook Email Print
Previous Article Ruiru: Police Launch Probe After Matatu Tout Dies Following Disagreement With Driver
Next Article Cheaper Maize To Arrive In Kenya By April- CS Linturi
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about us

We influence 20 million users and is the number one business and technology news network on the planet.

Recent Posts

  • Galatasaray to make two big signings after deals for Sane, Osimhen
  • 14 years on death row: How victim’s children bought Stephen Munyakho more time
  • New anti-corruption law gives EACC more teeth to tame public officers
  • Principal registrar to testify in Ksh.100M land row involving JSC driver
  • Teacher, 33, accused of gr0oming and r@ping a 16-year-old girl

Recent Comments

No comments to show.
Newsunplug KenyaNewsunplug Kenya
© Newsunplug Kenya. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?