Leaders and Companies Mentioned in the 90 Billion Dam Scandal

By Soko Directory Team / Published February 27, 2019 | 10:25 am

The latest scandal in the country is bound to shake the Countries economy, something that was last experienced in the Goldenberg scandal. The 90 Billion shilling dams only exist on paper!

Like has been the norm in all scandals in Kenya, which have become too many in the current Government for me to note down in this article, names of leaders are floated around and Companies involved though little is done.

They could be names of people who have stolen the taxpayer’s money to bloat their wealth or uncouth companies, mostly registered and started with the sole purpose of receiving the stolen money, that have no sense of responsibility. Leaders and Companies have been implicated in the 90 Billion Dam Scandal that entails the construction of three hydropower dams in Rift Valley namely Itare dam in Nakuru, Kimwarer in Elgeyo Marakwet. Below are the dams turned into cash cows;

Itare dam

Itare dam was set to be constructed in Nakuru County and was set to cost the Country 40 billion shillings. The construction of Itare dam was handed over to an Italian contractor who pulled out in unclear circumstances.

Kimwarer Dam

Kimwarer dam was set for construction in Elgeyo Marakwet County and was set to cost the taxpayer 28 billion shillings

Arror Dam

Arror dam was to be constructed in Elgeyo Marakwet at the cost of 38.5 billion shillings. Arror and Kimwarer dam were being implemented through the Kerio Valley Development Authority (KVDA).

The survey and design work of the three dams has been suspended over massive corruption dealings with the DCI piecing together evidence to prove the alleged tender bribery.

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Leaders Mentioned in the Scandal

Henry Rotich – Treasury Cabinet Secretary
Simon Chelugui-Water Cabinet Secretary
Fred Segor- Former Water Principal Secretary
Kennedy Nyaucho Osinde- Deputy President William Ruto’s Chief of Staff (Sanlam Director)
Mugo Kibati-Telkom Kenya CEO, who served as Sanlam CEO
Simeon Nyachae-Kentainers Kenya
Ramesh Vora
Muhammad Swazuri-Former National Land Commission chairman
Manson Nyamweya- Director of Kema East Africa
Titus Naikuni- director of Heritage Insurance

READ Going Down The Memory Lane: The History of Maize Scandals in Kenya

Companies Mentioned in the Scandal

Kentainers Kenya Limited
Sanlam Ltd Insurance firm
Kema East Africa
Heritage Insurance
Silent Night Limited
Red Court Hotel
Azimath Company
Infinity Furniture Limited
Charleston Travel Limited
Oshwal Wholesalers
Mutual Registrars Limited
Achelis Material Handling Limited
Express Travel Group Limited
Adrian Kenya Limited

The ANC leader Musalia Mudavadi on Saturday called upon President Uhuru Kenyatta to sack CSs implicated in the dam scandal to allow investigations.

“Money has already been lost through graft and President Uhuru Kenyatta should not keep quiet on such issues while those involved are still in office,” Mudavadi said.

About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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