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Kenya Pipeline Scandal
murchr
#1 Posted : Thursday, May 24, 2018 10:16:11 PM
Rank: Elder


Joined: 2/26/2012
Posts: 13,744
Now that we are to export oil beginning June, Kenyans have now discovered a new avenue to eat.



The Ethics and Anti-Corruption Commission (EACC) descended on finance manager Samuel Odoyo’s residence in Syokimau, recovering documents linked to the purchase of 60 hydrant pit valves (HPVs).

The investigators also raided a home of former KPC managing director Charles Tanui and the property of all former executives at the state agency and businessmen linked to the Sh550 million deal.

The EACC is probing claims that the contract was inflated and possibility of collusion between the KPC and the briefcase firm offered the multi-million shilling tender inked in 2015 and whose tendering started in 2014.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Impunity
#2 Posted : Thursday, May 24, 2018 11:30:54 PM
Rank: Elder


Joined: 3/2/2009
Posts: 25,833
Location: Masada
Shithole country
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Angelica _ann
#3 Posted : Friday, May 25, 2018 5:32:29 AM
Rank: Elder


Joined: 12/7/2012
Posts: 9,831
murchr wrote:
Now that we are to export oil beginning June, Kenyans have now discovered a new avenue to eat.



The Ethics and Anti-Corruption Commission (EACC) descended on finance manager Samuel Odoyo’s residence in Syokimau, recovering documents linked to the purchase of 60 hydrant pit valves (HPVs).

The investigators also raided a home of former KPC managing director Charles Tanui and the property of all former executives at the state agency and businessmen linked to the Sh550 million deal.

The EACC is probing claims that the contract was inflated and possibility of collusion between the KPC and the briefcase firm offered the multi-million shilling tender inked in 2015 and whose tendering started in 2014.


No names being mentioned, investigations going nowhere. You know MD & my fren (Zuma meme)!!!

Tano tena mpaka 2032 smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
murchr
#4 Posted : Friday, May 25, 2018 3:50:26 PM
Rank: Elder


Joined: 2/26/2012
Posts: 13,744
Angelica _ann wrote:
murchr wrote:
Now that we are to export oil beginning June, Kenyans have now discovered a new avenue to eat.



The Ethics and Anti-Corruption Commission (EACC) descended on finance manager Samuel Odoyo’s residence in Syokimau, recovering documents linked to the purchase of 60 hydrant pit valves (HPVs).

The investigators also raided a home of former KPC managing director Charles Tanui and the property of all former executives at the state agency and businessmen linked to the Sh550 million deal.

The EACC is probing claims that the contract was inflated and possibility of collusion between the KPC and the briefcase firm offered the multi-million shilling tender inked in 2015 and whose tendering started in 2014.


No names being mentioned, investigations going nowhere. You know MD & my fren (Zuma meme)!!!

Tano tena mpaka 2032 smile


I have faith in the new DPP. KPLC will be the mother of them all, then KenRe
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Swenani
#5 Posted : Friday, May 25, 2018 4:01:14 PM
Rank: User


Joined: 8/15/2013
Posts: 12,795
Location: Vacuum
murchr wrote:
Angelica _ann wrote:
murchr wrote:
Now that we are to export oil beginning June, Kenyans have now discovered a new avenue to eat.



The Ethics and Anti-Corruption Commission (EACC) descended on finance manager Samuel Odoyo’s residence in Syokimau, recovering documents linked to the purchase of 60 hydrant pit valves (HPVs).

The investigators also raided a home of former KPC managing director Charles Tanui and the property of all former executives at the state agency and businessmen linked to the Sh550 million deal.

The EACC is probing claims that the contract was inflated and possibility of collusion between the KPC and the briefcase firm offered the multi-million shilling tender inked in 2015 and whose tendering started in 2014.


No names being mentioned, investigations going nowhere. You know MD & my fren (Zuma meme)!!!

Tano tena mpaka 2032 smile


I have faith in the new DPP. KPLC will be the mother of them all, then KenRe


Me too. But I'm not holding my breath
Poverty is the root of all evil
heri
#6 Posted : Friday, May 25, 2018 4:39:35 PM
Rank: Member


Joined: 9/14/2011
Posts: 648
Location: nairobi
murchr wrote:
Angelica _ann wrote:
murchr wrote:
Now that we are to export oil beginning June, Kenyans have now discovered a new avenue to eat.



The Ethics and Anti-Corruption Commission (EACC) descended on finance manager Samuel Odoyo’s residence in Syokimau, recovering documents linked to the purchase of 60 hydrant pit valves (HPVs).

The investigators also raided a home of former KPC managing director Charles Tanui and the property of all former executives at the state agency and businessmen linked to the Sh550 million deal.

The EACC is probing claims that the contract was inflated and possibility of collusion between the KPC and the briefcase firm offered the multi-million shilling tender inked in 2015 and whose tendering started in 2014.


No names being mentioned, investigations going nowhere. You know MD & my fren (Zuma meme)!!!

Tano tena mpaka 2032 smile


I have faith in the new DPP. KPLC will be the mother of them all, then KenRe


I personally do not think that the new DPP will make any difference. He can only make the difference that he is is 'allowed' to make. For him to make a difference he would need to strike at the big shots

For me what will make a big difference atleast as a catalyst for change is the day Kenyans will elect a president with the moral authority and courage to fight corruption

For me the buck stops with the voters
murchr
#7 Posted : Tuesday, June 19, 2018 4:57:27 PM
Rank: Elder


Joined: 2/26/2012
Posts: 13,744
the Star wrote:

EACC chief Executive Officer Halakhe Waqo has reported evidence that Kenya Pipeline Company defrauded the public in the purchase of aircraft fueling equipment.

Waqo on Tuesday gave a report to the National Assembly Departmental Committee on Energy, amid investigations into KPC's procurement of Hydrant Pit Valves (HPVs), the equipment used for refuelling aircrafts.

The company resolved on December 9 2014 to acquire the hydrants directly from the manufacturer, Cla-Val Company.

It allegedly procured the equipment at Sh660 million yet their estimated value was Sh59 million. The payment was about 1,010 percent over market value.

The CEO said he will recommend criminal charges against culprits and the recovery of about Sh200 million.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
murchr
#8 Posted : Tuesday, September 18, 2018 5:46:07 PM
Rank: Elder


Joined: 2/26/2012
Posts: 13,744
the Star wrote:
Kenya Pipeline Company has recalled 14 trucks that were mistakenly loaded with water instead of petrol at its plant in Kisumu.

Depot manager Herman Munga said all the trucks loaded since Tuesday morning were recalled and have responded positively.

Munga said they have opened investigations to establish what went wrong.

"We have no reports of any truck that offloaded as they have all reported back," he told the Star on phone.

The manager said the matter was taken seriously to protect members of the public. He said other products were not affected.

Abiud Jafar, a driver, said he noticed the mistake following a leak from one of his truck's compartments.

He immediately notified the depot managers who recalled all the tankers that had been loaded.

Other drivers had traveled more than 50km before they were alerted to verify the contents of their trucks.


Mmmh...of importance is life
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
hardwood
#9 Posted : Tuesday, September 18, 2018 5:56:07 PM
Rank: Elder


Joined: 7/28/2015
Posts: 8,059
murchr wrote:
the Star wrote:
Kenya Pipeline Company has recalled 14 trucks that were mistakenly loaded with water instead of petrol at its plant in Kisumu.

Depot manager Herman Munga said all the trucks loaded since Tuesday morning were recalled and have responded positively.

Munga said they have opened investigations to establish what went wrong.

"We have no reports of any truck that offloaded as they have all reported back," he told the Star on phone.

The manager said the matter was taken seriously to protect members of the public. He said other products were not affected.

Abiud Jafar, a driver, said he noticed the mistake following a leak from one of his truck's compartments.

He immediately notified the depot managers who recalled all the tankers that had been loaded.

Other drivers had traveled more than 50km before they were alerted to verify the contents of their trucks.


Mmmh...of importance is life


Bora uhai...
murchr
#10 Posted : Tuesday, December 04, 2018 9:53:06 PM
Rank: Elder


Joined: 2/26/2012
Posts: 13,744
MD out

"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
murchr
#11 Posted : Friday, January 11, 2019 12:38:27 AM
Rank: Elder


Joined: 2/26/2012
Posts: 13,744
The known thieves in Kenya never go away

Business Daily wrote:
An investigator Thursday told the court how he traced millions of shillings irregularly withdrawn from Kenya Pipeline Company (KPC) and wired to bank accounts of former President Moi’s aide Joshua Kulei.

Testifying before Senior Principal Magistrate Felix Kombo, David Kang’ara said a trail of KPC banking at Commercial Bank of Africa linked payments to firms linked to Mr Kulei.

Mr Kulei’s firm was paid Sh17.9 million for services not rendered and on claims that it offered engineering to an LPG company called East Africa Gas Company Limited (EAGCL) which was owned 45 per cent by KPC.

Under a joint venture in an LPG plant, KPC was to provide cash while EAGCL was required to provide land and equipment worth Sh92.5 million.

The land offered for the joint venture belongs to the government; 12 plots were irregularly excised from Kenya Airports Authority (KAA) property and transferred to EAGCL.

KPC spent Sh65 million on consultancies and feasibility studies on the non-existent project from 1995 to 1997. According to the prosecution, Mr Kulei obtained Sh12 million from Gasthe LPG company on May 19, 1999 through another of his firms, Ashar Ltd, and a further Sh5.9 million later by falsely pretending that his firm Sian Ltd had paid land rent, rates and the assessment fee during the Moi era.

The companies were allegedly paid irregularly without providing any goods or services to EAGCL, Mr Kang’ara told the court.

Mr Kulei, Ashar Limited, Sian Enterprises and Agrid Limited, former KPC managing director Ezekiel Komen and Prakash Bhundia are accused of conspiracy to defraud a state corporation of Sh65.2 million in 1999.

The accused have also denied abuse of office charges arising from the transfer of the 12 plots.

Mr Komen is also accused of breach of trust by authorising the payment of the money.

He is said to have been a signatory on behalf of the KPC.

The Director of Public Prosecutions declined to have the case settle out of court.


"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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