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Fountain Enterprise pursues 6 officials for stolen millions

Fountain Enterprises Programme (FEP) Holdings CEO Maurice Korir. PHOTO | FILE

Fountain Enterprise Programme (FEP) Group has hired an asset recovery agent to pursue six former senior managers and confiscate Sh67 million allegedly stolen from the organisation.

A forensic audit on the investment group’s operations by KPMG revealed that half a dozen top executives were discreetly siphoning cash meant for projects and investments.

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