Bosses face penalties for slowing sale of State firms

JosephKipketerKoskey

Joseph Koskey is the Chief Executive Officer of the Privatisation Commission. FILE PHOTO | NMG

Bosses leading State firms earmarked for privatisation risk unspecified penalties for frustrating the transfer of such entities to private hands by hiding key information.

The Privatisation Commission, which targets to privatise 12 government firms by 2026, now says that it will be seeking a law change to compel State entities to provide crucial information to unlock the process.

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