KenGen ordered to pay GDC Sh3.9bn

Kenya Electricity Generating Company. FILE PHOTO | POOL

Kenya Electricity Generating Company (KenGen) has suffered a blow after the High Court ruled that money in its various bank accounts is available for seizure to satisfy a Sh3.9 billion debt owed to Geothermal Development Company (GDC).

Justice Alfred Mabeya directed all banks in the country maintaining any accounts on behalf of KenGen should satisfy a decree of $26,687,017.

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