MPs censure Treasury on Sh6bn Telkom deal

Treasury

The National Treasury building in Nairobi. 

Photo credit: File I Nation Media Group

Top Treasury officials who approved the withdrawal of Sh6.14 billion four days before last year’s general elections to buy out private equity firm Helios in Telkom Kenya risk repaying the money after Parliament refused to regularise the expenditure.

The National Assembly’s Finance committee wants the House to reject the approval sought in respect of the money that was spent without the approval of Parliament at the time.

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