Swedish firm Crane AB has moved to the High Court seeking to be awarded the Sh10 billion-a-year currency printing tender, claiming the findings of the Public Procurement Administrative Review Board (PPARB) left it as the successful bidder.
PPARB on January 8 terminated the Central Bank Kenya’s currency printing tender award to De La Rue, noting that it breached the law by giving it a 15 per cent margin preference for having local shareholding. De La Rue and CBK had also separately appealed the decision.
