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City Hall, KBC asked to refund Treasury Sh10bn
The Kenya Broadcasting Corporation offices in Nairobi. PHOTO | WILLIAM OWERI | NMG
Controller of Budget Agnes Odhiambo has asked the Treasury to recover Sh10.8 billion taxpayers have used to bail out City Hall, Kenya Broadcasting Corporation and Tarda after they defaulted on loans from international lenders.
The government has been repaying the loans borrowed from USAid and the Japanese Agency for International Development (Jica) for the past 26 years.
