How CBK broke law in Sh14bn currency tender

nancy

Nancy Gathungu, Auditor-General of the Republic of Kenya. 

Photo credit: File | Nation Media Group

The office of the Auditor-General has flagged irregularities in Central Bank of Kenya’s secretive award of a Sh14.5 billion tender for printing currency to a German firm.

Auditor-General Nancy Gathungu says the CBK management failed to appoint a special committee to guide the search for the currency printer of fresh bank notes that had been labelled classified or top secret.

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