Kenya received Sh16.2 billion from Italian bank Intesa San Paolo for the construction of Arror and Kimwarer dams in a period when investigations into the misuse of funds in the project were ongoing.
The Treasury’s public debt registry shows that the Italian bank wired the billions in the year starting July 2019, just days after former Treasury Cabinet Secretary Henry Rotich was arrested on suspicion of financial misconduct related to the construction of the two dams.
