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MPs probe how firm used airport land to get Sh510m loan

Kenya Airports Authority managing director Jonny Anderson. FILE PHOTO | NMG

A parliamentary committee  has resolved to summon the Treasury secretary, the National Land Commission and a commercial bank to explain how an airport land title was used by a private firm to secure a loan of Sh510 million.

The Public Investment Committee (PIC) said Standard Chartered Bank #ticker:SCBK will be required to appear before it to provide the legal authority it used to extend the loan to Transglobal Cargo Centre Limited.

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