Sh12bn Swiss fine lands printer in fresh trouble

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Committee on Finance and National Planning Chairperson Kuria Kimani at the County Hall Nairobi on April 20, 2023. PHOTO | DENNIS ONSONGO | NMG

Parliament has summoned the Kenya Revenue Authority (KRA) over a tender for the supply of excise stamps following reports that a Swiss multinational security printer, Sicpa, has been slapped with a Sh12.5 billion fine for bribing foreign public officials in the conduct of business.

The National Assembly’s Finance and Planning committee will this week grill the KRA management over a new multi-billion shillings tender that Sicpa Security Solutions (SICPA) SA, is seeking to retain.

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