Taxpayers face Sh500bn loss in case against Canadian firm

A worker in a Migori mine. file photo | nmg

The government risks losing up to Sh500 billion in an international arbitration case against mining firm, Cortec, after it failed to provide Sh100 million in the second mini-budget to pay a UK-based law firm representing it in the case.

John Omenge, Mining principal secretary, told MPs that unless the amount is allocated, the country will be in big trouble because the external legal counsel will not go to court to defend the government.

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