Taxpayers lose Sh426m in MPs’ offices cost inflation

The 26-floor MPs office floor in Nairobi. PHOTO | EVANS HABIL | NMG

Taxpayers lost Sh426.4 million to a Chinese contractor hired to build new offices for MPs after payment was made above the agreed dollar exchange rate.

The latest report by Auditor- General shows that Parliament paid the money to China Jiangxi International Kenya which built the 26 storey office block.

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Note: The results are not exact but very close to the actual.