The Treasury risks paying Sh43.3 billion to a Dubai-based tycoon over an alleged TV channel and digital migration contract breach by the loss-making Kenya Broadcasting Corporation (KBC).
The claim by Ajay Sethi, the founder and chairman of Channel 2 group Corporation, is a quarter of the Sh174.57 billion that taxpayers could be called upon to settle in contract disputes, according to Treasury Cabinet Secretary Ukur Yatani.
