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US fraudster, Kibaki ally get nod for Sh106bn State deal
Stanley Murage owns a 64.5 percent stake in Rasli Bahari, with Verley Lee Sembritzky taking 32.2 percent ownership. The firm has received initial approval from the Treasury for a Sh106 billion water contract in Lamu under an Adani-type deal.
A company associated with a former aide to President Mwai Kibaki and an American investor charged with defrauding US citizens of Sh1 billion in a fake Kenyan project has received initial approval from the Treasury for another Sh106 billion water contract in Lamu under an Adani-type deal.
The Treasury’s Directorate of Public-Private Partnerships (PPP) has offered Rasli Bahari the nod to proceed with contract negotiations for the water desalination plant in the coastal town.
