Itare Dam: Italian firm denies bankruptcy reports

A deserted construction site at Itare Dam in Kuresoi South, Nakuru County on October 9, 2018. FILE PHOTO | NATION MEDIA GROUP

An Italian firm contracted by the national government to construct the multibillion Itare Dam within Nakuru County has denied claims that it is broke.

In a statement to newsrooms, CMC di Ravenna said that neither itself nor its subsidiaries have been declared bankrupt or insolvent.

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