Former Kenya Pipeline Company (KPC) managing director Shem Ochuodho and two former senior managers of the State corporation have suffered a major legal setback after the Court of Appeal dismissed a suit they had filed blocking their prosecution over their involvement in an Sh827 million fraud.
The trio had been accused of conspiring to defraud KPC the colossal amount through a bogus refinancing deal signed with Triple A Capital nearly 15 years ago.
