The Treasury has disowned a deal that saw Standard Chartered Bank in Frankfurt, Germany, reject Sh785 million wired into a Central Bank of Kenya (CBK) account by Lake Turkana Wind Power (LTWP) as refund for excess pay from Kenya Power.
Treasury Principal Secretary Julius Muia told Parliament on Wednesday that he was not aware of the overpayment to Kenya Power and the decision to refund the money through a CBK account in Frankfurt.
