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De La Rue wins battle for currency printing deal
De La Rue has been contracted to print Kenya’s currency since Independence, but was only registered in Kenya as a company in February 1992. PHOTO | FILE
British company De La Rue has won a protracted court battle for a lucrative tender to print currency for the Kenyan government. The High Court last week gave the Central Bank of Kenya (CBK) the green light to enter into a contract with De La Rue, throwing out a petition that was seeking to quash a deal the two parties signed in 2006.
Lady Justice Mumbi Ngugi dismissed a petition filed by human rights group Kituo cha Sheria in 2011, which sought to restrain the government from completing the deal arguing that it had not been put to public participation.
