CBK appeals revocation of De La Rue money tender

Activist Okiya Omtatah. FILE PHOTO | NMG

What you need to know:

  • CBK on Tuesday filed a notice of appeal as it seeks to reverse the decision of High Court Judge George Odunga who ruled that De La Rue did not qualify for a 15 per cent preferential treatment.

The Central Bank of Kenya (CBK) has appealed a High Court ruling that quashed the award of a Sh10 billion-a-year tender to print Kenya’s new-look currency to De La Rue International.

CBK on Tuesday filed a notice of appeal as it seeks to reverse the decision of High Court Judge George Odunga who ruled that De La Rue did not qualify for a 15 per cent preferential treatment.

Justice Odunga threw the ball back to the government’s fiscal agent when he delivered judgment in a case filed by activist Okiya Omtatah.

The Judge directed the CBK to re-evaluate the bids.

“Take notice that Central Bank of Kenya… being dissatisfied with part of the judgment of Justice Odunga... intends to appeal,” reads a notice of appeal filed by CBK.

Mr Omtatah had moved to court against the award of the multi-billion shilling contract arguing that De La Rue did not qualify for the 15 per cent margin of preference because it is not a preferred supplier under Kenyan law.

Justice Odunga delivered his judgment on Mr Omtatah’s petition a few hours after he made a separate decision on the same matter in favour of De La Rue.

The earlier decision had quashed the procurement watchdog’s decision to allow an appeal that a losing bidder had filed against the award of the contract to De La Rue.

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