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How Kenya Power cooked books ahead of 2017 poll pressure

From left: Energy CS Charles Keter, Energy Principal Secretary Joseph Njoroge and Energy Regulatory Commission (ERC) Director General Pavel Oimeke.
File Photo | NMG

By  Victor Juma

Business Editor

Nation Media Group

Electricity distributor Kenya Power #ticker:KPLC cooked its books to the tune of billions of shillings in two years after it was roped into a political scheme to keep the electorate happy in the run-up to last year’s General Election.

Auditor-General Edward Ouko has, in his latest report, laid bare the full extent of the financial misrepresentation, whose aim was to keep electricity prices artificially low and help the Jubilee government get re-elected.

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Note: The results are not exact but very close to the actual.

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