advertisement

Economy

KPC boss goes on leave as sleuths are called in

Kenya Pipeline Company (KPC) managing director
Kenya Pipeline Company (KPC) managing director Joe Sang. FILE PHOTO | NMG  

Kenya Pipeline Company (KPC) managing director Joe Sang will proceed on leave next week ahead of the end of his three-year contract in April, board chairman John Ngumi has said.

Mr Sang decided not to renew his contract before a board meeting that on Tuesday sanctioned a forensic audit into the alleged loss of two million litres of fuel worth Sh2 billion in the last two years.

The Directorate of Criminal Investigations (DCI) and the Ethics and Anti-Corruption Commission (EACC) have been invited to investigate alleged graft at KPC.

“The MD has asked to go on leave from next week and I have just received his request. He’s got other proposals in there but they will be discussed with the board before we can let you have them,” Mr Ngumi said on phone. “The board will deliberate on these issues early next week and make a decision on who will be acting MD.”

Petroleum secretary John Munyes had, however, told a press conference in Nairobi an hour earlier that the board asked Mr Sang to go on leave until January.

Mr Munyes has directed that investigations be expedited and completed “in a couple of weeks” to inform action on all those who will be implicated.

“We must continue reviewing management structures and tighten audit in this company to ensure Kenyans don’t lose their money,” he said.

advertisement