KPLC declared a special government project

Interior Cabinet Secretary Fred Matiang’i has today through a statement announced that the Kenya Power and Lighting Company has been declared a special government project. The CS has said the decision was made after meeting with board of directors and management earlier today.

A multi-agency team comprising the DCI, Financial Reporting Center, Assets Recovery Authority and other investigative agencies will be assembled to investigate alarming system losses, the team will also be expected to audit procurement practices, insider trading, conflict of interest and suspect transactions involving Kenya Power staff and others.

“Our bills are unsustainable as they are today. We cannot continue this way,” said CS Matiang’i.

“We are going to do a forensic audit of some of our systems and procedures. We are working jointly at an inter-ministerial level to reduce the system losses including the theft of power. We will address all challenges that result in passing unnecessary costs to consumers.” – Matiang’i

Kenya Power has also been ordered to immediately suspend ongoing and pending negotiations with independent power producers.