Shamba la Bibi: Mradi hewa wa Itare dam wawagharimu Wakenya KSh 4.3b

[kilam]

Advance pay for Itare dam set up Kenyans for losses

The site in Kuresoi South, Nakuru County, where Itare Dam was supposed to be built. The image was taken on September 17, 2019. PHOTO | FILE | NATION MEDIA GROUP ​

The government may have set up taxpayers for a Sh4.3 billion loss by offering what could be a non-refundable advance payment to an Italian firm that was on the brink of bankruptcy for the construction of the failed Itare Dam project which is currently under investigation.

The Sh4 billion non-refundable advance payment is just a pointer to the amount of skeletons in the closet of the dam scandal that are beginning to come out as a blame game between officials and the company at the centre of the scam kicks off in earnest.
This is as detectives widen their investigations to the United Kingdom, South Africa and Italy with a view to understand the complex transactions that led to a possible loss of Sh11 billion through what is turning out to have been a flawed contract.

Meanwhile, CMC Di Ravenna, the Italian company that was awarded the tender for the construction of the dam only to become bankrupt, wants to wind up its operations in Kenya.

LACK OF PERMITS
This could leave taxpayers in a precarious situation on the possibility of ever recovering the money that the government had already paid to the company for what turned out to be a ghost project.

“The company’s operations have been well-managed in respect to the Itare Dam project until September 2018 when the employer failed to service a request amounting to Sh335,176,493.65, leaving the company with no choice than to suspend operations at the site,” said CMC Di Ravenna in its notice to wind up Kenya operations.
From London, CMC Di Ravenna’s lawyers Amsterdam and Partners LLP told the Nation that part of the reason why the project died is that the Kenyan government entered into a contract with their client for the construction of the dam before getting the necessary environment permits.

This, they say, led to a delay of the project for over a year. “This took place after the contract had come into full force and effect in April 2016, while the contractor was already mobilised on site with staff, equipment and personnel, leaving them practically idle until April 2017 when commencement of works had been issued,” said the company’s lawyer, Mr Robert Amsterdam.

Source: Daily Nation

 

[eliakeem]

Poleni majirani.
N nothing will happen to that scum.