Parliament orders Bomas revalue assets after 22 years

kenya parliament, national assembly
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Business Daily | by Samuel Owino


Parliament has directed Bomas of Kenya to conduct a fresh valuation of its assets and submit a report within 60 days.

The Public Investments Committee (PIC) Wednesday heard that Bomas of Kenya has not conducted a revaluation of its assets for the last 22 years. The law stipulates every entity should revalue its property, plant and equipment after every five years…

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