Business Daily | Edwin Mutai
Taxpayers lost Sh330.57 million ($3.8 million) to two foreign contractors hired to build five stadia for the aborted 2018 African Nations Championship (Chan).
M/s Auditel Engineering and Services, which has since gone bankrupt, and M/s Gregory International secured the payments upfront being 20 per cent of the contract sum.
Kenya may not recover the Sh330.57 million given that the contract for the design, supply, testing, commissioning and supervision of security, access control, communications, audiovisual and pitch lighting systems has lapsed…