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Resolved1 update Updated May 4

Is KAA management planning to loot Sh433 million?

The Kenya Airports Authority has been in the limelight for all the wrong reasons. There’s been massive theft of public funds from the parastatal. An Auditor General report says the Authority didn’t list, among its assets, the trees planted at Eldoret International Airport valued at Sh433 million in its 2022 report.

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Is KAA management planning to loot Sh433 million?

Troubled KAA MD Alex Gitari
Troubled KAA MD Alex Gitari

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Troubled KAA MD Alex Gitari

Alex Gitari

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The Kenya Airports Authority has been in the limelight for all the wrong reasons. There’s been massive theft of public funds from the parastatal. An Auditor General report says the Authority didn’t list, among its assets, the trees planted at Eldoret International Airport valued at Sh433 million in its 2022 report. “The authority had biological assets in the form of trees planted at Eldoret International Airport valued at Shs443 million as of June 2021,” the report stated. Troubled KAA MD Alex Gitari According to reports, the eucalyptus trees were to be auctioned last year but the plans were called off, sparking a court case after a group of timber merchants accused the KAA of introducing oppressive terms after cancelling the initial bids....

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