Mystery over US disclosure of Sh139bn Kenya loan deal deepens
Tuesday April 06 2021
By OTIATO GUGUYU
Summary
Kallo Inc reckons in the new disclosures to the Securities Exchange Commission (SEC) that Kenya has frozen the contract for building mobile clinics and upgrading hospitals in the wake of the coronavirus crisis.
But Treasury termed the letter fake and a forgery of Mr Yatani’s signatures.
A US-listed firm at the centre of a disputed Sh139.5 billion (1.06 billion euros) loan deal with Kenya has made fresh disclosures to the American stocks regulator that the Treasury has dismissed as fake and containing forged signatures.