Auditor flags Sh170bn KQ, KPA, KenGen loans

treasury

Treasury building in Nairobi.

Photo credit: File | Nation Media Group

Taxpayers might be forced to repay Sh170 billion loans three State-owned enterprises took after the Treasury omitted them from a list of guaranteed debt yet retained in the debt-stock computation.

The auditor-general has flagged the omission of the guarantees to Kenya Airways (KQ), Kenya Ports Authority (KPA), and Kenya Electricity Generating Company (KenGen) in a National Treasury statement for financial year ended June last year.

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