Ten years on: Where is the report on privatisation of Kenya Railways?
Posted: 25 Dec 2019, 06:48
Ten years later: Where is the report on privatisation of Kenya Railways?
A parliamentary report, whose implementation could have led to high-profile prosecutions of the architects of the flopped Kenya Railways privatisation deal, is gathering dust, the Star can reveal.
The Public Investments Committee of the National Assembly had ten years ago recommended that swift action be taken against top government officials and deal-makers behind the privatization of the Kenya Railway.
In 2006, Rift valley Railways, whose lead investor is Sheltam, won a 25-year deal to modernize and run the Mombasa-Uganda meter gauge railway but the deal was called in 2017 after a court order.
It is exactly 10 years since the PIC exposed the negligence that led to the collapse of the first concession yet none of those accused of having led the government into this deal have been held to account...