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Originally published by Nation Business
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business
May 7, 2026
13h ago

How Treasury diverted Sh7bn to French firms

How Treasury diverted Sh7bn to French firms

Government irregularly diverted billions from fuel levy kitty to compensate French firms...

✨ Key Highlights

Kenya's National Treasury is under scrutiny for allegedly diverting Sh7.3 billion from the fuel levy to illegally compensate a consortium of French firms for a terminated road construction contract.

  • The funds were withdrawn from the Road Maintenance Levy Fund (RMLF), intended for pending bills, not contract termination compensation.
  • The payment was made to a French consortium that was awarded the contract for the Nairobi-Nakuru-Mau Summit Road under the previous administration.
  • The Auditor-General's report questions the value for money as the contract was cancelled by the current administration before work began, with the project subsequently awarded to Chinese contractors.

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