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Originally published by Capital Business
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business
May 8, 2026
3h ago

Treasury defends Meru fund stoppage amid rising Sh600mn legal compensation bill

Treasury defends Meru fund stoppage amid rising Sh600mn legal compensation bill

NAIROBI, Kenya, May 8 - The National Treasury has defended its decision to suspend transfers to the County Government of Meru over a growing compensation Kenya breaking news | Kenya news today |..

✨ Key Highlights

The National Treasury has halted transfers to Meru County due to a substantial legal compensation bill nearing Sh600 million, owed to a French investor.

  • The outstanding debt, including accrued interest, has ballooned to approximately Sh600 million.
  • Treasury Cabinet Secretary John Mbadi is defending the decision to prevent further financial losses on the award.
  • The dispute involves French investor Michel Dechauffour, who was awarded compensation after being evicted from a tourism facility in Meru National Park in 2018.

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