NYS paid Sh1.64bn to companies whose directors are unknown - News Summed Up

NYS paid Sh1.64bn to companies whose directors are unknown


By PATRICK LANG'ATMore by this AuthorThe controversy-ridden National Youth Service paid out Sh1.64 billion worth of contracts to 40 companies whose directors are unknown, documents presented to a parliamentary committee have shown. The Sh1.64 billion included Sh820 million paid to six of the 20 companies belonging to Josephine Kabura, who separately received Sh1.6 billion from the agency, but that were listed in the document as having no contact. NOT CLEARIt is, however, not clear how the 40 companies came to be in the system without contacts or lists of directors. Of this, the company received Sh26 million for consultancy services in rebranding, Sh61 million as “mobilisation fees”, and a further Sh69 million for “rebranding NYS media”. Brand Associate and Brand Associates were listed as having the same Ifmis and bank account numbers.


Source: Daily Nation November 24, 2016 22:03 UTC



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