DCI seeks procurement documents as probe into KQ’s Sh100bn loss intensifies

KQ BOEING 777 FLYING - DCI seeks procurement documents as probe into KQ’s Sh100bn loss intensifies
This move is part of the unit’s investigations which are trying to determine whether the airline’s staff conspired to bring down the cash-strapped airline/FILE

NAIROBI, Kenya, Sept 3 – The Director of Criminal Investigations (DCI) is investigating the procurement of services for the maintenance, repair and overhaul of aircraft engines by Kenya Airways.

This move is part of the unit’s investigations which are trying to determine whether the airline’s staff conspired to bring down the cash-strapped airline.

In a statement, Abdallah Komesha, the Officer in Charge of the Banking Froud Investigation Unit says the national carrier to supply certified copies of several documents, among them the company’s procurement plan for the 2017/2018 and 2018/2019 financial years.

Kenya Airways is also expected to submit copies of the budget plan for the two consecutive financial years.

Others include tender approval minutes, letters of contract awards and contract documents among others.

Earlier this week, DCI Boss George Kinoti told media outlets that the unit is working to establish how national carrier lost Sh100 billion between 2003 and 2014.

The investigations come a week after the airline announced an increase in losses which more than doubled to Sh8.56 billion in the six months to June 2019.

The airline attributed to increased operating costs in the wake of its expansion into new routes and the return of two Boeing 787 planes that were being temporarily operated by Oman Air.

Author: worldwidenewscast

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