The Auditor General has unearthed irregular payments, inflated costs and unexplained expenses at Kenya Power amounting to Sh49.2 billion.
The questionable dealings include inflated cost of procuring low-sulphur diesel and power from Independent Power Producers (IPPs) compared to KenGen, and unexplained loans and grants from the World Bank.
Others are the undervaluation of land and irregular payment to 39 staff who have worked in acting capacities in various positions for over four years.
The audit report for 2023-2024 reveals that the company bought low-sulphur diesel for off-grid stations at a contracted price of Sh3.9 billion for 31,020,000 litres annually, totaling 62,040,000 litres for two years. "The bidders quoted prices higher than budgeted estimates, with most quoting Sh14,379,262,976 or 205 per cent above the budget for two years," says Auditor General Nancy Gathungu.
