Newsroom
Reporting, filings and findings
Investigations from the COFEK Watch desk, official statements from the Secretariat, and the research that underpins our submissions.
Newsroom, page 2
7–12 of 406
Judge rejects State firm's bid to block the case, ruling that public ownership gives no shield from insolvency law
The tribunal found Ketraco in breach. In 2019, it awarded the contractor €37.37 million (about Sh5.4 billion), plus interest. It also awarded Sh102 million in legal fees, Sh83.5 million in arbitral costs and Sh2 million in administrative expenses.
39 Days of Silence: Why COFEK Wants the Ombudsman to Force EACC's Hand on the Mary Wambui Tender Probe
The anti-graft agency was named by the High Court as the proper body to investigate alleged conflict of interest in the Sh15 billion Digital Super Highway tenders. Five weeks on, it has not even acknowledged the complaint.
Why Yusuf Omari - run ABSA Kenya Bank Remains Under Siege Over Leaked Client Data
An Absa credit manager has told the Mombasa High Court he received M-Pesa payments from a borrower's director, but denied any bribe or leak. He also said an internal investigation found no wrongdoing by him or other employees.
SICPA's Turkish Setback Raises Hard Questions for African Governments That Buy Its Systems
A Turkish ruling reopens a €100 million dispute. A Swiss corruption sanction is already final. Governments and consumers that rely on SICPA's tax-stamp and traceability systems should take note.
State's Sh45.4 billion lifeline: Kenya Airways gets rescued again
The money will be released in tranches under Treasury supervision. It will be repaid over 10 years or converted into equity. It will pay for aircraft maintenance and return grounded planes to service. It will also cover urgent obligations.
How a UK "car exporter" took a Kenyan consumer's Sh2.3 million and left a dream car undelivered
The model is not new. Fraudulent "exporters" advertise attractive cars online, use professional-looking invoices and websites, and ask for payment into foreign accounts that are difficult to trace.
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