Posts Tagged ‘KBC’

KBC MD Suspended due to sh75million Fifa deal loss

June 23rd, 2010

How Government lost the sh75million Fifa Worldcup deal

BY JAMES RATEMO IN NAIROBI

The Government has lost opportunity to recover sh75 million it spent to buy into broadcasting rights of the ongoing Fifa 2010 World cup due to alleged impropriety by the Kenya Broadcasting Corporation officials.

The deal has already seen KBC MD David Waweru and Company Secretary, Hezekiel Oira suspended with the Inspectorate of State Corporations called in to investigate.

Mr. Waithaka Waihenya, KBC’s Editor-In-Chief, has taken over as acting Managing Director. » Read more: KBC MD Suspended due to sh75million Fifa deal loss