Total Amount Of Money That Kenya Railways Has Been Slapped As A Penalty For Defaulting

Kenya Railways has been slapped with a Sh3.5 billion penalty for defaulting on loans borrowed for the construction of the Standard Gauge Railway.

It is emerging that Kenya Railways made no repayments to China Exim Bank during the year under review, resulting in the accumulation of Sh41 billion in outstanding loan repayments and penalties.

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-The STAR Kenya

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