Kenya Power employees found to have been involved in fraudulent activities that amount to a conflict of interest and loss to the company stand to lose their money and assets, the board has decided.
In the resolution, the Board voted to undertake a review of all forensic and other audit reports with a view to undertaking all necessary legal action including recovery of the losses against the assets of the persons found culpable for fraudulent trading with the Company including the past senior executives and other senior persons who have served in management of the Company.
The agreement was reached upon in an Annual General Meeting held on Friday, December 3, 2021.
During the meeting, Vivienne Yeda, Caroline Kittony-Waiyaki, and Eng. Elizabeth Rogo were re-elceted to the Board.
Yida Charles David Kemoli was elected as a Director to fill the vacancy on the Board following the retirement of Sachen Gudka.
In November 2020, Kenya Power announced a fresh lifestyle audit for its over 7,000 employees, even as it looks to weed out rogue employees who have been stealing from the company.
Before then, the company had suspended the top leadership of the Supply Chain Division comprising 59 members of staff over fraud.
The goal of the forensic audit, which will be done on the procurement systems, stock and staff, is to enhance the robustness of the Company’s supply chain processes so as to anchor them on the principles of value for money, professionalism and accountability.
On Friday, December 3, five senior managers at Kenya Power were sent on compulsory leave to pave way for investigations into allegations of graft.
“The five managers will proceed on sixty days leave with immediate effect to pave way for various forensic audits and the review of the supply chain function to be completed,” a statement from the firm’s acting Chief Executive Officer Eng Rosemary Oduor said.
The move followed recommendations by a task force appointed by President Uhuru Kenyatta in March this year to probe contracts between the utility firm and electricity generators.
The firm had in 2018 kicked out most senior managers following a probe into a Ksh4.5 billion scandal on transformer tenders.
