
JUST
WHAT POWERFUL force is pushing for the takeover of a renowned entity said to be
raking in hundreds of millions to aid trade? This column is apprised of
high-level interests in the alleged takeover
bid, which is said to explain the boldness among some of the key players. Word
is that a big man is involved in the acquisition and has been allegedly pushing
one of his partners to take the confrontational approach that played out
recently. Those affected have been seeking interventions from the authorities in
vain, thanks to alleged firm instructions to stay away from the matter.
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TALK IS RIFE of some mega projects undertaken by a state agency facing a bleak future and probably eventual collapse. Reason? Contractors are said to be shying from taking them up because of possible fraud and corruption in the tendering for the high-value ventures. A mole whispered to Corridors of Power that most of the tenders were allegedly handed out to companies which did not even participate in the bidding process, while some supposedly lacked capacity. A state of anxiety is said to have permeated the corridors of the agency in the wake of the delay, attracting questions from higher authorities.***
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CAN THE REAL owners of a firm behind the purchase of a pricey 'historical'
asset stand up? This is the call that a group of lawmakers were overheard
making after details emerged of the big money transaction around the property.
The lawmakers fear that individuals who have been eyeing the asset for eons may
be behind the company that has fronted itself as the face of the buyer. The
politicians vowed to invoke the law to compel disclosures of the beneficial
owners of the buying firm to unmask the faces behind the multibillion-shilling
transaction.





















