The KPC boss, however, confirmed that three senior staff have been sent on compulsory leave pending ongoing investigations by the Ethics and Anti-Corruption Commission.
He said all the 12 projects by KPC were above board as set out in the State Corporation Act, the Public Finance Management Act, as well as the Public Procurement and Disposal Act, 2015 among other relevant laws.
“The performance we did last year was a profit before tax of Sh11.5 billion. That is not a company that has swindled Sh95 billion,” Sang said, adding that they are open for investigations.
“As a company, we are open to public scrutiny and we will continue to partner with all the government agencies in this endeavour. We will continue to provide all documentation. We are open, we are transparent and we are ready.”
According to Sang, the tender was advertised as “international competitive tender” on January 16 and closed on February 28, 2013.
He said the tender was won by a Lebanese firm called Sakim International after a total of 13 firms were shortlisted to proceed to the final stage of the tendering process.
“For us to lose Sh95 billion, it means we would be out of business,” he added.
