Audit exposes how employees, suppliers wrecked Kenya Airways
Mbuvi Ngunze: KQ chief executive, is among those recommended for disciplinary proceedings for contravening Kenya Airways’s board provisions in dealing with collapsed Dubai Bank. TEA GRAPHIC
On Wednesday, February 11, 2015, a Kenya Airways employee in charge of treasury and controls, received the first of several payments from the collapsed Dubai Bank — $20,000. By the end of June of the same year, in eight other transactions, three of which involved his wife, this official had received a total of $220,000 in “transactions.”
The case points to a complex scheme in which employees of Kenya Airways colluded with bankers, suppliers, ticketing agents and oil companies to steal from the airline through forgery and manipulation of the accounts. This is laid bare in the leaked August 2016 audit report by Deloitte, which The EastAfrican has seen.
