The Standard Group Plc is a
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Samuel Maina was on Tuesday, December 19, terminated as the Acting Managing Director of KBC. [Courtesy of KBC]
The Kenya Broadcasting Corporation (KBC) acting Managing Director Samuel Maina's contract has been terminated with immediate effect.
ICT Cabinet Secretary Eliud Owalo, in a letter dated Tuesday, December 19, said Maina had been dismissed for committing the government to pay USD 5 billion (Sh765 billion) in LCIA Arbitration without approval from the ICT Ministry, the Attorney General and Treasury.
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