Top Athi River Mining bosses jump sinking ship as Pradeep takes firm grip on the stern

When Athi River Mining (ARM) Cement made a Sh6.9 billion loss, the cost of running the company had suddenly shot up by 55 per cent.

Part of the Sh2.8 billion administrative cost went into compensating the firm’s board of directors that is silently slithering away from the company and the responsibility to safeguard shareholder interests.