Home Bisnis Kenya: KTDA Entities That Farmers Own but Which Don’t Earn Them a...

Kenya: KTDA Entities That Farmers Own but Which Don’t Earn Them a Single Cent – AllAfrica.com

42
0
SHARE


The last time I wrote on the Kenya Tea Development Agency (KTDA), its lawyer threatened to sue me for “defaming” the organisation, which was once the bedrock of Kenya’s tea industry.

CONFLICT OF INTEREST

Last week, President Uhuru Kenyatta asked detectives to investigate the workings of this behemoth — which was turned from a government body to a private entity in a scandalous arrangement that left smallholder tea farmers at the mercy of a few directors stationed at the headquarters.

They are also to investigate the serious conflict of interest involving board members.

When detectives from the Directorate of Criminal Investigation start looking into the agency’s affairs, they will find out that it is a rogue body. They will find that conflict of interest reigns here as private companies in which directors have direct interests are awarded tenders to supply weighing machines and bags, to renovate factories and repair boilers and trade with the entity, which on paper, is owned by farmers.

But the worst part is that money from these subsidiary entities that were built using farmers’ money do not earn them any dividend, which explains why tea factory directors are never told…



Read More: https://allafrica.com/stories/202001190162.html

This News From Feed news.google title “Kenya: KTDA Entities That Farmers Own but Which Don’t Earn Them a Single Cent – AllAfrica.com”

Source: https://allafrica.com/stories/202001190162.html

geico insurance,instant auto insurance quote,get auto insurance online,purchase auto insurance online,auto insurance quotes online,farmers insurance,farm insurance,a car insurance