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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Taxpayers are facing a Sh243.2 million legal bill, nearly 20 times the original budget, for the controversial and ultimately cancelled plan to hand control of the nation’s main airport to India’s Adani Group, according to an internal government document seen by The Standard.
The massive bill, detailed in a September 25 advisory letter from the Kenya Airports Authority (KAA) to the Ministry of Transport, exposes the financial fallout of the botched privatisation that could if awarded cost the public dearly in legal fees, even though the botched multibillion shilling deal was scrapped by President William Ruto last year.
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