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.
MoiUniversity is in a financial crisis owing to huge debts owed to staff and third parties. [File, Standard]
New details now reveal the dire financial state of MoiUniversity, with data showing the institution is drowning in debt, owing over Sh8.6 billion to its staff and third parties over the past seven years.
This financial strain has plunged the institution into a crisis, resulting in an 86-day staff strike and leaving students stranded.
Get Full Access for Ksh99/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access