Onyonka insists on evidence, not talk, on JKIA lease

Business
By Denis Omondi | Jul 29, 2024
Kisii Senator Richard Onyonka. [Spice FM]

Kisii Senator, Richard Onyonka, has challenged the government to make public documents of an alleged planned lease of the Jomo Kenyatta International Airport (JKIA) to Indian conglomerate, Adani Group, through its subsidiary Adani Airports Holdings Limited.

According to Onyonka, the Senate has not received a response from the government in regard to his petition aiming to compel involved parties to declare the terms, and conditions, of the deal.

"I want President Ruto to give us the documents. That's what the law says. There ought to have been a public participation involving all stakeholders. Kenyan employees might lose their jobs...and contrary to what the president has said, all airports are going to be managed by this company," said Richard Onyonka while speaking to Spice FM on Monday, July 29.

"There is no need for the president to talk. Instead, we need to use relevant institutions to probe whether the claims are true," he added.

Onyonka has insisted that Kenyans must be furnished with details of the company's directors, its local registration status, proof of undertaking similar assignment anywhere else, the memorandum of understanding between the company and Kenyan government, and any other valuable information.

President William Ruto, while addressing a town hall meeting in Mombasa on Sunday, July 28, refuted the claims adding that Kenya is seeking a Public Private Partnership (PPP) arrangement for the upgrade of the ageing airport to enhance its competitiveness in the aviation market.

Ethiopia and Rwanda have constructed new airports thus threatening the position of JKIA which is still the region's top facility.

"I've heard many people saying William Ruto wants to sell the airport. Am I a mad man? How do you sell a strategic national asset?" posed President Ruto.

Senator Onyonka, the presumptive whistleblower, has attributed some concerned Kenyans who, he says, have supplied him with worrying evidence.

Preliminary reports indicate that Adani group intends to invest a sum of Sh 246 billion in the airport with its sight fixed on an 18 percent annual return rate over the thirty-year lease period.

Kenya Airports Authority (KAA), which manages JKIA, has confirmed receiving a proposal from Adani in which the Indian investor intends to construct a new passenger terminal, a second runway and refurbish other unspecified facilities within the airport.

"The proposal will be subjected to technical, financial and legal reviews alongside requisite due processes in compliance with the Public Private Partnership Act 2021," said KAA Acting Managing Director Henry Ogoye.

KAA has also insisted that no jobs will be lost should the deal materialise.

Share this story
Why Nairobi has a housing mismatch
Two things are true about Nairobi's property market right now, and they should not be able to coexist.
Ruto's appetite for debt shows no signs of slowing
Since he took over in October 2022, President William Ruto has already surpassed the Sh13 trillion mark amid pressure to shift from deficit and borrowing-anchored budget making.
Kenya's land surveys goes digital as technology tackles boundary disputes
Land surveying in Kenya is increasingly shifting from traditional field reconnaissance to digital mapping and precision technology, with surveyors using digitised maps
Report: Japan, Thailand and China have the hottest property markets to invest in
Most real estate investors are watching the Japanese, Thai, and Chinese markets for lucrative deals right now, according to a new study released by the online trading platform Taurex
Equity Group halfyear net profit surges to Sh43.8b as StanChart's slides by 17pc
Equity Group Holdings’ first-half net profit rose by 32 per cent to a record Sh43.80 billion, while Standard Chartered Bank Kenya’s profit fell by 16.8 per cent as lower lending margins hurt earnings
.
RECOMMENDED NEWS