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Government to Auction Off Goods Imported By CMC Di Ravenna

In the official Kenya Gazette dated September 25, 2021, the government warns importers that if they do not remove certain products from the Customs Warehouse within thirty (30) days, KRA will auction them off on October 27, 2021.

CMC Di Ravenna, the firm at the centre of the arror and Kimwarer Dams debacle, is one of the companies whose assets are going under the hammer. According to the notification, the firm imported a range of items idling at the Inland Container Depot Nairobi (ICDN).

The goods include second-hand muck cars and Rota dump stations imported into the country in 2018. Muck cars are a type of vehicle used to haul excavated wastes from construction sites and mines. The firm made news in 2018 after it emerged that Kenyan officials had granted it a contract to build the Kimwarer and Arror dams even though the company had successfully filed for bankruptcy in Italy. Second, the company allegedly inflated the dam's cost from Ksh. 46 billion to Ksh. 63 billion. The government made advance payments of Ksh. 19 billion, which the conspirators shared with their agents. In 2019, Kenya sought the extradition of company officials to face corruption charges in Nairobi. However, the company alleges that power conflicts between President Uhuru Kenyatta and his deputy William Ruto caused the cancellation of the projects. The company claims these in its fillings at the international court of arbitration.


Content created and supplied by: Mapya-News (via Opera News )

CMC Di Ravenna Inland Container KRA Kenya Gazette Kimwarer


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