A Kiambu Tycoon Slowly Plunging Into Poverty After Deal Gone Bad
By pmeja | self meida writer
Published 24 days ago - 12993 views
A Kiambu County-based businessman is slowly plunging into poverty after a lucrative tender he had won was ruined on its final stages.
The businessman had won a tender to supply hospital equipment to Gatundu Hospital.
He even went ahead and jetted to China where he managed to purchase the required equipment, shipped them in, only for his tender to be declared null.
According to People Daily Newspaper this Thursday, the man is now facing financial ruin after he spent at least 10 million on the medical equipment.
The publication noted that the businessman won the big tender through competitive biding to supply Gatundu Hospital with a wide range of PPE.
He was only told the papers for the order were wrongly ascribed after he had managed to ship in all the PPEs said to cost over Sh10 million.
It is not known what next for the businessman, and he is going to recover his millions of money. It should also be noted that the COVID-19 disease is slowing down in the country, and with the coming vaccines, his stock of PPEs could lack market.
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