The audit findings on the drilling rigs form part of underutilised or idle assets at the State-owned firm tasked with exploring and drilling for geothermal steam in the country.
By
Patrick Alushula
Business Reporter
Nation Media Group
The Geothermal Development Company (GDC) is on the spot after an audit flagged Sh15.93 billion drilling rigs that are either idle or non-functional, adding to a list of underutilised assets at the government-owned firm.
EADB's Kenya operations on the spot amid Sh6.6b loss fears
The shameful waste of R27.8 million on unused pothole repair machines | A betrayal of our veterans and a symptom of deeper corruption
Macpherson orders probe into 6,238 state-owned homes occupied by government officials
Macpherson Orders Probe Into 6,238 State-Owned Homes Occupied by Government Officials as Disposal Plan Looms
Investigation launched into 6238 state-owned homes occupied by government officials
Auditors found the contractor absent from the project site, with several critical components yet to begin despite nearly three…
