Siri hii imefichuka baada ya wabunge wa kenya kuingilia kati sakata la KQ kutaka kuchukua uwanja wa JKIA
From Source:
Nandi Hills MP Alfred Keter, a friend of the committee, sought clarification of the ownership of the 28 airliners operated by Kenya Airways.
Of these, only three are owned by Kenya Airways, raising questions about who owns the others, said to be leased from private entities.
The airline currently controls 34 per cent of air traffic, down from the 50 per cent it held in 2011, yet it has brought KLM on board as a shareholder controlling 23 per cent.
“KQ is a loss-making entity, hence, cannot be entrusted with the management of a profit-making airport,” PIC chairman Abdulswamad Nassir said.
Legislators further questioned how Kenya Airways allegedly initiated the deal before the Cabinet memo on the venture was served to KAA.
The committee has written to the Investments Secretary, demanding to know who the real shareholders at KQ are, noting that the proposed JKIA takeover will not be viable.
The committee wants Treasury to furnish the information by the second week of April, saying there is a lot at stake.
Yesterday, Nassir reiterated that the deal between the national carrier and the KAA raises more questions than answers.
“As we said recently, we need to get to the bottom of this matter. There is something we are not being told and as a committee we will investigate,” he said.
The government, through the National Treasury, has invested in KQ in efforts to return it to a profit-maker.
KLM, which signed a 22-year venture with KQ, is reported to own a 13.71 per cent stake, the government 46 per cent and 11 per cent by commercial banks. The banks converted their debts to KQ into equity.
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