Kenya Ports Authority (KPA) management is expected to meet the National Assembly’s Public Investments Committee over Standard Gauge Railway (SGR) deal in which the government allegedly used the port of Mombasa as collateral.
The meeting has been organized in a bid to get details of the Sh227 billion China’s Exim Bank allegedly gave the Kenyan government to fund the project.
Speaking to the press in Parliament Buildings, Committee chairman Abdullswamad Nassir said that the team is committed to ensuring that the port is safe.
The committee comprises of Babu Owino (Embakasi East), Justus Kizito (Shinyalu) and Paul Katana (Kaloleni). The lawmakers have assured Kenyans that the facility is safe.
The probe comes after leaders from both political divides raised concern over the loan extended to the Kenyan government.
Nassir said that they will be on a mission to know the terms of the loan to ensure the public resource is safeguarded from the foreign nation.
“We want to assure Kenyans that we are on top of this matter,” the Mvita MP told journalists.
According to a letter by Auditor-General Edward Ouko, seen by Daily Nation, the Chinese firm would take over the port if Kenya Railways Corporation (KRC) defaults to remit payments towards the loan.