CBK, De La Rue appeal termination of currency tender
7 days ago, 15:49
The Central Bank of Kenya (CBK) and De La Rue International have appealed against the decision by the Public Procurement Administrative Review Board (PPARB) to terminate the award of a currency contract. The contract was terminated last week after Swedish firm Crane AB accused the CBK of breaching the law in awarding the deal to De La Rue by giving it a 15 per cent margin preference for having local shareholding. The CBK and De La Rue International filed separate appeals at the High Court, both ...
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