@BusinessDaily

IEBC servers supply firm in bid for new currency deal

5 months ago, 12 Jan 07:53

By: Brian Ngugi

A company linked to OT-Morpho, the French group that was entangled in the controversial supply of voter identification gadgets and computer servers for the recent Kenyan polls, is among four European bank note printing firms standing in line to win the lucrative tender to print and supply Kenya’s new-look currency. Oberthur Fiduciare will face off with, among others, De La Rue International after the procurement watchdog on Monday cancelled the Sh10 billion-a-year tender awarded to the British printer and ordered a fresh evaluation of bids. Swedish firm Crane AB, which filed the petition before the procurement agency, is also in contention for the tender alongside Giesecke & Devrient, a German company. The Public Procurement Administrative Review Board (PPARB) consequently directed the Central Bank of Kenya (CBK) to make a fresh evaluation of all the tenders submitted to it within 14 days. The PPARB panel, comprising chairman Paul Gicheru and members Hussein Were, Peter Bita Ondieki and Paul Ngotho, called the process of the award to De La Rue “unlawful”, saying the CBK abused the 15 per cent local preference clause. The CBK has appealed the board’s decision at the High Court. The CBK was accused of giving De La Rue, which is involved in the production of about 150 currencies and prints passports, a 15 per cent margin preference for having local shareholding. Voter kits OT-Morpho had been contracted for the supply of 45,000 biometric authentication kits for voters, the associated systems capable of electronically transmitting the electoral results as recorded by the polling stations, and the associated services of training and support to the Independent Electoral and Boundaries Commission (IEBC) for the 2017 presidential election. The firm denied claims of alleged hacking and manipulation of computer servers, the electronic authentication and electoral results transmission systems during the August 8 General Election. The French group rebranded itself as IDEMIA following the May 2017 merger of Oberthur Technologies (OT) and Safran Identity & Security (Morpho). Francois-Charles Oberthur Fiduciaire also featured in a controversial multi-billion shilling contract for the supply of electronic passports more than 10 years ago prior to the merger of all its activities and card systems to form Oberthur Technologies in 2011. The infamous Anglo Leasing affair, which involved contracts being awarded to phantom firms, shocked Kenyans when it was revealed in 2004. Anglo Leasing Finance was paid billions to supply the Kenyan government with a system to print new high-technology passports. Other fictitious companies involved in the scam were given money to supply naval ships and forensic laboratories. Anglo Leasing said then that it sub-contracted Francois-Charles Oberthur Fiduciaire to do the job. Irregularities Oberthur Fiduciaire’s contract to supply passport-making equipment was scrapped by the Kenyan government over allegations of irregularities. None of the contracts was honoured. Oberthur Fiduciaire did not respond to our queries on its operations in Kenya by the time of going to press. The privately owned French printing group was founded in 1842 and is controlled by the secretive multi-billionaire Savare family. “Combining art and ...
Read More


Category: business news lifestyle economy opinion markets corporate

Suggested

9 hours ago, 11:16
@TheEastAfrican - By: The Citizen
Tanzanian authorities seize 'immature' fish at MPs' canteen, minister apologises

A ministry official used a ruler to measure the length of processed tilapia on a plate. ...

Category: topnews news business
7 hours ago, 12:21
@CITIZENTV - By: Citizen Reporter
Treasury, KRA step up fight on counterfeit

Treasury, KRA step up fight on counterfeit ...

Category: topnews news business
2 hours ago, 18:17
@CapitalFMNews - By: Correspondent
Machakos Court blocks demolition of Superior Homes

MACHAKOS, Kenya, Jun 20- The High Court sitting in Machakos County has stopped the intended demolition of houses worth millions of shillings put up by Supe Kenya breaking news | Kenya news today | ...

Category: business
2 hours ago, 17:55
@CapitalFMNews - By: Davis Ayega
MPs to summon 4 CSs over poisonous sugar next week

NAIROBI, Kenya, Jun 20 - The National Assembly's Agriculture Committee plans to summon various stakeholders and State agencies to shed light on the alleged Kenya breaking news | Kenya news today | ...

Category: business
3 hours ago, 17:15
@CapitalFMNews - By: Joseph Muraya
Matiangi okays deportation of 41 aliens engaging in illegal business

NAIROBI, Kenya, Jun 20 - Interior Cabinet Secretary Fred Matiangi has approved the deportation of 41 foreigners, mainly Chinese found doing illegal busines Kenya breaking news | Kenya news today | ...

Category: business
3 hours ago, 16:45
@CapitalFMNews - By: Kennedy Kangethe
Kenya seeks more pledges for Blue Economy conference

NAIROBI, Kenya, Jun 20 - Kenya is appealing to the private sector, development partners and other countries to pledge support for the Blue Economy conferen Kenya breaking news | Kenya news today | ...

Category: business

@BusinessDaily

IEBC servers supply firm in bid for new currency deal

5 months ago, 12 Jan 07:53

By: Brian Ngugi
A company linked to OT-Morpho, the French group that was entangled in the controversial supply of voter identification gadgets and computer servers for the recent Kenyan polls, is among four European bank note printing firms standing in line to win the lucrative tender to print and supply Kenya’s new-look currency. Oberthur Fiduciare will face off with, among others, De La Rue International after the procurement watchdog on Monday cancelled the Sh10 billion-a-year tender awarded to the British printer and ordered a fresh evaluation of bids. Swedish firm Crane AB, which filed the petition before the procurement agency, is also in contention for the tender alongside Giesecke & Devrient, a German company. The Public Procurement Administrative Review Board (PPARB) consequently directed the Central Bank of Kenya (CBK) to make a fresh evaluation of all the tenders submitted to it within 14 days. The PPARB panel, comprising chairman Paul Gicheru and members Hussein Were, Peter Bita Ondieki and Paul Ngotho, called the process of the award to De La Rue “unlawful”, saying the CBK abused the 15 per cent local preference clause. The CBK has appealed the board’s decision at the High Court. The CBK was accused of giving De La Rue, which is involved in the production of about 150 currencies and prints passports, a 15 per cent margin preference for having local shareholding. Voter kits OT-Morpho had been contracted for the supply of 45,000 biometric authentication kits for voters, the associated systems capable of electronically transmitting the electoral results as recorded by the polling stations, and the associated services of training and support to the Independent Electoral and Boundaries Commission (IEBC) for the 2017 presidential election. The firm denied claims of alleged hacking and manipulation of computer servers, the electronic authentication and electoral results transmission systems during the August 8 General Election. The French group rebranded itself as IDEMIA following the May 2017 merger of Oberthur Technologies (OT) and Safran Identity & Security (Morpho). Francois-Charles Oberthur Fiduciaire also featured in a controversial multi-billion shilling contract for the supply of electronic passports more than 10 years ago prior to the merger of all its activities and card systems to form Oberthur Technologies in 2011. The infamous Anglo Leasing affair, which involved contracts being awarded to phantom firms, shocked Kenyans when it was revealed in 2004. Anglo Leasing Finance was paid billions to supply the Kenyan government with a system to print new high-technology passports. Other fictitious companies involved in the scam were given money to supply naval ships and forensic laboratories. Anglo Leasing said then that it sub-contracted Francois-Charles Oberthur Fiduciaire to do the job. Irregularities Oberthur Fiduciaire’s contract to supply passport-making equipment was scrapped by the Kenyan government over allegations of irregularities. None of the contracts was honoured. Oberthur Fiduciaire did not respond to our queries on its operations in Kenya by the time of going to press. The privately owned French printing group was founded in 1842 and is controlled by the secretive multi-billionaire Savare family. “Combining art and ...
Read More

Category: business news lifestyle economy opinion markets corporate

Suggested

9 hours ago, 11:16
@TheEastAfrican - By: The Citizen
Tanzanian authorities seize 'immature' fish at MPs' canteen, minister apologises

A ministry official used a ruler to measure the length of processed tilapia on a plate. ...

Category: topnews news business
7 hours ago, 12:21
@CITIZENTV - By: Citizen Reporter
Treasury, KRA step up fight on counterfeit

Treasury, KRA step up fight on counterfeit ...

Category: topnews news business
2 hours ago, 18:17
@CapitalFMNews - By: Correspondent
Machakos Court blocks demolition of Superior Homes

MACHAKOS, Kenya, Jun 20- The High Court sitting in Machakos County has stopped the intended demolition of houses worth millions of shillings put up by Supe Kenya breaking news | Kenya news today | ...

Category: business
2 hours ago, 17:55
@CapitalFMNews - By: Davis Ayega
MPs to summon 4 CSs over poisonous sugar next week

NAIROBI, Kenya, Jun 20 - The National Assembly's Agriculture Committee plans to summon various stakeholders and State agencies to shed light on the alleged Kenya breaking news | Kenya news today | ...

Category: business
3 hours ago, 17:15
@CapitalFMNews - By: Joseph Muraya
Matiangi okays deportation of 41 aliens engaging in illegal business

NAIROBI, Kenya, Jun 20 - Interior Cabinet Secretary Fred Matiangi has approved the deportation of 41 foreigners, mainly Chinese found doing illegal busines Kenya breaking news | Kenya news today | ...

Category: business
3 hours ago, 16:45
@CapitalFMNews - By: Kennedy Kangethe
Kenya seeks more pledges for Blue Economy conference

NAIROBI, Kenya, Jun 20 - Kenya is appealing to the private sector, development partners and other countries to pledge support for the Blue Economy conferen Kenya breaking news | Kenya news today | ...

Category: business
Our App