In another public financial wastage blow,detectives are looking into the circumstances in which senior managers diverted fuel worth Ksh 300 million meant for Kenya Ports Authority to private stations.
This theft has been perpetrated by unscrupulous employees of Great White Investments Limited and National Oil internal staff in Mombasa at the watch of the CEO Maryjane Mwangi, where they prepare delivery notes (Orders) in the Oracle system and immediately cancel them without notifying the teams involved.
These cancelled orders are then used to collect fuel from the National Oil terminals and then the fuel is sold to third parties. The total loss based on lost stocks is thus a value of Ksh330 million.
For the services rendered to National Oil, Great White Investments Limited have been paid over Ksh80 million for site management, transport of fuel and hire of bowsers.
The parastatal has current net Losses of over Ksh100 million. Indeed, the Internal Audit report of 2017 recommends to the CEO change of tact and managing the KPA contract like all the other contracts are managed without sub-contracting.
Sources indicate that over Ksh400 million has been lost and kept under wraps, as more is set to sublime if the situation is not arrested.
The Corporation quietly somehow has engaged the services forensic Auditors to look into the said theft however, sources tell that MaryJane Mwangi has diverted this process to investigate current and former employees who she dislikes and who have no direct link with the theft in an aim to divert this to blame employee instead of invoking the contract with Great White Investments and have them pay for the losses then cancel the contract.
This is a way they say she is used to operating to divert the attention from the Corporations board from realizing her incompetence and inability to manage and the Corporations and yet this has seen the board to buy into this as they are tricked with international trips despite the fact that the Corporation has been making huge losses under her management.
In the Auditor general report for the financial year ended June 30, 2017, the issue of non-reconciled stocks is raised by the Auditor General as it has negative effects on profitability of the organization.
A copy of the contract that the CEO signed with this company Great white investments Limited indicates that this company will be responsible for all losses at the site and take responsibility of them.
However, MaryJane Mwangi is keen on blaming these staff who are helpless and are constantly threatened with sacking for their silence.
Also, an audit report done into current losses was designed so that blame goes to employees in the Mombasa office so that they can take the fall and she can have her way.
Do you think the plot for employees to take the fall will succeed?