The Members of the Public Investment Committee summoned Kenya Airports Authority’s board to answer the claims according to the report done by The Star.
It has been documented that Kenyatta family-owned bank Commercial Bank of Africa (CBA) has a KSh5 million stake in the national airline prepping to take over operations at the airport.
During Tuesday’s meeting with Mr. Andersen, it emerged that the KAA chairman is also the chief executive officer of one of two private banks that Kenya Airways owes Sh5 billion
The committee chaired by Mvita MP Abdulswamad Nassir heard that Mr. Isaac Awuondo is the chief executive of the Commercial Bank of Africa (CBA), which is seeking to merge with NIC bank. Kenya Airways owes the two banks Sh5 billion.
The conflict of interest according to Nandi Hills MP Alfred Keter is