KTDA rejects claims of Sh26 billion debt mismanagement
Source: The Standard
The Kenya Tea Development Agency (KTDA) has dismissed allegations of financial mismanagement, insisting that all commodity loans flagged by the regulator were fully cleared as of September 2025, while long-term inter-factory borrowings remain under structured repayment schedules and within approved policy guidelines.Responding to an audit report by the Tea Board of Kenya (TBK) that alleged KTDA-run factories owe more than Sh26 billion in improperly sanctioned loans, the agency said it had not officially received the audit findings and are willing to clarify any outstanding issues.Get Full Access for Ksh299/WeekUnlock the Full Story — Join Thousands of Informed Kenyans TodayUnlock the Truth Now 》Unlimited access to all premium contentUninterrupted ad-free browsing experienceMobile-optimized reading experienceWeekly NewslettersMPesa, Airtel Money and Cards acceptedAlready a subscriber?Log in
Responding to an audit report by the Tea Board of Kenya (TBK) that alleged KTDA-run factories owe more than Sh26 billion in improperly sanctioned loans, the agency said it had not officially received the audit findings and are willing to clarify any outstanding issues.Get Full Access for Ksh299/WeekUnlock the Full Story — Join Thousands of Informed Kenyans TodayUnlock the Truth Now 》Unlimited access to all premium contentUninterrupted ad-free browsing experienceMobile-optimized reading experienceWeekly NewslettersMPesa, Airtel Money and Cards acceptedAlready a subscriber?Log in
Subscribe to our newsletter and stay updated on the latest developments and special
offers!
Pick your favourite topics below for a tailor made homepage just for you