Parliament has been informed that the US $190,988,556(shs700.218BN) loan from stanbic Bank meant for UMEME buyout was in excess of over shs 267.61Bn because the only amount due to umeme is US $118m (shs432.677Bn)
The revelation was made by Speaker Among , while receiving the audit report into end of umeme concession from the Audiotor General, where she indicated that parliament agreed to pass the loan on condition that the amount to be paid to umeme would be the one audited by the Aduditor General
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