President Uhuru Kenyatta has finally replaced ailing octogenarian Matu Wame as the New KCC board Chairman.
He has been replaced by Dr Ignatius Kahiu in gazette notice number 4284.
Kahiu’s contract has taken effect from the 3rd of May 2019 and will run for 3 years.
In the gazette notice, the President said “the appointment of Eliud Matu Wamae has been revoked,”
On Friday, Hot News reported that corruption and embezzlement of funds are reportedly the order of the day at New KCC.
A source who requested anonymity said the Board chairman, 82 year old Matu Wamae is sick and senile and that some senior managers have taken advantage of his deteriorated health and are simply “embezzling funds”.
Wamae’s replacement is a relief to several New KCC employees.
Speaking on condition of anonymity, the employees said they are now optimistic that Dr Kahiu will help weed out corruption from the parastatal.
Last week, a photo of a frail and sick Wamae being wheeled in a wheel chair as he visited various New KCC factories a week ago left many people in shock.
The picture has been trending on social media.
Wamae has alternately served as chairman and also as a member of the New KCC board since 2005 and until his appointment was revoked; he was serving his sixth term.
On Wednesday, High Court Judge, Justice John Onyiego will rule whether Nixon Kipkemoi Sigey (Managing Director), Magdalene Muthoka (Chief Manager Human Resource) and Samuel Kamindu Ichura (Chief Manager Finance) will step aside to allow for investigations into corruption and nepotism accusations at New KCC.
This follows a petition filed by former KCC Secretary Peter Kennedy Ombati, seeking to have the three declared unfit to hold office due to alleged corrupt dealings and nepotism.
In November 2018, the EACC started a probe after shs 500 million was allegedly transferred from New KCC accounts to other entities.