"The manipulation of fuel stock data was intended to justify an emergency import of fuel even though Kenya has several standing contracts. Despite the war in Iran, Saudi Aramco Trading Fujairah and others were meeting their contractual obligations."
"The procurement of an overpriced, substandard quality emergency shipment of fuel appears to have been done to exploit rising global prices and public anxiety, thereby creating a false impression of impending supply shortfall."
"The government is committed to protecting the public interest and safeguarding national resources. Any act of economic sabotage will be thoroughly investigated, and those found responsible will face firm and decisive action."
Three top executives in Kenya's energy sector resigned due to accusations of manipulating fuel stock data. The resignations were linked to alleged irregularities in the petroleum supply chain. The government stated that the manipulation aimed to justify emergency fuel imports despite existing contracts. The procurement of overpriced, substandard fuel was seen as an attempt to exploit rising prices and create a false impression of supply shortages. The government pledged to investigate economic sabotage and take decisive action against those responsible.
Read at www.dw.com
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