The government has terminated the contract of acting Managing Director of Kenya Broadcasting Corporation (KBC) and ordered for disciplinary action against him.
- •The MD Samuel Maina is accused of committing the government to pay US$5 billion in arbitration without seeking the approval of the Ministry, National Treasury and the office of the Attorney General and Department of Justice.
- •In a letter dated 18th December,2023, KBC instructed Matthew Vinal of Dentons UK Middle East LLP to offer Channel 2 Group Corporation US$5 billion in full and final settlement of the matter referred to as (LCIA Arbotration No 12223: Channel 2 Group Corporation versus Kenya Broadcasting Corporation).
- •KBC Board appointed Samuel Maina acting Managing Director of the Kenya Broadcasting Cooperation, KBC in early 2022.
Eliud Owalo, the CS Ministry of Information, Communications and Digital Economy under which KBC falls as one of the parastatals, took issue with the instruction by the outgoing acting MD, thereby recommending his immediate suspension.
“Maina should proceed on suspension immediately and disciplinary action instituted against him by the board,” said Owalo.
“I appoint Paul Macharia, currently the communication Economic Expert at the National Communications Secretariat as the acting MD with effect from 19th December 2023 for a period of six months or upon appointment of substantive Chief Executive Officer,” Owalo said.
Until his appointment, Maina was the cooperation’s Editor-in-Chief. He was formerly the head of news at the national broadcaster.
Multichoice Executives Appear Before Parliament Over Joint Venture with KBC – Kenyan Wallstreet
