The Directorate of Criminal Investigations (DCI) is probing how Ksh63 billion meant for dam construction and paid to an Italian firm was wired to Britain before finding its way back to Kenya.
The National Treasury is reported to have released 10 per cent of the total cost of the Arror and Kimwarer multipurpose dams, Ksh6.3 billion, as mobilisation money.
After payment, CMC di Ravenna mysteriously wired the money to a bank in the United Kingdom, where it was withdrawn and wired back to Kenya.
Once in Kenya, the money was withdrawn and paid to scores of local companies and individuals.
Investigations unearthed 107 local and international companies detectives believe aided the looting of the billions.
According to a statement released on Monday, the DCI summoned the individuals and firms to explain why they were allegedly paid for non-existent projects.
DCI boss George Kinoti mentioned that sleuths were also pursuing claims that CMC di Ravenna paid a bribe of an unknown amount from a Ksh4.9 billion down payment for the design of the dams.
The Italian firm, on the other hand, denied reports that it was broke.
“CMC has voluntarily engaged in a composition with creditors procedure to ensure it safeguards the interests of all stakeholders.
“CMC di Ravenna continues to be fully committed to completing the dam project ahead of, or within the contracted time frame,” a statement released to the press read.
