Disir
Platinum Member
- Sep 30, 2011
- 28,003
- 9,607
- 910
Kenya Pipeline Company (KPC) is on the spot again after an audit report revealed that oil marketers and rogue KPC staff could be raking in millions of shillings by selling water disguised as fuel.
According to a report by the Sunday Nation, rogue KPC staff collude with oil marketers and sneak water into the oil pipeline system and later declared as “losses”.
The burden is then passed on to consumers who have to pay higher prices to cover for the “losses” every month.
Ordinarily, the losses should be petrol and diesel but in this case it is huge volumes of water with the consumer bearing the burden.
The paper cited a forensic audit report which revealed that more than a million litres of water passed through the system in just 3 months from March.
Oil marketers then collect diesel and petrol and petrol from KPC leaving behind the water that is then declared as pipeline losses and loaded into the monthly pump prices by the Energy Regulatory Commission (ERC).
New scandal hits KPC amidst reports that Kenyans paid for water disguised as fuel
They need to name names.
According to a report by the Sunday Nation, rogue KPC staff collude with oil marketers and sneak water into the oil pipeline system and later declared as “losses”.
The burden is then passed on to consumers who have to pay higher prices to cover for the “losses” every month.
Ordinarily, the losses should be petrol and diesel but in this case it is huge volumes of water with the consumer bearing the burden.
The paper cited a forensic audit report which revealed that more than a million litres of water passed through the system in just 3 months from March.
Oil marketers then collect diesel and petrol and petrol from KPC leaving behind the water that is then declared as pipeline losses and loaded into the monthly pump prices by the Energy Regulatory Commission (ERC).
New scandal hits KPC amidst reports that Kenyans paid for water disguised as fuel
They need to name names.
