𝐏𝐔𝐁𝐋𝐈𝐂 𝐈𝐍𝐕𝐄𝐒𝐓𝐌𝐄𝐍𝐓𝐒 𝐂𝐎𝐌𝐌𝐈𝐓𝐓𝐄𝐄 𝐎𝐍 𝐂𝐎𝐌𝐌𝐄𝐑𝐂𝐈𝐀𝐋 𝐀𝐅𝐅𝐀𝐈𝐑𝐒 𝐀𝐍𝐃 𝐄𝐍𝐄𝐑𝐆𝐘 𝐈𝐍𝐓𝐄𝐑𝐑𝐎𝐆𝐀𝐓𝐄𝐒 𝐒𝐖𝐈𝐒𝐒 𝐂𝐎𝐌𝐏𝐀𝐍𝐘 𝐎𝐍 𝐂𝐎𝐍𝐓𝐑𝐀𝐂𝐓 𝐖𝐈𝐓𝐇 𝐊𝐄𝐍𝐘𝐀 𝐑𝐄𝐕𝐄𝐍𝐔𝐄 𝐀𝐔𝐓𝐇𝐎𝐑𝐈𝐓𝐘
Officials of a Swiss firm which supplies excise stamps to the Kenya Revenue Authority (KRA) appeared before the Public Investment Committee on Commercial Affairs and Energy to shed light on their contract with the KRA.
The contract mandated the firm, SICPA Security Solutions SA, to provide an Excisable Goods Management System (EGMS) that involved printing, supplying and delivering security revenue stamps to the KRA.