Former Kenya Power and Lighting Company Plc (KPLC) board chairperson Vivienne Yeda Apopo is set to be arrested.
According to sources, Apopo will be charged with economic crimes carried out under her tenure at KPLC and East African Development Bank (EADB).
Ms Apopo had grown too big for her court; too headstrong and was also reportedly overheard (recorded) talking ill of the current William Ruto administration.
KPLC
She was appointed at the time the parastatal was facing massive looting through staff tampering with meters, tender irregularities, which saddled Kenyans with high electricity costs.
She was supposed to be the cure to these things but instead, KPLC became worse.
Soon after taking over, she was at the forefront in sabotaging then-newly appointed CEO KPLC Bernard Ngugi, who in August 2021, resigned abruptly.
Vivienne Yeda Apopo’s: Former KPLC Board Chair.
There were bitter exchanges between the top managers before Ngugi’s exit. He had become isolated as the chairperson often engaged a Ms Bore, the head of legal and regulatory affairs.
Ms Yeda is known for such manoeuvres even as she was at East African Development Bank (EADB). It does not come by surprise that this site called her out by stating categorically that KPLC’s Pick for board chair is a criminal.
Mismanagement also dogged EADB with Yeda Apopo at the helm.
What was a Sh200 million tender was cancelled by the board and pumped to Sh1 billion.
The board chair argued that the management had not incorporated most of the guidelines that the board had proposed in the insurance tender.
“Please track the board inputs. I don’t see any changes to the previous specs (specifications). The premium turnover should be a multiple of KP (Kenya Power) premium – not less than Sh1bn. See director Gudka and my comments and any others that the directors shared and refer to the minutes,” wrote Yeda in an email to Bore on July 20. Bore’s response a few minutes later did not assuage the chairperson, who is also the CEO of East African Development Bank.
“We are still waiting for the revised tender specs for insurance and the other project details. Kindly share with the board the template that has been developed on the basis of the government of Kenya guidelines I shared with you,” wrote Yeda in her response.
Frustrated by the response, Yeda asked the General Manager in Charge of Supply Chain Kipyegon Ngeno and Bore to send the minutes of that meeting on the day when specifications for the tender were discussed.
Reports indicate that Bore would finally bow to pressure, increasing the cost of the tender to Sh1 billion.
“Board members, we need to guide management and make proposals. My proposal is that the current premium volume of the prospective broker needs to be increased from Sh200 million to Sh1 billion, the guarantee from Sh3 million to Sh10 million and the professional indemnity cover from Sh200 million to Sh1billion. This should be justified based on the size of Kenya Power, the type of risks covered and the level of business being placed,” said Yeda in the email. She emphasised “a solid organisation structure and team with the ability to conduct risk surveys and specific experiences in the energy market locally and internationally”.
“MD please revert with the specs, urgently given the tight timelines you indicated,” she instructed. On June 17, Yeda sought from Ngugi the details of tenders on the Kenya Power’s website…READ more
Yeda Apopo’s record
Vivienne Yeda Apopo’s record at another institution, The East African Development Bank (EADB) was not colourful.
Her looting ways shone brightly before.
The EADB boss is known for all the wrong reasons such as cooking the books of account at the bank and issuing questionable loans.
READ: Did Vivienne Apopo Bribe East African Development Bank Board To Ignore Her Criminal Activities?
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