Central Bank gets temporary reprieve in new bank notes tender dispute - Capital Business
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Central Bank gets temporary reprieve in new bank notes tender dispute

CBK and De LaRue are contesting nullification of the award of tender and want it set aside/FILE

NAIROBI, Kenya, Jan 16 – The high court has temporarily suspended Public Procurement Administrative Review Board decision to nullify a tender for the printing of the new Kenya currency by De LaRue Company.

Judge George Odunga has directed the order of stay to remain in force pending determination of cases by CBK and De La Rue which have since been consolidated.

The matter will be mentioned on Friday for further directions.

Senior Counsel Fred Ngatia representing De La Rue while asking the court to stop implementation of PPARB action requested to have the dispute heard on the basis that what is at stake is the printing of the currency in accordance with the Constitution.

Ngatia’s sentiments were supported by lawyer Ochieng Oduol for CBK.

The regulator together with De LaRue are contesting nullification of the award of tender and wants it set aside.

De La Rue is aggrieved by PPRAB directive that CBK reviews four bids that were tendered within a period of 14 days.
PPRAB acted following a request for review by a Swedish firm Crane AB.

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