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President William Ruto has revealed that Kenya paid $50 million (approximately KSh 6.5 billion) to terminate a French company's contract for the Rironi-Mau Summit highway, arguing the settlement was far cheaper than fighting a protracted legal battle worth hundreds of millions of dollars.
Ruto made the disclosure Thursday, November 12, while addressing delegates at the Kenya Comprehensive Schools Heads Association Annual General Meeting and Conference at the Sheikh Zayed Children Welfare Centre in Nyali, Mombasa.
His remarks come amid public claims by Democratic Change Party leader Rigathi Gachagua over how the original agreement was cancelled and subsequently handed to Chinese contractors.
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The president said the original arrangement with the French firm yielded no physical construction over six years and had already ended up in litigation before he moved to settle the matter diplomatically.
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He added that a direct negotiation with the company produced a settlement he considered prudent given the alternative.
