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Corporate Fraud News

Deal-a-Rogue: Currency Manufacturer De La Rue Accused Of Employment Malpractices

The De La Rue money printing facility in Nairobi.

The Thika Road based currency printing company De La Rue International has been called out for employment malpractices.

In October 2018, the Government of Kenya (GoK) was forced by the courts to award De La Rue a Kshs. 10 billion a year currency printing contract for Kenya’s new bank notes.

Then, High Court Judge George Odunga had ordered the CBK to re-evaluate the tender on the grounds that the 15 per cent preferential treatment was conferred contrary to procurement law since the firm is not a Kenyan owned entity, prompting De La Rue and the CBK to file appeal. They won.

The documents seen by the editor of this site and attached at the end of this article confirms that De La Rue is acting with impunity because it has the backing of the highest office in the land.

Hi Cyprian Nyakundi,

As you are aware of the new Kenya bank notes in circulation that are being made in Nairobi Kenya. The government signed a joint venture with De La Rue.

As part of Kenya foreign policy, I believe is to create more jobs to its people especially when foreign company are involved.

This is not the case: De La Rue had floated a process and declared 27 of its employees redundant, by scrapping off a whole department of 25 employees to outsource the same services.

They have continued with the illegal process even when the matter was taken to Federation of Kenyan Employers (FKE) where they were advised to stop the process and start a fresh as per the law.

Reach me out for more information as the new General Manager (GM) works in total disregard of the Kenyan laws.

A simple example: the company premise does not comply to the disability act. A PLWD will not be able to access the facility even with the help of wheelchair.

De La Rue Letters



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