Sugarcane growers have raised question over functioning of the receiver-manager appointed by the Kenya Commercial Bank (KCB) to revive the Mumias Sugar Company. They claim receiver-manager has done little to revive the sugar mill.
KCB had appointed Ponangipalli Venkata Ramana Rao to commence sugar milling operations. According to the media report, he has been asked to publish a report regarding the revenue he has generated and the debts settled since he took over in September 2019.
Ayub Savula, Lugari MP said, that Rao should come up with a report about what he has done since he took charge. Mumias Sugar is an important factory for us and we want its revival. If the receiver manager is not able to change the situation, then he should be prepared to pack and go.”
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