Eda Ranu CEO Henry Mokono when presenting a dividend of K2 million to Kumul Consolidated Holdings on Wednesday said the amount would have been much greater, considering massive amounts of money still owed by government agencies for water and sewerage services.
“We have yet to collect hefty amounts owing from other government entities.
“The three disciplinary forces; Police, CIS and Defence alone owe us in excess of K30 million, followed by other state departments and agencies.
“We have a total debt level of monies owed in excess of K50 million”, he said.