UMEME Ordered to Hand Over Today After Receiving $118M

“The company has, without prejudice, invoiced for and received the government’s admitted sum of $118,385,603,” Umeme said in a statement today. Exiting electricity distributors Umeme Limited have issued a statement today stating they will accept a buyout amount of $118million despite expecting to be paid $234. They have notified the government they will appeal against the […]

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