BY BUSINESS DESK.
High court has temporarily stayed the Public Procurement Administrative Review Board decision that nullified the currency printing tender awarded to De LaRue Company.
Justice George Odunga further consolidated the two matters- that had been filed by CBK and De Larue and directed that the case be mentioned on Friday for further directions.
Central Bank of Kenya together with De LaRue moved to court to challenge the PPARB decision.
The two argue PPARB in ruling that the tender issued to De La Rue is unlawful acted ultra-vires by law by allowing a request for review that was filed out of the statutory period of 14 days.
Both CBK and De La Rue now want Public Procurement Administrative Review Board decision set aside.