The five businesses that benefited from the Sh16 billion fuel subsidy under the administration of former President Uhuru Kenyatta have finally been identified by Energy Cabinet Secretary Davis Chirchir.
Rubis, Galana Oil Kenya, Oryx Energies, E3 Energy Kenya, and Vivo Energy were listed by Chirchir as the principal recipients of the money Uhuru set aside to help Kenyans cope with the rising cost of fuel.
Chirchir claims that Oryx received the most money from the subsidy, taking home Sh8.2 billion.
After receiving Sh3.2 billion, E3 Energy received Sh3.52 billion and was a significant beneficiary.
Galana Oil Kenya, Vivo, and Rubis each received Sh1.02 billion.
“The payments were in respect to the Petroleum Development Levy Order, 2020, Legal Notice No. 124, Petroleum Pump Price Stabilization Program, which was introduced,” Chirchir said.
The Consolidated Fund Services were debited for the sums.
According to reports, the money was taken out in accordance with Article 223 of the Constitution, which allows the Treasury to release money without the approval of Parliament.