NOCK unveils Ksh1.2b Olympic Plaza project

By Fredrick Muoki

National Olympic Committee of Kenya officials Saturday unveiled an Olympic Plaza project worth 1.2 billion shillings.

The project is geared to building new NOCK offices and a gymnasium for officials and its affiliates.

As the process of reviewing the NOCK constitution continues, embattled NOCK officials led by Secretary General Francis Paul Kanyili unveiled the project.

70 percent of the money towards the project is from loans while 30 percent is drawn from the committee.

Once the project is complete, NOCK will rent some of the office suite and sell some to entrepreneurs as it will be seeking to raise funds to pay back its loans.

This comes days after Rio Olympic Games Probe Committee that was formed by Sports CS Dr. Hassan Wario prepares to table its final report about its findings on the Rio fiasco.

National Olympic Committee of Kenya also wants Rio Olympic games probe report to made public.

The report by the Rio Olympic Games probe Committee was presented to the Sport Cabinet Secretary Dr. Hassan Wario last month but the findings are yet to be made public.

The Committee says they will discuss the findings of the report with the International Olympic Committee before amending their constitution.

  

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