adequate research is your friend, as Ericsson said, this was from Stanchart PLC http://www.businessdaily...272812-1dvndz/index.html

From Jaindi... i hear you ******- you are right with respect to the 25 per cent single borrower limit. The capital base can not support that level of borrowing. The rule allows banks to break the single borrower limit rule only if they are lending to the state or to a 100 per cent state owned entity. KPLC is not. Please grab a copy of KPLC's 2006 accounts and have a look at the information disclosed in the NOTES. When i asked the CEO of KPLC, they said those are monies on lent to them by the government and that Standard Chartered was just but an arranger. Which begs the question: if the sh 50 billion is on lent to them, why does it appear on KPLC's balance sheet in the first place and as money lent to them by Stanchart? Let's keep the discussion going

Because SCB is the syndicate arranger?

I have read the annual report.Standard Chartered PLC lent KPLC the money. The money is not guaranteed by GoK but KPLC has pledged some of its assets as securities. This is a commercial loan not on-lent. Commercial borrowings Standard Chartered Bank Loan (USD 350,000,000) 36,299,095 35,385,770 Standard Chartered Bank Loan 15,180,000 15,180,00 Standard Chartered Bank loans are secured by letters of negative pledge. All other loans are guaranteed by the Government of Kenya.

Title is sudan not south sudan.Those are two different countries