Serious questions are being raised over a controversial decision by the Football Kenya Federation (FKF) to award a multimillion-shilling insurance contract to a little-known firm ahead of last year’s African Nations Championship (CHAN).
Documents seen by this publication indicate that FKF paid $328,735 (approximately Sh42.4 million) to Riskwell Insurance Brokers Limited for civil liability cover required during the tournament—despite the firm having been registered barely two months earlier.
The provision of a $30 million (about Sh3.8 billion) civil liability cover was a mandatory requirement set by the Confederation of African Football (CAF) for co-hosting nations—Kenya, Uganda, and Tanzania.
In a letter dated July 17, 2025, then FKF Chief Executive Officer Harold Ndege outlined the federation’s efforts to secure the cover, stating that quotations had been obtained from three established insurers: Takaful Insurance, Old Mutual, and Britam.
According to the letter, Britam offered the lowest bid at $226,013 (about Sh29.1 million), covering general civil liability, employee-related risks for CAF and the Local Organising Committee (LOC), and medical cover for staff during the tournament.
However, FKF ultimately paid a significantly higher amount to Riskwell Insurance Brokers without any documented explanation for the change.
The payment, made on August 4, 2025, was reportedly authorized by FKF President Hussein Mohammed, transferring funds from an Ecobank account to Riskwell’s account at First Community Bank.
Records show Riskwell Insurance Brokers Limited was registered on June 25, 2025, with three directors—Mohamud Yarrow Ibrahim, Nyairo Tom Nyairo, and Abdullahi Mohamud Sheikh. Sheikh holds the largest shareholding at 400 shares, while the other two directors each hold 300 shares.
Further concerns have emerged over potential conflict of interest, with indications that one of the company’s shareholders is related to a senior FKF official.
Efforts to obtain a response from FKF officials were unsuccessful. Acting CEO Dennis Gacheru did not respond to calls or queries, while President Hussein Mohammed also remained silent on the matter.
Meanwhile, Nicholas Musonye, who chaired the CHAN Local Organising Committee, maintained that all CAF requirements were met.
“CAF would not have allowed the tournament to go ahead without the insurance coverage. It was a key requirement,” Musonye said, declining to disclose the firm that provided the cover.
The unfolding revelations raise fresh concerns about procurement practices within FKF and could trigger scrutiny from oversight bodies over the handling of public and tournament-related funds.
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