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If you thought the MPs are bad!!
urstill1
#101 Posted : Friday, October 18, 2013 4:40:27 PM
Rank: User

Joined: 9/6/2013
Posts: 1,446
Location: In a house
Lolest! wrote:
This 'eating' in govt could be one source of the crazy demand we have for real estate. This money will usually not be catered for in monthly budget. You can then use it for other uses like buying plots at whatever price or take a holiday. I know a parastatal where the office is never full. Trips out of office and out of country kukulia per diem. 8-15k per day. All expenses catered ie meals accomo etc. Halafu unaskia jamaa wako out for 2 months sijui training sijui exchange prog with similar organisations!


By the way, why is that all seminars and training have to be taken to Mombasa or some posh resort in Tsavo or Naivasha? Kwani these offices don't big meeting rooms?
urstill1
#102 Posted : Friday, October 18, 2013 4:42:19 PM
Rank: User

Joined: 9/6/2013
Posts: 1,446
Location: In a house
Gathige wrote:
washiku wrote:
Niliona hii pahali...Dont know how true it is




Seems like the most expensive bums around. All that cash for sitting down!


MP's are watching closely
murchr
#103 Posted : Friday, October 18, 2013 5:20:07 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
urstill1 wrote:
murchr wrote:
InnovateGuy wrote:
nakujua wrote:
ceo 500k -> 1.6 billion worth shopping mall
househelp 5k -> 16 million worth supermarket


It would 3200 months for a guy earning Kshs. 500,000 to make Kshs. 1.6 B. In short, it would take him 266 years to make 1.6 B without even spending a dime on his salary! Acheni mchezo.


So according to you those who have made it in life have hoarded their salos to their achievement? Ha ha...at one time in my life i was earning a 20k salo but my side show was earning close to 10 times that. @InnovateGuy, no one ever gets rich from a salary.

@Mawinder I know some bankers peep at peoples bank statements but surely who has one bank account? Kama ukona moja basi not everyone has one because the baada ya kazi businesses that have their own accounts....ile yako ya kuuza miwa umeweka kwa ac ya salo? Shame on you


Issue is, he has a FULLTIME job as a govt MD earning 0.5m yet he is putting up a mall worth 1.6B. How now? Had he resigned like 5years ago and built his dynasty over that time, it would have been a little bit understandable. In this case, it is not.


Kwani govt employees cant own farms, or firms or import stuff on the side like the rest? The only problem would be if he transacted with the state organization otherwise its completely in order for him to own property and transact business. Wachaneni the witch hunt the man is simply street smart which you arent. And for him to get to where he is not he was not just sitting and watching waiting for a salary...bure!
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
InnovateGuy
#104 Posted : Friday, October 18, 2013 5:30:21 PM
Rank: Veteran

Joined: 11/15/2012
Posts: 1,110
murchr wrote:
urstill1 wrote:
murchr wrote:
InnovateGuy wrote:
nakujua wrote:
ceo 500k -> 1.6 billion worth shopping mall
househelp 5k -> 16 million worth supermarket


It would 3200 months for a guy earning Kshs. 500,000 to make Kshs. 1.6 B. In short, it would take him 266 years to make 1.6 B without even spending a dime on his salary! Acheni mchezo.


So according to you those who have made it in life have hoarded their salos to their achievement? Ha ha...at one time in my life i was earning a 20k salo but my side show was earning close to 10 times that. @InnovateGuy, no one ever gets rich from a salary.

@Mawinder I know some bankers peep at peoples bank statements but surely who has one bank account? Kama ukona moja basi not everyone has one because the baada ya kazi businesses that have their own accounts....ile yako ya kuuza miwa umeweka kwa ac ya salo? Shame on you


Issue is, he has a FULLTIME job as a govt MD earning 0.5m yet he is putting up a mall worth 1.6B. How now? Had he resigned like 5years ago and built his dynasty over that time, it would have been a little bit understandable. In this case, it is not.


Kwani govt employees cant own farms, or firms or import stuff on the side like the rest? The only problem would be if he transacted with the state organization otherwise its completely in order for him to own property and transact business. Wachaneni the witch hunt the man is simply street smart which you arent. And for him to get to where he is not he was not just sitting and watching waiting for a salary...bure!



Boss, I have nothing against guys using the right channels to make their lives better. I'm against embezzlement, misappropriation and plunder of government resources. Is your guy "clean"?
Live Full Die Empty - Les Brown.
murchr
#105 Posted : Friday, October 18, 2013 6:55:34 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
InnovateGuy wrote:
murchr wrote:
urstill1 wrote:
murchr wrote:
InnovateGuy wrote:
nakujua wrote:
ceo 500k -> 1.6 billion worth shopping mall
househelp 5k -> 16 million worth supermarket


It would 3200 months for a guy earning Kshs. 500,000 to make Kshs. 1.6 B. In short, it would take him 266 years to make 1.6 B without even spending a dime on his salary! Acheni mchezo.


So according to you those who have made it in life have hoarded their salos to their achievement? Ha ha...at one time in my life i was earning a 20k salo but my side show was earning close to 10 times that. @InnovateGuy, no one ever gets rich from a salary.

@Mawinder I know some bankers peep at peoples bank statements but surely who has one bank account? Kama ukona moja basi not everyone has one because the baada ya kazi businesses that have their own accounts....ile yako ya kuuza miwa umeweka kwa ac ya salo? Shame on you


Issue is, he has a FULLTIME job as a govt MD earning 0.5m yet he is putting up a mall worth 1.6B. How now? Had he resigned like 5years ago and built his dynasty over that time, it would have been a little bit understandable. In this case, it is not.


Kwani govt employees cant own farms, or firms or import stuff on the side like the rest? The only problem would be if he transacted with the state organization otherwise its completely in order for him to own property and transact business. Wachaneni the witch hunt the man is simply street smart which you arent. And for him to get to where he is not he was not just sitting and watching waiting for a salary...bure!



Boss, I have nothing against guys using the right channels to make their lives better. I'm against embezzlement, misappropriation and plunder of government resources. Is your guy "clean"?



What do you have on him? Your argument was that based on his salary of 0.5M he cant put up a 1.6B mall...My view is that ones salary should not be a measure of wealth, there are other ways of making money.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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