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Anglo-Leasing Payout
Angelica _ann
#51 Posted : Wednesday, April 30, 2014 8:55:55 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,937
Swenani wrote:
@Washiku, where are you getting the Kshs. 1.6 b from. In my understanding it is Kshs.120b +.

http://www.standardmedia...-anglo-leasing-payments






This is about 10% of annual budget for Kenya. How is that possible!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
alma
#52 Posted : Wednesday, April 30, 2014 9:44:30 AM
Rank: Elder

Joined: 7/20/2007
Posts: 4,432
Thanks accel for reminding me of that article.

Washiku, the gov't has every right not to pay for this so called debt. It is clearly a con game.

BUT

They have no intention of ever fighting it. Just lip service.

Leading me to the conclusion that they are just as corrupt as the previous nusu mkate gov't.
Jose: If I make it through this thug life, I'll see you one day. The Lord is the only way to stop the hurt.
washiku
#53 Posted : Wednesday, April 30, 2014 9:56:04 AM
Rank: Chief

Joined: 5/9/2007
Posts: 13,095
Swenani wrote:
@Washiku, where are you getting the Kshs. 1.6 b from. In my understanding it is Kshs.120b +.

http://www.standardmedia...-anglo-leasing-payments






The current figure before parliament is 1.4b. The cost was 1.6 but the govt was able to "negotiate" to 1.4b. This is out of the cases that have already been concluded, not the whole anglo-leasing contracts figures. In my opinion, apart from the fact that there is no justification whatsover in paying this figure, If they pay this one it will only open bigger gates for the other related "companies" to also go to court and they will claim there is precedence as they argue their case. That would see us paying all the anglo-leasing figures totalling to many billions of shillings. Again, maybe the fat cats are trying to test waters using these and giving "loss of court case" as an excuse, after which they will lose all the other cases and pay out those figures to themselves. Who are the owners of those companies? When were they registered? Where? In view of their registration dates, when were the contracts signed? Regardless of when they were signed, did they deliver whatever they were supposed to deliver? From a political point of view, Uhuru told us then we were not supposed to pay because they were fictitious, now he is incharge, why should he pay fictitious figures? Ruto said the case is with parliament, he has the majority, cant he whip them to shoot it down and then go tell Britain that our parliament has not authorised? Britain, being our partners in fighting this crime, what is their view? How can they help?
There are so many un-answered questions...
washiku
#54 Posted : Wednesday, April 30, 2014 9:59:45 AM
Rank: Chief

Joined: 5/9/2007
Posts: 13,095
Angelica _ann wrote:
washiku wrote:
A very nice article @accel....thank you. There is absolutely no justification why we should pay even a single shilling for that, however nicely that justification may be sugar-coated.

Have you noticed you are all 'alone' in this crusade of not payings. Others thing we need to pay to give GoK credit rating of triple A plus in order for cheap borrowing to fund budget 'deficits'!


Should credit rating be that expensive?
ecstacy
#55 Posted : Wednesday, April 30, 2014 11:17:11 AM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
The Deputy President has categorically said the current GoK has no intention of paying for this. Let us walk the talk when it comes push and shove.
alma
#56 Posted : Wednesday, April 30, 2014 11:24:50 AM
Rank: Elder

Joined: 7/20/2007
Posts: 4,432
ecstacy wrote:
The Deputy President has categorically said the current GoK has no intention of paying for this. Let us walk the talk when it comes push and shove.


So why does his gov't push this issue back to parliament?

Hiyo ni mdomo tu.

Trying to look for excuses to pay.
Jose: If I make it through this thug life, I'll see you one day. The Lord is the only way to stop the hurt.
Angelica _ann
#57 Posted : Wednesday, April 30, 2014 11:25:47 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,937
washiku wrote:
Angelica _ann wrote:
washiku wrote:
A very nice article @accel....thank you. There is absolutely no justification why we should pay even a single shilling for that, however nicely that justification may be sugar-coated.

Have you noticed you are all 'alone' in this crusade of not payings. Others thing we need to pay to give GoK credit rating of triple A plus in order for cheap borrowing to fund budget 'deficits'!


Should credit rating be that expensive?

Not my idea but some arguement in the office!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
ecstacy
#58 Posted : Wednesday, April 30, 2014 11:31:59 AM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
alma wrote:
ecstacy wrote:
The Deputy President has categorically said the current GoK has no intention of paying for this. Let us walk the talk when it comes push and shove.


So why does his gov't push this issue back to parliament?

Hiyo ni mdomo tu.

Trying to look for excuses to pay.


What is wrong with that? Dude, it cannot just be an Executive Order!
alma
#59 Posted : Wednesday, April 30, 2014 11:40:39 AM
Rank: Elder

Joined: 7/20/2007
Posts: 4,432
ecstacy wrote:
alma wrote:
ecstacy wrote:
The Deputy President has categorically said the current GoK has no intention of paying for this. Let us walk the talk when it comes push and shove.


So why does his gov't push this issue back to parliament?

Hiyo ni mdomo tu.

Trying to look for excuses to pay.


What is wrong with that? Dude, it cannot just be an Executive Order!


Yeah right!

Today parliament will pass a motion stating that they really hate the idea but will instruct the executive to pay.

Then they will go on recess. Just on que.

Then we shall stop posting on wazua. And we shall forget.

Oh...I forgot...Until Raira says that he actually loves white people and another thread will start lasting 300 posts in 2 hours.
Jose: If I make it through this thug life, I'll see you one day. The Lord is the only way to stop the hurt.
washiku
#60 Posted : Wednesday, April 30, 2014 11:52:24 AM
Rank: Chief

Joined: 5/9/2007
Posts: 13,095
ecstacy wrote:
alma wrote:
ecstacy wrote:
The Deputy President has categorically said the current GoK has no intention of paying for this. Let us walk the talk when it comes push and shove.


So why does his gov't push this issue back to parliament?

Hiyo ni mdomo tu.

Trying to look for excuses to pay.


What is wrong with that? Dude, it cannot just be an Executive Order!


@Ectasy, let me explain why personally I have a problem with it. Read this article: http://www.capitalfm.co....wont-pay-anglo-leasing/

I quote "“We have not paid any single cent and we are not intending to part with any single coin in payment for dubious projects whose origin we don’t know about. We know there is a court ruling that the government pays Sh1.4 billion but we have said Parliament will have the final say on the matter,” said Ruto."

On one side Ruto says, govt dont want to pay, but goes ahead to say "Parliament will have the final say"...Now listening to the MP today in the morning, that Langat guy, says they will be recomending the govt to pay. Just as this article says. Now, if the FINAL SAY is by parliament, and the parliament is showing an indication they will recomend payment, what next? Ruto should have just said clearly whether he is paying or not, and not leave it to parliament. As it stands now, he told us the parliament will decide, its like he transfered the decision to some other party, so as to leave a loop hole of "We were not willing to pay, its just that the parliament decided we should, and thus we had no option" Remember parliament is actually getting advise from AG and the Treasury boss, both of whom speaks for the Executive anyway, and therefore I assume they are speaking for their boss.
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