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Yaani Eurobond billions are finished?
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limanika
#71 Posted : Saturday, December 05, 2015 10:05:42 AM
Rank: Veteran

Joined: 9/21/2011
Posts: 2,032
Rotich likely to get in hot soup sooner than later. Now Waiting for revised set to be published 'becoz the first set had some typo error'
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masukuma
#72 Posted : Saturday, December 05, 2015 10:14:53 AM
Rank: Elder

Joined: 10/4/2006
Posts: 13,823
Location: Nairobi
limanika wrote:
Rotich likely to get in hot soup sooner than later. Now Waiting for revised set to be published 'becoz the first set had some typo error'

between 'typos' and 'cartons for units' - I got tired of excuses!
All Mushrooms are edible! Some Mushroom are only edible ONCE!
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kollabo
#73 Posted : Saturday, December 05, 2015 10:48:43 AM
Rank: Veteran

Joined: 2/3/2012
Posts: 1,317
Rotich has published the full details

here

Haya basi tafuteni makosa.
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hardwood
#74 Posted : Saturday, December 05, 2015 10:54:27 AM
Rank: Elder

Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
kollabo wrote:
Rotich has published the full details

here

Haya basi tafuteni makosa.


We won't be hoodwinked by talk of the eurobond being used to "plug a budget hole" and "funding ghost infrastructure".
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kollabo
#75 Posted : Saturday, December 05, 2015 10:57:50 AM
Rank: Veteran

Joined: 2/3/2012
Posts: 1,317
C&P

18. Is there any Kshs. 140 Billion missing from the net proceeds of the Eurobond?

No. There is no missing Ksh. 140 billion. All the proceeds of the sovereign bond and the tap have been accounted for fully and this has been confirmed independently by the Controller of Budget. This allegations is because of a misinterpretation of the relevant Annex Table 2 (See Annexure II: Annex Table 2) of the Budget Review and Outlook Paper (BROP) and the Budget Policy Statement (BPS). These are the two key policy documents which are required to be submitted to Parliament under the Public Finance Management Act, 2012.
The correct interpretation of the two tables in the BROP and BPS is that out of the total Ksh. 250 billion of the sovereign bond, Ksh. 35 billion (shown as commercial financing) was utilized in fiscal year 2013/14 and the remaining amount of Ksh. 140.5 billion from the initial sovereign bond and the Ksh. 75 billion from the tap sales were used in FY 2014/15. It is clear therefore that the total of these amounts (35+140+75) is the total amount of the bond proceeds.


...Rotich rains on their parade.
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limanika
#76 Posted : Saturday, December 05, 2015 10:59:43 AM
Rank: Veteran

Joined: 9/21/2011
Posts: 2,032
kollabo wrote:
Rotich has published the full details

here

Haya basi tafuteni makosa.

For him to look us straight in the eye and declare 'no money was lost' and in the same sentence beg ministries to provide records of expenditure, is quite contradictory. ION, David ndii arguing that govt falsified local borrowing to make up. All in all,we await baba to do donkey work checking those accounts, their life depend on it
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  | | Edit by user: Saturday, December 05, 2015 11:02 AM | Reason: Not specified
kollabo
#77 Posted : Saturday, December 05, 2015 11:00:05 AM
Rank: Veteran

Joined: 2/3/2012
Posts: 1,317
hardwood wrote:
kollabo wrote:
Rotich has published the full details

here

Haya basi tafuteni makosa.


We won't be hoodwinked by talk of the eurobond being used to "plug a budget hole" and "funding ghost infrastructure".



No problem. Then shout about the infrastructure and publish your facts about the same.
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kollabo
#78 Posted : Saturday, December 05, 2015 11:01:47 AM
Rank: Veteran

Joined: 2/3/2012
Posts: 1,317
limanika wrote:
kollabo wrote:
Rotich has published the full details

here

Haya basi tafuteni makosa.

For him to look us straight in the eye and declare 'no money was lost' and in the same sentence beg ministries to provide records of expenditure, is quite contradictory. ION, David ndii arguing that govt falsified local borrowing to make up. All in all,we await baba to do donkey work checking those accounts, their life depends on it


Good. Am also waiting for Babu to publish his numbers.
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hardwood
#79 Posted : Saturday, December 05, 2015 11:05:27 AM
Rank: Elder

Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
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hardwood
#80 Posted : Saturday, December 05, 2015 11:07:32 AM
Rank: Elder

Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
kollabo wrote:
hardwood wrote:
kollabo wrote:
Rotich has published the full details

here

Haya basi tafuteni makosa.


We won't be hoodwinked by talk of the eurobond being used to "plug a budget hole" and "funding ghost infrastructure".



No problem. Then shout about the infrastructure and publish your facts about the same.


This is what rotich said zamani. Don't behave like sheep and believe the new lies.

http://www.the-star.co.k...eurobond-cash-was-spent

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  | | Edit by user: Saturday, December 05, 2015 11:10 AM | Reason: Not specified
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