Wazua
»
Club SK
»
Politics
»
Yaani Eurobond billions are finished?
Rank: Member Joined: 1/1/2011 Posts: 396
|
limanika wrote:@ Banda, raos contention was that most of the money is still stashed abroad so actually what he wanted first is records of the transfers. Why rotich rushed to give list of allocation nobody knows. Ndii on the other hand arguing that what is being purported to be eurobond money was domestic borrowing. So let raos question be answered in full before projects are verified. Am particularly very keen what projects govt spent 400b in single year- 200b from eurobond and 250b from domestic borrowing. And really it's not fault finding. I really want govt to confirm that the money was well spent, I voted for them (hence responsible ) and will pay taxes to repay the loan. I wholeheartedly agree with you on this. We all need clear accountability for public funds. My dispute is that the former PM clearly knows how govt. fund raising, allocation, disbursement and explanation of expenditure works. If he was really keen to get to the bottom of this, he should have written to every Ministry asking them to publish the reports tabled in Parliament (since they've already accounted for their expenditures). And also, he, and every other private citizen, need to agree that they will not merely say that reports are doctored simply because these reports prove that nothing went wrong. Already, Rotich's report is being rubbished (i.e. no outcome is acceptable other than a report stating that money was stolen). He gave the same reports to both houses of Parliament (albeit in greater detail).
|
|
|
Rank: Veteran Joined: 9/21/2011 Posts: 2,032
|
@ Banda we may not like raos way but let his questions be answered. Kenyans are very smart, if he ends up with egg on his face the better. Coz if we don't get proper answers, many of us will stay home in 2017 and rao will carry the day. 50percent plus 1 no joke.
|
|
|
Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
|
jmbada wrote:limanika wrote:@ Banda, raos contention was that most of the money is still stashed abroad so actually what he wanted first is records of the transfers. Why rotich rushed to give list of allocation nobody knows. Ndii on the other hand arguing that what is being purported to be eurobond money was domestic borrowing. So let raos question be answered in full before projects are verified. Am particularly very keen what projects govt spent 400b in single year- 200b from eurobond and 250b from domestic borrowing. And really it's not fault finding. I really want govt to confirm that the money was well spent, I voted for them (hence responsible ) and will pay taxes to repay the loan. I wholeheartedly agree with you on this. We all need clear accountability for public funds. My dispute is that the former PM clearly knows how govt. fund raising, allocation, disbursement and explanation of expenditure works. If he was really keen to get to the bottom of this, he should have written to every Ministry asking them to publish the reports tabled in Parliament (since they've already accounted for their expenditures). And also, he, and every other private citizen, need to agree that they will not merely say that reports are doctored simply because these reports prove that nothing went wrong. A lready, Rotich's report is being rubbished (i.e. no outcome is acceptable other than a report stating that money was stolen). He gave the same reports to both houses of Parliament (albeit in greater detail). Funds allocation is not evidence of expenditure incurred.Read the PFM Act to know the role of National treasury before blindly advising people to write to respective ministries on how funds were spent If Obiero did it, Who Am I?
|
|
|
Rank: Veteran Joined: 9/21/2011 Posts: 2,032
|
@ swenani also note query on expenditure is subordinate. Rao want something like bank statements from majuu / cbk showing when funds were withdrawn / deposited. If everything is ok he will move to audit records of domestic borrowing. If everything is ok he will move to audit the actual projects. His plate is full for the next 1 year
|
|
|
Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
|
Swenani wrote:jmbada wrote:limanika wrote:@ Banda, raos contention was that most of the money is still stashed abroad so actually what he wanted first is records of the transfers. Why rotich rushed to give list of allocation nobody knows. Ndii on the other hand arguing that what is being purported to be eurobond money was domestic borrowing. So let raos question be answered in full before projects are verified. Am particularly very keen what projects govt spent 400b in single year- 200b from eurobond and 250b from domestic borrowing. And really it's not fault finding. I really want govt to confirm that the money was well spent, I voted for them (hence responsible ) and will pay taxes to repay the loan. I wholeheartedly agree with you on this. We all need clear accountability for public funds. My dispute is that the former PM clearly knows how govt. fund raising, allocation, disbursement and explanation of expenditure works. If he was really keen to get to the bottom of this, he should have written to every Ministry asking them to publish the reports tabled in Parliament (since they've already accounted for their expenditures). And also, he, and every other private citizen, need to agree that they will not merely say that reports are doctored simply because these reports prove that nothing went wrong. A lready, Rotich's report is being rubbished (i.e. no outcome is acceptable other than a report stating that money was stolen). He gave the same reports to both houses of Parliament (albeit in greater detail). Funds allocation is not evidence of expenditure incurred.Read the PFM Act to know the role of National treasury before blindly advising people to write to respective ministries on how funds were spent Waiguru is on record saying devolution ministry never received any eurobond money despite rotich saying they were given 45B.
|
|
|
Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
|
I am still waiting for calls demanding that rotich resign, or keter storming treasury to demand answers for missing billions. Seems the war against corruption has never been genuine but rather is meant to fight the mountaineers.
|
|
|
Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
|
Why blame Uhuru and not Rotich who is in charge of treasury? www.the-star.co.ke/news/...unts-uhuru-over-eurobond
|
|
|
Rank: Veteran Joined: 9/21/2011 Posts: 2,032
|
hardwood wrote:I am still waiting for calls demanding that rotich resign, or keter storming treasury to demand answers for missing billions. Seems the war against corruption has never been genuine but rather is meant to fight the mountaineers. All the planning appear largely URP affair - these guys have been in the game since 90s. so don't expect noises from there. Not surprising if PORk is shocked what unfolding b4 ver eyes
|
|
|
Rank: Elder Joined: 6/8/2013 Posts: 2,517
|
is it my ears or did raila claim " Euros 140B Dollars have been stolen..." "😖😡KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
|
Siringi wrote:is it my ears or did raila claim " Euros 140B Dollars have been stolen..." Eurobond 140B Dollars stolen. But your goggled ears are free to here anything! Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Wazua
»
Club SK
»
Politics
»
Yaani Eurobond billions are finished?
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|