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Yaani Eurobond billions are finished?
maka
#211 Posted : Friday, December 11, 2015 11:06:28 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
KulaRaha wrote:
Stupidest move ever.....really this GoK is full of retards. Arrest a crook, show you're serious about corruption. Arresting the Opposition is height of folly, this will backfire badly.
"Can the EACC arrest the former Prime Minister for failing to give it certain information? The powers given to the EACC under s. 13 of the Act do not include the power to arrest persons generally. The functions of the EACC are set out in Article 252 of the Constitution of Kenya 2010 and also under s. 11 of the Ethics and Anti-Corruption Commission Act. None of the functions includes the power to arrest persons generally. However, under s. 32 of the Anti-Corruption and Economic Crimes Act, No. 3 of 2003, "the Director [of EACC] and an investigator shall have power to arrest any person for and charge them with an offence, and to detain them for the purpose of an investigation, to the like extent as a police officer." This is the only provision that gives the EACC power to arrest, within that limited context. Therefore an arrest by EACC cannot be executed against a witness, or a potential witness like the former PM, but only against a person suspected to have been involved in a corruption-related act or omission. Finally, under s. 27 of the Anti-Corruption and Economic Crimes Act, the EACC may require any person to provide it with information in writing relating to a matter it is investigating. This person is not a witness but a suspect. In conclusion therefore, the EACC has no powers under the enabling legislation to arrest a potential witness in order to extract information from the witness or a potential witness."
possunt quia posse videntur
TAZ
#212 Posted : Friday, December 11, 2015 11:43:15 AM
Rank: Elder

Joined: 11/14/2007
Posts: 4,152
Sasa ni mbaya na huyu mzee, mara sijui he can't be summoned by a CS because he was PM now hawezi enda EACC. I don't understand why he can't go to the EACC and hand over whatever evidence he has that might assist in the investigations......kwani he's above the law that he can't be summoned by anyone? C'mon let's be serious na tuwache mambo ya Jubilee this CORD that.....
tycho
#213 Posted : Friday, December 11, 2015 11:44:01 AM
Rank: Elder

Joined: 7/1/2011
Posts: 8,804
Location: Nairobi
The government shouldn't appear to be too defensive when allegations about corruption, or wrong doing arise. So far that's the case, and it's a destabilizing factor.
tycho
#214 Posted : Friday, December 11, 2015 11:46:14 AM
Rank: Elder

Joined: 7/1/2011
Posts: 8,804
Location: Nairobi
TAZ wrote:
Sasa ni mbaya na huyu mzee, mara sijui he can't be summoned by a CS because he was PM now hawezi enda EACC. I don't understand why he can't go to the EACC and hand over whatever evidence he has that might assist in the investigations......kwani he's above the law that he can't be summoned by anyone? C'mon let's be serious na tuwache mambo ya Jubilee this CORD that.....
Does he have to be summoned?
KulaRaha
#215 Posted : Friday, December 11, 2015 11:47:32 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
tycho wrote:
TAZ wrote:
Sasa ni mbaya na huyu mzee, mara sijui he can't be summoned by a CS because he was PM now hawezi enda EACC. I don't understand why he can't go to the EACC and hand over whatever evidence he has that might assist in the investigations......kwani he's above the law that he can't be summoned by anyone? C'mon let's be serious na tuwache mambo ya Jubilee this CORD that.....
Does he have to be summoned?
Only suspects can be summoned, not witnesses. Its in the law, read above.
Business opportunities are like buses,there's always another one coming
TAZ
#216 Posted : Friday, December 11, 2015 11:57:55 AM
Rank: Elder

Joined: 11/14/2007
Posts: 4,152
tycho wrote:
TAZ wrote:
Sasa ni mbaya na huyu mzee, mara sijui he can't be summoned by a CS because he was PM now hawezi enda EACC. I don't understand why he can't go to the EACC and hand over whatever evidence he has that might assist in the investigations......kwani he's above the law that he can't be summoned by anyone? C'mon let's be serious na tuwache mambo ya Jubilee this CORD that.....
Does he have to be summoned?
Mr Mwangi said: “They decided to serve by way of legal notice a demand that Hon Raila Odinga goes to Integrity Centre. This notice has been issued under section 52 of National Police Service Act. That section is used when you have a person you think might end up being a witness.”
keraka
#217 Posted : Friday, December 11, 2015 12:33:38 PM
Rank: Member

Joined: 2/24/2010
Posts: 637
Location: Nairobi
Obi 1 Kanobi wrote:
Much Know wrote:
KulaRaha wrote:
KulaRaha wrote:
Much Know wrote:
Value of Kenyan Eurobond Falls Flat in Value in Global Markets! Congrats Raila Applause The common denominator in all of Kenyans problems, 1982 haikutosha, 2007 blood not enough, waiguru amehepa, umeshinda tena with your bunch of idiotic sycophants in destroying Kenya Applause Why not let the constitutional systems do their work? Why politicize everything to the obvious detriment of Kenyans.
LOOOOOOOOOOOOOOOOOOOOOL now its Raila's fault that market thinks you ate eurobond cash?
Quote:
“A significant portion of the increase in yield that we’ve seen recently has been due to the ongoing controversy regarding the management of the bonds,” John Ashbourne, an Africa economist at Capital Economics in London told Bloomberg news agency. Read more at: http://www.standardmedia...-at-irish-stock-exchange
d'oh! d'oh! d'oh! d'oh! d'oh! d'oh! d'oh! d'oh! d'oh! d'oh!
Seems you didn't wazua yesterday, the answers are a few threads back, and also on treasury website, how do you audit a budget line like "general budget items" on demand, some of this funds have to be accounted for from chiefs in wajir, to PS's to governors e.t.c, it cannot be done on demand!!!!!
@Muchknow, you really have to stop listening to Duale. Every year, Treasury (Read Rotich) carries a briefcase to parliament with budget estimates for the upcoming fiscal year. He knows (or I assume he should know) how every govt penny is to be spent before he releases it. He should therefore return to his briefcase and tell the public why the money was disbursed to ministries. There is no need to ask the chief what he spent the money on, he had no choice on whether to buy a goat with the money or blow it on whores at Karumaindo.
Word.
The only thing necessary for the triumph of evil is for good men to do nothing.
keraka
#218 Posted : Friday, December 11, 2015 12:35:52 PM
Rank: Member

Joined: 2/24/2010
Posts: 637
Location: Nairobi
TAZ wrote:
tycho wrote:
[quote=TAZ]Sasa ni mbaya na huyu mzee, mara sijui he can't be summoned by a CS because he was PM now hawezi enda EACC. I don't understand why he can't go to the EACC and hand over whatever evidence he has that might assist in the investigations......kwani he's above the law that he can't be summoned by anyone? C'mon let's be serious na tuwache mambo ya Jubilee this CORD that.....
Does he have to be summoned?
Mr Mwangi said: “They decided to serve by way of legal notice a demand that Hon Raila Odinga goes to Integrity Centre. This notice has been issued under section 52 of National Police Service Act. That section is used when you have a person you think might end up being a witness.”[/quo Is there anything they need from him which Jacob Juma(Kabetes) did not give them.
The only thing necessary for the triumph of evil is for good men to do nothing.
Jus Blazin
#219 Posted : Friday, December 11, 2015 12:59:04 PM
Rank: Elder

Joined: 10/23/2008
Posts: 3,966
I am not sure people have gone through the 18 pages on Eurobond or 15 letters/statements of Eurobond on the treasury website. That is where you start asking questions. Tuachane na side shows za politicians.
Luck is when Preparation meets Opportunity. ~ Lucius Annaeus Seneca
tycho
#220 Posted : Friday, December 11, 2015 1:19:35 PM
Rank: Elder

Joined: 7/1/2011
Posts: 8,804
Location: Nairobi
TAZ wrote:
tycho wrote:
TAZ wrote:
Sasa ni mbaya na huyu mzee, mara sijui he can't be summoned by a CS because he was PM now hawezi enda EACC. I don't understand why he can't go to the EACC and hand over whatever evidence he has that might assist in the investigations......kwani he's above the law that he can't be summoned by anyone? C'mon let's be serious na tuwache mambo ya Jubilee this CORD that.....
Does he have to be summoned?
Mr Mwangi said: “They decided to serve by way of legal notice a demand that Hon Raila Odinga goes to Integrity Centre. This notice has been issued under section 52 of National Police Service Act. That section is used when you have a person you think might end up being a witness.”
I concede that the summon may be lawful, and that it may be imperative for Raila to attend. I also see a political angle to the summons that makes me ask whether he in fact, has to be summoned. In my opinion, this approach may be too sensational and can be misused by the politicians to the detriment of the citizen. I'd probably go for an easier and more quiet option of the investigators arranging a meeting with the former PM on mutually agreeable terms . . .
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