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Kiunjuri worth 800m
Impunity
#21 Posted : Thursday, December 17, 2015 4:01:49 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,335
Location: Masada
kaka2za wrote:
So Collymore earns more than 300K per day?! Ni sawa tu.


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Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

ole3
#22 Posted : Thursday, December 17, 2015 4:07:45 PM
Rank: Member

Joined: 1/9/2015
Posts: 188
Impunity wrote:
kaka2za wrote:
So Collymore earns more than 300K per day?! Ni sawa tu.


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly



smile smile smile
Swenani
#23 Posted : Thursday, December 17, 2015 4:25:30 PM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
ole3 wrote:
Impunity wrote:
kaka2za wrote:
So Collymore earns more than 300K per day?! Ni sawa tu.


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly



smile smile smile

Quote:
A dream is an illusion worth chasing
If Obiero did it, Who Am I?
guru me
#24 Posted : Thursday, December 17, 2015 7:47:15 PM
Rank: New-farer

Joined: 6/27/2011
Posts: 63
hardwood wrote:
Yep. So baba should not complain when he buys a house at Kihingo at a mere 150m or an aston martin at some paltry 20m after he becomes CS.

http://www.businessdaily...2/-/ujpoidz/-/index.html


I personally take issue with all this wealth declaration business.

Firstly, they do not establish the source of the declared wealth. All it does is establish a status regardless of where the wealth came from. It should be a more robust interrogation.

Secondly, it seems to be a self declaration. There is an incentive to both under declare- so as not to raise eyebrows - and over declare - to create a pad for when u do steal so u can claim u were always worth so much.
The wealth needs to be verified by an external and independent party.



newfarer
#25 Posted : Thursday, December 17, 2015 8:01:26 PM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
Hope kra will be making a polite courtesy call on the cs. Though with jubilee, this is expecting too much.
punda amecheka
murchr
#26 Posted : Thursday, December 17, 2015 8:06:10 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
guru me wrote:
hardwood wrote:
Yep. So baba should not complain when he buys a house at Kihingo at a mere 150m or an aston martin at some paltry 20m after he becomes CS.

http://www.businessdaily...2/-/ujpoidz/-/index.html



I personally take issue with all this wealth declaration business.

Firstly, they do not establish the source of the declared wealth. All it does is establish a status regardless of where the wealth came from. It should be a more robust interrogation.

Secondly, it seems to be a self declaration. There is an incentive to both under declare- so as not to raise eyebrows - and over declare - to create a pad for when u do steal so u can claim u were always worth so much.
The wealth needs to be verified by an external and independent party.



Source is no issue, If I get 20 000 as salary and I take 10 000 to a sacco or to invest that money in a calf which i sell later at 200 000. I will be not at the same level with you who used that 20 k to pay rent and charm some gals in clubs.
"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
.
limanika
#27 Posted : Thursday, December 17, 2015 8:10:21 PM
Rank: Veteran

Joined: 9/21/2011
Posts: 2,032
What's the purpose of declaration if 1) nobody asks how you acquired 2) you don't declare what's covertly recorded in names of your family members/nominees
guru me
#28 Posted : Thursday, December 17, 2015 9:34:10 PM
Rank: New-farer

Joined: 6/27/2011
Posts: 63
[/quote] Source is no issue, If I get 20 000 as salary and I take 10 000 to a sacco or to invest that money in a calf which i sell later at 200 000. I will be not at the same level with you who used that 20 k to pay rent and charm some gals in clubs.[/quote]


Off course source is an issue.

You are totally missing the point. The issue is not who invested better or who misused his earnings. The issue is whether your net worth is from legitimate sources at the time of declaration.

The spirit of the declaration exercise is to ensure you did not acquire wealth through dubious means and you wil not use your new position to acquire unexplained wealth through nefarious ways either.

It is not to gauge your personal finance or farming skills.
murchr
#29 Posted : Thursday, December 17, 2015 9:55:52 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
guru me wrote:
Source is no issue, If I get 20 000 as salary and I take 10 000 to a sacco or to invest that money in a calf which i sell later at 200 000. I will be not at the same level with you who used that 20 k to pay rent and charm some gals in clubs.[/quote]


Off course source is an issue.

You are totally missing the point. The issue is not who invested better or who misused his earnings. The issue is whether your net worth is from legitimate sources at the time of declaration.

The spirit of the declaration exercise is to ensure you did not acquire wealth through dubious means and you wil not use your new position to acquire unexplained wealth through nefarious ways either.

It is not to gauge your personal finance or farming skills.[/quote]

The reason why they declare is so that they are gauged on how they will acquire more wealth from their day of employment. Not to check up their history. Besides, if they stole the EACC should have caught that already

There are more than 1001 ways of making money and if the govt starts following on the "how", that will be a task by its self
"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
.
hardwood
#30 Posted : Thursday, December 17, 2015 10:00:22 PM
Rank: Elder

Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
At least he is already rich and therefore wont steal from us.
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