FRM2011 wrote:
Borrowed from Ephraim Njenga on FB
"MYSTERY OVER JUBILEE'S KSHS 2.2 TRILLION BORROWING
According to figures from Economic Survey Report 2017 by Kenya National Bureau of Statistics (KNBS) Jubilee government has spent KShs 437.9 Billion on roads from 2013 including the amount projected for up to June 2017. The amount borrowed for SGR so far is KShs 327 Billion. If you add the two amounts you get a total of KShs 764.9 Billion.
Jubilee government has borrowed KShs 2.2 Trillion since coming into office. If you subtract the amount spent on SGR and road you get a balance of KShs 1.4 Trillion. Which other projects account for this KShs 1.4 Trillion?"
This is how rumours start.
Of course we know money is been stollen but give us facts, without facts, it's water under the bridge.
Was all the money borrowed for roads and rail? Who was the money borrowed from, for what reason, was it accomplished or not and how much is in reserve? Is there an auditor general's report?
BBI will solve it :)