Archive for January, 2016

Rao

Opposition leader Raila Odinga has finally unveiled the much awaited list of people he claims were involved in the Eurobond Saga.  The CORD principal made the announcement today a a press conference at Serena hotel accompanied by leaders from his party.

Here is the list of the eight people the CORD leader says are ‘persons of in interest’ in the saga

  1. Treasury Cabinet Secretary Henry Rotich
  2. Treasury Principal Secretary Kamau Thuge
  3. Former Central Bank (CBK) Governor Njuguna Ndungu
  4. Central Bank Chairman (CBK) Jairus Nyaoga
  5. Head of Public Service Joseph Kinyua
  6. CBK Acting Director, in charge of Financial Markets department  John K. Birech.
  7. Moses Muthui
  8. Benard Ndungu.

Raila Odinga also wants JP Morgan and the Federal Reserve Bank of New York to provide information on the Eurobond “lest they find themselves implicated”. He termed the Eurobond saga as theft that has never seen before in our country saying the Eurobond money has been stolen in an elaborate scheme led by Kenyan government.

“We expect top Treasury officials to step aside and an international forensic firm appointed to investigate the Eurobond transactions,” he said.

He added that the eight should take responsibility for the Sh250 billion Eurobond money which cannot be accounted for.

 

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943405_1186670061361529_3986929747927194370_nDeputy President has recently been hosting delegates at his Sugoi home in Uasin Gishu county to  campaign for the Jubilee party. So far, he has hosted more that 12,000 delegates.

Jubilee Party is the political vehicle that President Uhuru Kenyatta and the DP plan to use to go another term come the next general elections in August 2017.

According to the Start Newspaper, the Deputy president has so far used an estimated Sh100 million in hosting the delegates from the different regions. The cost include transport, accommodation, food, drink and handouts to delegations.

According to the Star, before delegates came calling, the DP bought about Sh3 million goats for the feasts from the famous Kimalel goat auction in Baringo. Sources privy to entertainment deatils also told the Start that each ‘ordinary’ delegate got Sh3,000-Sh5,000 “as bread and milk for their families.”

Delegation leaders who include governors, senators, MPs, MCAs and prominent figures are said to be getting Sh50,000-Sh100,000, depending on their status.

Well, this is of course a topic that is going to generate so much debate. Critics will argue what the Deputy president is doing is not right. This is the same tactic former president Moi was using, gathering delegates at State House and his Kabarak home dishing out handout for the same.

2017 is is almost here and we should just expect more of such as as politicians try to woe leaders from different parts of the country to support them come the general elections.

Question is, is it the right tactic and is it going to work?