Investigations have revealed that Kenya received Ksh 16.2 billion from an Italian bank, Intensa San Paolo for the construction of Arror and Kimwarer dams when the investigations into misuse of funds were going on.
The Treasury Public debt registry reveals that the Italian bank transferred billions in the year starting July 2019, a few days after Treasury CS Henry Rotich was arrested over misuse of the funds meant for construction of the two dams.
This shows tha the arrest and the investigations of a suspected loan deal to finance the dams did not stop the bank from releasing additional debt for the project.
The register shows Kenya had received Ksh 3.4 billion before July 2019 when reports of an investigation into the alleged misuse of funds linked to the construction of the two dams were in the public domain.
In September 2019, President Uhuru Kenyatta cancelled the project after receiving reports from a task force that he formed to investigate the irregularities in the construction of the two dams.
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Good work Peris
Your Comment. waste time nautapata kiti ya kibra.
Your Comment usitishiwe n mtu unatosha my bro
mihadarati ni bhang
McDonald if fit for the job, why are you underrating youths whenever they want to seek leadership?...... Mariga GO! GO!.........
Your Comment Ruto,Khalwale and Mariga will be crushed by the ODM juggernaut by 9am.
main n acting..ndo tuaje mihadarati
what a day to be in South Africa.How does killing innocent bring justice on your land instead it just bring mysery to your country.What a shame!We were counted to be amongst the most peaceful contininent.,but now what is the rest of the world thinking about us.BE CAREFUL FOR THAT WILL BE THE WAY YOU'LL END YOUR WELL BEING.SAY NO TO XENOPHOBIA
R.I.P an African great nationalist
op he will b missed for his corrupted leadership not only in Zimbabwe but also in Africa. hahaha RIP