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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Great African icon who was frustrated by western powers just to depict him as a failed statesman due to his unrelenting support to africans
Your Comment .rest in peace my best African president.i will dearly miss your words of wisdom more especially on Facebook.
Your Comment ooh mzee go rest in peace.
If Mugabe is dead everybody must die!Rest in peace
Your Commentrip bib Robert mugabe
Your Comment..y raila tumechoka na siasa ya baba na mama ruto state house kwanza mraithe jua huyo Ruto ndie amefanya Uhuru akapata prezo wacha wivu
Your Comment
let the dynasty grouped themselves,so that we can slaughter them at once.
When Murathe says "we" I wonder who it is that he is referring to. Anyway, I believe the road to state house for Dr.WSR might be bumpy but surely the Murathe's of this country can't stop Dr.WSR from getting there! I MIGHT BE WRONG BUT I AM RIGHT.
wow!very captivating news to read, thanks
Your Comment- well done for being smart in bed mheshimiwa,but also be smart in development for your constituents,so that you can excel in all aspects.