The Looters’ Paradise: Ksh 25 Billion More Allocated for Dams

By Soko Directory Team / May 16, 2019




Even before the dust on the whereabouts of 21 billion shillings allocated for the construction of Kimwarer and Aror Dams, the Treasury has allocated 25 billion shillings more for the construction of other dams.

According to the ongoing investigations, a total of 21 billion shillings that had been allocated for the construction of Kimwarer and Aror dams cannot be accounted for.

The Directorate of Criminal Investigation (DCI) is still following up the case with already senior officials within the government including cabinet secretaries having recorded their statements.

The Deputy President is on record having disputed the disappearance of the 21 billion shillings and said that “only 7 billion shillings is the one that cannot be accounted for.”

But even as the inquiry into the 21 billion dam scandal goes, the Treasury seems to have felt mercy for the looters, or let us just say the Treasury is philanthropic for it has allocated 25 billion shillings more for the construction of the “imaginary dams.”

In the expenditure plan for the 2019/2020 fiscal year that has already been tabled before the National Assembly, dams will account for more than a third of the 72.3 billion shillings earmarked for projects in the agricultural sector.

Related Content

The Looters Paradise

The looters in Kenya seems to have realized that Kenyans react too quickly and forget too soon. They know their timing, when to allocate and when to loot.

The long rains failed. Kenya is likely to face the worst food crisis in decades. The government had promised to construct a total of 24 dams. Ever since the promise was made, money has been disappearing with no dams appearing.

Kenya loses at least 1 trillion shillings or a third of the national budget to corruption each year with the perpetrators still walking free and enjoying the loot. No major corrupt official has ever been convicted and jailed.

Corruption scandals have amounted to a total of 6,652,459,800,000 shillings since 2013 under President Uhuru’s governance, according to Corruption Tracker.

When you think of Uhuru’s administration, what comes to your mind? That’s right; Corruption, Debts, and Scandals.

When the Jubilee administration came into power in 2014, Kenyans had so much hope and expectations from the administration as they depicted a breath of fresh air in the political scene.

However, corruption scandals and misuse of public funds started in the first term of Uhuru’s presidency and have continued to occur up to date



About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

View other posts by Soko Directory Team


More Articles From This Author








Other Related Articles










SOKO DIRECTORY & FINANCIAL GUIDE

ARCHIVES

2019
  • January 2019 (256)
  • February 2019 (216)
  • March 2019 (285)
  • April 2019 (254)
  • May 2019 (272)
  • June 2019 (251)
  • July 2019 (339)
  • August 2019 (293)
  • September 2019 (307)
  • October 2019 (158)
  • 2018
  • January 2018 (291)
  • February 2018 (219)
  • March 2018 (278)
  • April 2018 (225)
  • May 2018 (238)
  • June 2018 (178)
  • July 2018 (257)
  • August 2018 (249)
  • September 2018 (256)
  • October 2018 (287)
  • November 2018 (284)
  • December 2018 (187)
  • 2017
  • January 2017 (183)
  • February 2017 (195)
  • March 2017 (207)
  • April 2017 (104)
  • May 2017 (169)
  • June 2017 (205)
  • July 2017 (190)
  • August 2017 (195)
  • September 2017 (186)
  • October 2017 (235)
  • November 2017 (253)
  • December 2017 (266)
  • 2016
  • January 2016 (165)
  • February 2016 (165)
  • March 2016 (190)
  • April 2016 (143)
  • May 2016 (245)
  • June 2016 (182)
  • July 2016 (271)
  • August 2016 (248)
  • September 2016 (234)
  • October 2016 (191)
  • November 2016 (243)
  • December 2016 (153)
  • 2015
  • January 2015 (1)
  • February 2015 (4)
  • March 2015 (166)
  • April 2015 (108)
  • May 2015 (116)
  • June 2015 (120)
  • July 2015 (148)
  • August 2015 (157)
  • September 2015 (188)
  • October 2015 (169)
  • November 2015 (174)
  • December 2015 (207)
  • 2014
  • March 2014 (2)
  • 2013
  • March 2013 (10)
  • June 2013 (1)
  • 2012
  • March 2012 (7)
  • April 2012 (15)
  • May 2012 (1)
  • July 2012 (1)
  • August 2012 (4)
  • October 2012 (2)
  • November 2012 (2)
  • December 2012 (1)
  • 2011
    2010
    2009
    2008
    2007
    2006
    2005
    2004
    2003
    2002
    2001
    2000
    1999
    1998
    1997
    1996
    1995
    1994
    1993
    1992
    1991
    1990
    1989
    1988
    1987
    1986
    1985
    1984
    1983
    1982
    1981
    1980
    1979
    1978
    1977
    1976
    1975
    1974
    1973
    1972
    1971
    1970
    1969
    1968
    1967
    1966
    1965
    1964
    1963
    1962
    1961
    1960
    1959
    1958
    1957
    1956
    1955
    1954
    1953
    1952
    1951
    1950