See how taxpayer has lost 30 billion under Jubilee’s administration

The fight against corruption is proving a pipe dream in country as the nation has lost over Sh30 billion to corrupt deals in key state departments.

Such departments include; the Ministry of Water and Irrigation, National Youth Service, Kenya Pipeline Company, National Cereals and Produce Board, NHIF and the Ministry of Lands.

The National Cereals and Produce Board is reported to have lost Sh1.9 billion, Kenya Pipeline Company Sh2 billion, Kenya Power Sh470 million, National Youth Service (NYS) Sh10.5 billion and the latest Sh21 billion dam scandal that has been described as Kenya’s biggest scam since Jubilee took power in 2013.

Two cabinet secretaries and directors of about 107 firms have already been questioned by the Directorate Criminal of Investigations over the multi-billion-shilling scandal involving the construction of two dams which has unearthed major loopholes in the tendering process.

The cost of construction of Arror and Kamwarer dams in Elgeyo Marakwet County, a project that was to ensure more supply of water for domestic use, as well as irrigation, by expanding dam networks across the country, has generated more heat than light.

A significant proportion of the Sh21 billion meant to fund the dams has already been paid and at stake are huge loans the contractor borrowed.

The financial position of the contractor, CMC Di Ravenna of Italy, is in question with talk that it has applied for bankruptcy.

One of the shocking findings is CMC Di Ravenna, which is expected to deliver the dams that have since stalled amid corruption claims, never entered into any contract with Kenyan agencies.

Leave a Reply

Your email address will not be published. Required fields are marked *