How Kenyans will pay 21 billion loan for ghost project only on paper

Image result for images of Kimwarer and arror dam project

You think National Youth Service scandal is major until you find out what other officials have been hiding while we focused on other criminals at the top.

Aside from the mysterious Jomo Kenyatta takeover saga that is taking over the headlines,dam construction embezzlement is also competing for the biggest saga trophy.

After paying Sh21 billion to a bankrupt Italian firm to build two dams, the National Treasury has something to show for it thickets and a seasonal stream.

In what is turning out to be a multibillion-shilling phantom project, the Sh65 billion Kimwarer and Arror dams only appear in the fertile imagination of Kerio Valley Development Authority officials and the Treasury, who are now under investigations.

As a matter of fact, officials of the two institutions do not even know where in Elgeyo-Marakwet County the dams should be.

How a bill of quantities was arrived at without the design has baffled investigators, who are trying to unwrap a puzzle that may bring down several Cabinet secretaries.

Image result for images of Kimwarer and arror dam project

On February 7 last year, detectives were in the area to conduct an aerial scene investigation.

“We are working with hydrologists to tell us if this seasonal river is viable for such a dam,” Mr Kinoti said.

But even as investigations into the fraud begin, trouble is already brewing.

Banks that loaned the country Sh65 billion for the two dams have written to the Treasury seeking a settlement of their demand notes.

This means Kenya will start repaying loans for a project that exists only on paper.

Leave a Reply

Your email address will not be published.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