DAMN this Jacob Juma seem to know more than the government may think….. the corruotion buster has struck like LIGHTENING with a powerful dismissal of Dennis Itumbi and Hon Aden Duale as peddling wrong figures with numbers that dont add up!
Juma confirmed that Uhuru regime can only account for $600million of the $2.75Billion raised in EUROND
Here is Jacob Juma again!>>>
Fellow Kenyans, Aden Duale and Dennis Itumbi can ONLY account for $600 million of Eurobond that was used to pay syndicated bank loan that bought BVR Kits for 2013 elections out of $2.75 billion. What happened to the balance $2.15 billion EUROBOND money? They have been send by Uhuru to try and confuse the public in relation to my tweets and FB posts. We must all rise up and stop theft and embezzlement of public money and resources.
Meanwhile fellow Kenyans, yesterday, Mr. Dennis Itumbi posted details of Eurobond expenditure and among that list was Planning Department. He alleged that sh47.57 billion of Eurobond went to Planning Dept. What development work is done by Planning Department? Part of Eurobond was used to fund recurrent expenditure.
Is Duale and Itumbi aware that it is a breach of Public Finance & Management Act 2012 to fund recurrent expenditure with EUROBOND other than development? It is against the law. Breach of PFMA 2012. PFMA Act for 2012 stipulates that we can ONLY BORROW for DEVELOPMENT. We borrowed EUROBOND in June 2014 after this piece of legislation had been enacted. The people involved in this scandal MUST be PROSECUTED. Can I get answers from Itumbi on this?