Have you guys watched the Malaysian Sovereign Wealth Fund scandal called the 1MDB scandal?
Mtaelewa why Ruto is not reading from Singapore or Norway. He is learning from Malaysia. One of the biggest heist in history.
We know the Ruto regime is broke, that one is no longer a debate, because every new policy now looks like Treasury searching under mattresses for money.
We know that even if they are handed Sh1 trillion from SACCOs, the same tender games will start, costs will balloon, projects will be revised, brokers will appear, and politically connected tender boys will become richer overnight.
They are telling SACCO members that their money will go into infrastructure, but nobody is explaining when those roads, airports or projects will zaa matunda and return real money to the teacher, nurse, farmer, trader or boda rider whose savings were touched.
Kenyans have already seen this movie, where a project starts with clean English, moves into inflated contracts, disappears into tender corridors, then returns years later as a scandal that nobody is punished for.
Why are we pretending this is development financing when everybody can smell the scam from the gate, especially after the same government borrowed everywhere, taxed everything, sold assets and still came back for private savings.
Call it what it is.
This is a scam in an infrastructure helmet.
After SACCOs, Banks And M-Pesa Are Next As Kenyans Become Guarantors For A Debt Crisis They Never Ate
Kenyans must stop asking why Kenya has not defaulted and start asking who is being prepared to carry the default when the music finally stops.
Ghana was here.
Sri Lanka was here.
Zambia was here.
Argentina was here.
Lebanon was here.
The script is always the same, because a broke government borrows until lenders get tired, taxes until citizens are dry, leans on banks until credit disappears, pushes pain into pensions and domestic savings, then tells the public that sacrifice is needed to save the country.
That is why the SACCO story should scare Kenyans more than they currently seem scared, because SACCO savings are not government money, they are the private sweat of teachers, police officers, nurses, farmers, matatu people, boda riders, mama mbogas, small traders and workers who ran there after banks abandoned them.
In every default story, the government does not stand alone at the edge of the cliff, because it drags citizens there as guarantors through inflation, taxes, currency pain, bank losses, pension restructuring, frozen credit and forced patriotic nonsense dressed up as national recovery.
Banks already formed a comfortable debt circle with government, where lending to Treasury became safer and sweeter than lending to SMEs, which slowly choked biashara, starved the real economy and turned ordinary Kenyans into beggars inside their own banking system.
Now the same government that fed banks with public debt is walking into SACCOs, looking at the last pool of money ordinary Kenyans still controlled after taxes, deductions, mobile money charges, fuel prices, school fees and rent had already eaten their pockets.
The anus cannot be stitched to stop diarrhoea.
A debt crisis cannot be solved by raiding SACCOs, squeezing banks, eyeing M-Pesa, selling public assets and pretending that every desperate grab is an infrastructure plan.
Ghana called it domestic debt exchange.
Sri Lanka called it restructuring.
Argentina called it emergency controls.
Lebanon left people staring at bank balances they could not freely touch.
Kenya will give it a cleaner name, maybe national development, domestic resource mobilisation, infrastructure financing or patriotic investment, but the meaning will be the same.
The citizens are being prepared as guarantors for debts they never ate.
Kenyans are not angry enough, because if they understood where this road ends, they would know SACCOs are not the final target, they are the warning shot before banks, M-Pesa and every private pool of money still breathing outside Treasury’s hands.
The money is finished.
The Kenyan “Chief Diplomat” flew to Norway in his kshs 5 million per hour jet, spent another kshs 300 million in accommodation, to find 120 ship cooking and cleaning jobs for Kenyans.
Somehow the slow learners kwa Ikulu believe this some excellent achievement.
The Ruto government spent KSh 17.3 BILLION on travel in just 9 months, according to the Controller of Budget
Meanwhile, Kenyans are being told to pay more taxes, accept austerity, and "tighten their belts."
That there is no money for hospitals, schools, etc
William Ruto was elected to punish Kenyan voters for electing bad leaders.
He's not in office to bring development but to show Kenyans what incompetent, clueless & corrupt president can do when given an opportunity to lead.
None of these is global:
1. Petroleum Development Levy
2. Petroleum Regulatory Levy
3. Road Maintenance Levy
4. Anti-Adulteration Levy
5. Merchant Shipping Levy
6. Railway Development Levy
7. Import Declaration Fee
8. Value Added Tax (VAT)
9. Excise Duty
10. Customs/Import Duty
Your fuel costs are self inficted by Greedy Government
Statehouse has a budget of 17.7Billion.
Civil servants used 7 billion to travel abroad.
SHA software costed 118 Billion
1.3 Trillion is missing on Ecitizen
50 Billion missing from SHA
4.1Billion Bursary funds missing
300 Billion Treasury bond lost
But kenya is broke?
Matatu operators are calling for a nationwide strike.
These are two major ways Kenyans can participate in an active non violent protests.
1. Street protests. Total lockdown.
2. Boycotts:
- Staying at home and turning streets into playgrounds
- Leaving all vehicles at the parking lot.
Let me see what Matatu operators will come up with.
We are fighting so many battles this week:
- High Fuel Prices
- Missing Children
- French imperialism
- Rising cases of domestic violence
- Murderous Finance Bill
- Theft of public resources
- Cases of abductions and extrajudicial killings in Moyale.
There's no rest for me in this world.
#RutoMustGoNow #DrainTheSwamp
When the imperialists looked for a military to use in Haiti, they came to Ruto and he gave them one. When the United States came for Kenya’s health data, Ruto didn’t hesitate: he signed and agreed. When the British army molested, killed, and maltreated Kenyan women while destroying several hectares of land during training, Ruto did nothing.
When the French wanted a foothold in Kenya through a five-year renewable partnership covering maritime security and intelligence sharing, he gave them the go-ahead and immunity from Kenyan law, all under the pretense of military cooperation.
Ruto is a Western puppet who is not after the interests of the people but those of his masters and his own selfish interests. With time, many Kenyans will realize this.
Ghana has rejected the U.S bilateral health deal.
Zambia has rejected the U.S bilateral health deal.
Zimbabwe has rejected the U.S. bilateral health deal.
William Ruto the Sugoi greedy cartel, illegally signed a health deal accepting to auction Kenyans' health data to bioterrorists.
This country is being led by a Satanist!
#RutoMustGoNow
Namibia is ending its relationship with IMF.
They rejected more loans from IMF, did a debt audit and only paid what they legally owed IMF.
They have paid all the debts and they are now walking out of the IMF murderous program of economic terrorism.
They become the second country to walk out after Mozambique.
Mozambique petitioned IMF and refused the Tuna Bond Odious Debts they never incurred.
They asked IMF to negotiate with the borrowers who squandered the illegal debts to pay them back.
As we are talking today, Mozambique is out of the trap.
Our time is also coming. We MUST also refuse to pay Odious Debts we never consented to.
#DeniBandia #ReKe #DrainTheSwamp
The Treasury is hiding KSh 150.7 BILLION in a secret "Sovereign Bond Proceeds Account", OUTSIDE the Consolidated Fund.
This is UNCONSTITUTIONAL.
No parliamentary oversight. No Auditor General. No Controller of Budget.
We demand: Name the bank. Open the books. Freeze the account.
Nairobi Hospital Board Member Eric Okeyo putting anakonda in his place! He has DECONSTRUCTED and EXPOSED the Sugoi CONMAN mercilessly! Indeed, fear is gone!