“Singapore” is so greedy, because OECD has generally maintained that Software-as-a-Service (SaaS) is usually not a royalty because the customer is receiving a service rather than rights to exploit the software. This is reflected in the OECD Model Tax Convention Commentary.
Remember the Crown Paints ad? This is what we gave up for soulless AI generated garbage. But then again it takes actual talent to make such an ad. This is the best Kenyan advertisement ever made, bar none
PRESS STATEMENT BY SENATOR OKIYA OMTATAH ON THE PUBLIC DEBT CASE RULING
Fellow Kenyans,
Today, the High Court delivered an important ruling in our public debt case.
The Court upheld the @IMFNews claim of diplomatic immunity and struck it out of this petition. While we respect the Court’s decision, accountability for Kenya’s debt burden cannot end there.
We are preparing a separate legal challenge to the Bretton Woods Agreements Act, 1963, against the Constitution of Kenya 2010 to ensure all actors involved in Kenya’s debt processes are subjected to proper scrutiny.
Most importantly, the Court rejected attempts by the Attorney General and other respondents to have this case dismissed. The judges ruled that our petition will proceed to a full hearing on its merits.
The Court also dismissed applications by the former Auditor General, former Controller of Budget, the current Auditor General, and the current Controller of Budget seeking to shield themselves from these proceedings.
This is a significant victory for transparency, accountability, and the Kenyan people.
We will amend our petition as directed by the Court and return on 22nd July 2026. Our mission remains unchanged: to establish how Kenya accumulated trillions in public debt, how the funds were utilized , whether the public benefited and whether the law was followed at every stage.
This case is about protecting the future of our nation and the interests of every Kenyan taxpayer.
We remain focused, determined, and committed to seeing it through.
God Bless Kenya.
#DeniBandia #OdiousDebt
“What’s the stupidest thing you’ve ever done in your investing career?”
“Oh, back in 2026 I got concerned about the closure of the Strait of Hormuz and the loss of 12mbbl/day of oil”