Hon. MOSES KURIA,
WITH all due respect, SIR.
It’s obvious you were ITCHING to JUMP into the SOMALI DEBATE, mainly as a BACKDOOR WAY of taking a SWIPE at H.E. @rigathi GACHAGUA. Fair enough, politics is politics.
But in the process, you’ve only MANGED to put YOUR OWN IGNORANCE on FULL DISPLAY.
You made a claim that cannot be anchored in ANY KNOWN SCIENTIFIC or ECONOMIC DOCTRINE. None. Zero.
You’ve pulled a CLASSIC @NdindiNyoro on prime time TV move: "TALK CONFIDENTLY, say PLENTY, but COMMUNICATE ABSOLUTELY NOTHING, banking on the fact that MOST KENYANS (@citizentvkenya hosts included) WON’T INTERROGATE the LOGIC.
Now, you WORKED at STANDARD CHARTERED BANK. Even if we assume, CHARITABLY, that MERIT was OPTIONAL in YOUR HIRING, one would expect you to have ABSORBED basic FINANCE JUST by EXPERIENCE. After all, President @WilliamsRuto STUDIED PLANTS but perfected the art of HANDLING & TWISTING HUMANS through EXPERIENCE.
You, on the other hand, SOLD LOANS but clearly never CROSS-SOLD FOREX products. Hence this KINDERGARTEN LEVEL UNDERSTANDING of FOREIGN EXCHANGE.
So instead of offering you free REMEDIAL CLASSES (without paying tuition fees), let’s SHUT THIS DOWN with one SIMPLE FACT:
☆●☆●☆●☆●☆●☆●☆●☆●
"CURRENCY DEVALUATION may be DRIVEN by MANY VARIABLES, but MONEY LAUNDERING INFLOWS that do not pass through official INTERNATIONAL SWIFT CHANNELS are CERTAINLY NOT ONE OF THEM."
☆●☆●☆●☆●☆●☆●☆●☆●
KES APPRECIATES or DEPRECIATES against the USD based on DOLLAR DEMAND and SUPPLY. And since most Kenyans AREN’T MONEY LAUNDERERS, we’re understandably UNAWARE of this imaginary “MONEY LAUNDERING VARIABLE” in FX markets.
To suggest that MONEY LAUNDERING STABILIZED our currency is RECKLESS and DANGEROUS, especially coming from someone who claims to be PATRIOTIC.
And since you WERE in government between JANUARY and APRIL 2024, maybe enlighten us:
"WHICH SPECIFIC MONEY LAUNDERING ACTIVITIES STABILIZED THE SHILLING FROM 165 to 130?"
ACHA KUTUDHARAU, BUANA.
Fight @Rigathi GACHAGUA if you must, but do it with LOGIC and a CLEAR HEAD, not an INTOXICATED HEAD.
Saturday Nation are saying when Ruku was appointed CS and his Mbeere North seat fell vacant, Ruto threw a bait for Gachagua, knowing the villager would gleefully bite it.
It was around the time the footloose vagabond was touring media houses running his mouth about his perceived Morima dominance. A two-pronged plan was hatched; to set him up with the real voters on the ground, and to test the full extent of his inflammatory tribal rhetoric.
Machiavelli says when your opponent is of choleric temper, ensure you make it your life-long ambition to irritate him - pretend to be weak, that he may grow arrogant.
And that's precisely what happened when Gachagua hurriedly settled on Duncan Mbui as the DCP candidate without consulting his United Opposition partners.
Knowing Gachagua is not a team player and expecting a backlash from the Democratic Party (DP) who were defending their seat, Ruto asked the UDA team in Embu to postpone the naming of their flag bearer a little longer and watch the villager make a series of monumental blunders. Gachagua would later be prevailed upon to drop Mbui in favour of the DP candidate, and that's when the UDA team was told to open the chess board and start lining up the play.
After realising he had messed up the chances of his DP allies with his indecisiveness, Gachagua tried to mop up by promising the other United Opposition principals to leave Mbeere North to him and proceed to campaign elsewhere; embarking on a choreographed door-to-door campaign with cameras in tow.
By making the Mbeere North contest about him, Gachagua unknowingly walked into another trap that had been laid for him; Duncan Mbui refusing to drop out of the race and settling the scores with the man who had abandoned him at the eleventh hour. Mbui's votes eventually winning the seat for Ruto's team.
Saturday Nation would neither confirm nor deny that Ruto is about to convince Mathira MP Eric Wamumbi to take a post in cabinet, taking the war to Gachagua's doorstep in the ensuing by-election - to finish the bruised man once and for all.
Someone pass me that bowl of popcorn.
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