Central Bank of Kenya Governor Patrick Njoroge on Tuesday said that banks directly implicated in the National Youth Service (NYS) Sh.8 Billion will be held accountable. Speaking during a presser, the governor said that the CBK is working closely with the other government agencies to make sure the lenders who violated the law are brought to book. “The CBK is working closely with the Director of Criminal Investigations (DCI) and other investigating agencies on this case. And as you know, there are two directions that we are going. We are probing recipients with a view to recover the resources as quickly as…
Author: Eva Nyambura
Muhoroni Sugar Company Limited posted a notice to its employees sending them on a 6- week paid leave effective 25 May, 2018. The factory has shut down after running out of crop and struggling to pay taxes and debts for months now. The company has been tax evading by failing to remit its taxes and that of its employees to the revenue authorities. It had been put under receivership but finally decided to shut down as they sort their accounts. Read: 1,000 SGR Workers Demanding For Better Pay, Fired By Chinese Firm The company says that the management shall be…
The National Treasury has allegedly been irregularly hiring staff. A new trend has emerged where the Treasury does not follow the provisions of the constitution in regards to hiring of directors. The constitution provides for The Public Service Commission to hire civil servants and public servants. The Salaries and Renumeration Commission regulates the salaries for the civil servants and public servants. Kahawa Tungu has learnt that in the hiring of The Director General Accounting Services, Bernard Ndung’u and most recently The Director IFMIS, Jerome Ochieng, they were hired by KRA and seconded to the Treasury so as to deliberately avoid competitive process…
Kenya Power on Monday reorganized its corporate structure for improved customer service and effective management operations in line with its new business growth strategy. The restructuring process, which begun in 2017 spearheaded by the Board of Directors, has led to the creation of five directorates; Energy Supply Management, Commercial, Operations, Corporate Services and Finance. The heads of the directorates will report directly to the Managing Director and CEO. Speaking at the Company’s headquarters at Stima Plaza, the Chairman of the Board of Directors, Amb. (Eng.) Mahboub Maalim, said the restructuring was also necessitated by recent policy developments within the sector…
Kenyans will now not be able to import vehicles over 5 years old if the government implements the law to ban vehicles that have been registered abroad for five years before being brought into the country. The move to lower the age of cars from 8 years to 5 years has caused traders to raise the alarm to the government saying that the move will hurt buyers since they will now pay up to 50% more in order to buy cars. Car Importers Association Chairman, Peter Otieno, criticized the government saying that Kenyans will no longer be able to afford…
Former Machakos governor aspirant Titus Ndundu was on Sunday arrested at his Ikombe home. Ndundu was held at Masii police station before his arraignment on Monday morning. He was charged with defiling an under-age girl on May, 14 2018. Appearing before Machakos resident magistrate Irene Kahuya, the politician denied the charges and was released on a Sh.100,000 bond with a surety of a similar amount. His lawyer asked to be furnished with pictures of the 17 year old girl along with other details. Read: Prezzo And Jaguar Declare A Truce And Choose To Rise Above Their Differences The case will be mentioned on…
Economic strategist and key NASA point-man David Ndii weighed in on the corruption scandals that have rocked the country; NYS, NCPB, Kenya Power and Kenya Pipeline. Ndii, while speaking to KTN on Sunday said that the corruption revelations are part of a sinister plan to ‘finish’ Deputy President William Ruto politically. The economist said that the corruption scandals are a well thought-out plan by a few individuals in order to scuttle his 2022 presidential bid. “It’s like in the Bible where Jesus cast out demons from people and put them in pigs and then the pigs went over a cliff.…
A Nigerian AgriTech startup, Peatuce, is on a mission to improve local food trade within and across Africa from the ground up. Founded on February 1, 2018, the startup is set to improve the local food trade within and across Africa by increasing efficiency, service quality and enhancing profitability for farmers, suppliers and buyers. “We believe in a future where local farmers play a large role in feeding our communities, and we are working to making that a reality. We are focusing on emerging markets with a target of over 20,000 local farmers on our platform in 2018,” Charles Ogbaoku, CEO…
PS Lilian Omollo has presented herself at Muthaiga Police station hours after NYS Director General, Richard Ndubai’s arrest as police step up to account for the Sh9 billion lost. She is writing a statement at Muthaiga Police Station before heading to the DCI Headquarters. The PS had allegedly locked herself in her house as detectives were seen hovering around her house. Read: NYS Billions Lost To Ghost Companies So far those in Police custody include: Sam Michuki, Peter Muchui, Matano Odoyo, businessman James Thuita Nderitu, businesslady Yvonne Wanjiku Ngugi, Sammy Mbugua, Timothy Kiplangat Rotich, NYS Wellanalo Mulupi, David Kirui, NYS…
National Youth Service (NYS) Director General Richard Ndubai has been apprehended following the Sh9 Billion scandal. Ndubai was reportedly arrested on Sunday night together with three others; Assistant director general Sam Michuki, a finance manager identified as Mbugua and a fourth official whose identity remains unknown. The four were reportedly held at Muthaiga Police Station and will later be taken to the DCI headquarters for grilling. This comes after Director of Public Prosecutions (DPP) Noordin Haji confirmed receipt of Inquiry Files No. 51 of 2018 to 60 of 2018 from the DCI, George Kinoti. “The DPP has independently reviewed all the…
It was an eventful Sunday morning at Kianyaga Children’s Home, Kirinyaga County after Women Representative Purity Ngirici was blocked from presenting the children with gifts. The home’s Chief Officer said the lawmaker did not follow ‘protocol and the right channels before making her donation.’ Ms Ngirici, brought the children 180 pairs of shoes, 180 mattresses among other gifts that she promised them during her last visit, last Sunday. The MP’s supporters, as caught on video forcefully made way into the children’s home compound where she confronted the management. She accused them of getting caught up in the local politics. “Where…
The office of the Director of Public Prosecutions (DPP) on Sunday confirmed receipt of 10 case files in relation to the multi-billion National Youth Service (NYS) scandal. The ODPP confirmed receiving the said files from the Director of Criminal Investigations (DCI) as they look forward to bringing to book those found found guilty. https://twitter.com/ODPP_KE/status/1000498529297686529 Read: Blogger Cyprian Nyakundi Released After Three Days In Custody According to the newly appointed DPP, Noordin Haji, a team of experienced Prosecutors led by himself is currently undertaking final review of the files. “The DPP wishes to express his appreciation to the efforts and dedication of…
A Nigerian student, Monica Osagie reported her lecturer for asking for sex in exchange for better grades in a course for her master’s degree. She reports that her lecturer gave her the option to either sleep with him or fail the class. The student of Obafemi Awolowo University released the audio to the school administration before it surfaced online and garnered attention from all over the world. She says that the accused lecturer, Professor Richard Akindele, was her mentor but started making sexual advances towards her. She knew that no one would believe her so she decided to record their conversation…
Those found guilty of having been involved in the National Youth Service and National Cereals and Produce Board scandals will be punished, Deputy President William Ruto has said. “Those identified to have participated in the loss of billions of shillings in these scandals should be punished. No one should be spared,” the DP said. Speaking during the St. Paul’s Teachers Training College Nyabururu, Kisii County, Ruto noted that all those entrusted with the responsibility to work for the government must protect the resources entrusted to them. He called on the Director of Public Prosecutions (DPP) and the Ethics and Anti-Corruption Commission…
The office of the Wife of the Deputy President, Rachel Ruto will benefit from the Treasury’s next budget by getting an increase of 707% in her annual budget. Her allocation for salaries and allowances will rise to Sh118.5 million from Sh14.7 in the current year. This increase in budget is supposed to help her hire more staff in her office, pay salaries and allowances. This increases the budget of running the office to Sh305.6 million in the period starting July, up from Sh187.2 that was allocated in the current year ending next month. Read: Government Owned Development Bank Of Kenya…
