Long Weekend Reading: Summary of Odious Debt

DeepInYourMind

Elder Lister
When I started this public debt audit, I never imagined how much I’d uncover about Kenya’s financial system.The grand looting scheme began with the unconstitutional amendment of the Public Finance Management Act in 2014. This amendement, passed without Senate involvement in violation of Article 110, gave unchecked powers to open foreign accounts and engage in cross-border loan transactions without proper oversight.

Since then, billions have been borrowed through off-budget loans; loans that never passed through Parliament for approval, borrowed unconstitutionally and not tied to any development projects, as the law demands.These secret loans bypass scrutiny, accountability, and transparency, leaving Kenyans in the dark about our true debt position, while the burden quietly grows.

I’ve compiled a 22-page public summary of my petition, shared through the link below. This is to expose what is really happening behind the scenes, which laws have been violated, why we went to court and why urgent reform is necessary and a matter of national survival.

Use this summary. Share it. Discuss it. Let it enlighten your networks. Let is spark conversations leading to a deeper national conversation.The truth about Kenya’s debt crisis can no longer stay hidden.

This is about safeguarding Kenya’s future. We’re building a new era of transparency together, demanding honesty and accountability in leadership, for the good of every Kenyan.



 

Attachments

President Okiya Omtatah's solution to the debt payment crisis is to not pay the debt at all.
Kaongo solution to the debt payment crisis is to borrow more and fuck the country.

Lakini walituwoun! :D

Image result for david ndii as corrupt as we found it
 
Back
Top