Suspected theft at Youth Fund indicts Waiguru – Karua

November 3, 2015 1:28 pm
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Karua said an audit of all the funds under Devolution and Planning Cabinet Secretary Anne Waiguru was necessary in light of the theft of Sh791 million from the National Youth Service which like the Youth fund, also falls under her Ministry/MIKE KARIUKI
Karua said an audit of all the funds under Devolution and Planning Cabinet Secretary Anne Waiguru was necessary in light of the theft of Sh791 million from the National Youth Service which like the Youth fund, also falls under her Ministry/MIKE KARIUKI
NAIROBI, Kenya, Nov 3 – NARC Kenya Party Leader Martha Karua wants the audit of the Youth Enterprise Development Fund, in response to the suspected misappropriation of monies, to be extended to the Women Enterprise and Uwezo Funds.

Addressing the press at the NARC Kenya headquarters on Tuesday, Karua said an audit of all the funds under Devolution and Planning Cabinet Secretary Anne Waiguru was necessary in light of the theft of Sh791 million from the National Youth Service which like the Youth fund, also falls under her Ministry.

Karua said it was therefore also pertinent for Waiguru to step aside, as her counterparts had following reports of corruption in their ministries, and pave way for the investigative authorities to carry out their functions.

“It is not proof of guilt, it’s to pave way for investigations as we have seen the President demand of other ministers. It’s only fair for the law to be applied evenly,” she said.

Karua also called for accountability from the National Treasury in regard to the hundreds of billions of shillings raised through the Eurobond.

She said it was necessary for the Executive to be clear on whether the money earned interest when it was held in an offshore account(s), if so how much was raised and to what it was allocated.

“Kenyans have not been sufficiently briefed. You can imagine interest on over Sh200 billion, itself it will run into billions.”

She said dismissive assurances from President Uhuru Kenyatta and his deputy William Ruto that the economy is strong amid concerns of a cash crunch, rising interest rates and an increased cost of living, were unsatisfactory.

In order to keep Kenya “from going to the dogs” she renewed her calls for a bipartisan national conference.

Not only to address what she described as a, “looting spree,” but to address the resurgence of intolerant, polarising political statements.

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She said it was also necessary for the three arms of government: the Judiciary, Parliament and the Executive to, “retrace their North star,” and identify where they’d fallen short of their constitutional ideals in order to make the necessary adjustments in course.

“Parliament whose role is to be a watchdog has been emasculated through carrot and stick method and may be largely mistaken for a Jubilee apologist and praise choir. The Judiciary has been greatly undermined by the Executive and Legislature who only choose to obey orders favourable to them,” she said.

The suspected “looting” of hundreds of millions of shillings from the Youth Enterprise Development Fund by its managers is the latest to grab headlines under the Jubilee administration.

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