TVC NEWS, KENYA - Up to Sh15 billion was taken by officials at the Office of the President, Cord leader Raila Odinga has said.
Mr Odinga said the officials went on a looting spree as they panicked over the possibility of losing power in the 2013 General Election.
He told the Nation Wednesday that although auditors had only confirmed the shocking transfer of Sh8.4 billion through dubious accounts, he had information of the massive looting that happened during the transition period.
The former Prime Minister said billions of the looted cash were used to compromise individuals leading various institutions involved in
electioneering and to finance Jubilee campaigns.
“This is theft of the highest order. We always suspected that the Jubilee coalition looted public coffers to fund its campaign during the
last General Election. Our fears have now been confirmed,” he said.
The scandal explains the government’s current financial woes, he added.
Mr Odinga said the officials went on a looting spree as they panicked over the possibility of losing power in the 2013 General Election.
He told the Nation Wednesday that although auditors had only confirmed the shocking transfer of Sh8.4 billion through dubious accounts, he had information of the massive looting that happened during the transition period.
The former Prime Minister said billions of the looted cash were used to compromise individuals leading various institutions involved in
electioneering and to finance Jubilee campaigns.
“This is theft of the highest order. We always suspected that the Jubilee coalition looted public coffers to fund its campaign during the
last General Election. Our fears have now been confirmed,” he said.
The scandal explains the government’s current financial woes, he added.
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