In the prevailing circumstances, the foremost question on our minds should address what it will take to make our parastatals more viable.
The Kenya Kwanza administration is being accused of skirting the law that requires the government to involve the National Assembly and the Treasury CS for approvals and oversight.
“Kenyans are yet to get a proper audit report or account from the Auditor General, on the proceeds and/or propriety of the said transactions,” said Kevin Oriri.
He says the process is a fertile ground for abuse and pilferage. He challenges the Privatisation Act, which he claims undermines MPs’ oversight role.
Unfortunately, whether intended or unintended, the president’s sentiments on the subject leave no doubt that the motive behind the current exercise are anything but public interest.
Mudavadi claimed it is the only way the Kenya Kwanza government can generate additional revenue to pay soaring external debts and rebuild the economy.