Connect with us

Business

VIDEO: Raila declares his wealth on National TV, says he is worth Shs 2Billion

Published

on

Spread the love by sharing this post with family and friends
  •  
  •  
  •  
  •  
  •  

ODM leader Raila Odinga has revealed that the Odinga family is worth Sh2 billion, denying claims that the family has exploited its big influence in politics to make a huge financial fortune.

The former Prime Minister further denied claims that the ongoing Building Bridges Initiative consultative forums have cost the taxpayer Sh10 billion.

The ODM leader clarified that the Odinga family wealth is more in terms of properties the family has acquired over time and the shares they have invested in several companies in the country.

“I am not rich. I am just about Sh2 billion which we own collectively as the Odinga family,” he said, when challenged to declare his wealth.

“The wealth is in terms of property and investment in shares,” he added, pointing that the family is doing anything for the benefit of the People of Kenya and not the luo community.

He denied suggestions that the Odinga family had used its influence to create wealthy for themselves, pointing out that his siblings, just like other Kenyans, are earning salaries from their jibs which they got competitively.

“Our father Odinga died a poor man. There is nothing we inherited from him as his children. It must be remembered that throughout his life that he was in government for only two and half years.”

READ ALSO:   VIDEO: I may form a government in exile, says Raila

He was speaking on Sunday during a live interview with the NTV’s Consulting editor Joseph Warungu at his Karen home.

The interview touched on Mr Odinga’s relationship with DP William Ruto, the relationship between the Odingas and Kenyattas, the ongoing debate on the Building Bridges Initiative and his role in the politics beyond 2022.

However, the former PM, who has emerged as the public face of the BBI campaigns, took on the media which he accused of developing a counter narrative on the process, especially the cost incurred so far on the BBI process since it started early last year.

IN particular, he appeared pricked by suggestions that the process has so far gobbled up to Sh10 billion, which he said was propaganda propagated by the media to demonise the process.

“Where is this Sh10 billion,” he asked Mr Warungu, even as he appeared to be agitated. “Who has spent this money and where is it coming from?”

“I sometimes think the media should be bold enough to explain where they get this kind of information of figures from.”

He insisted that the BBI regional campaigns have been cheap as they only require a podium and a public address system.

“People will come on their own as they don’t need to be bused to the venues.”

READ ALSO:   LIVE FEED: Watch as NASA makes major announcement

On Mr Ruto, the former PM said he had no personal problem but revealed that he does not like the DP’s modes operandi, especially in terms of the huge amounts of money he donates to fund raisers every weekend.

He also rejected claims that BBI is an enterprise whose purpose is to sideline Mr Ruto or that he is interfering in decision making in both Jubilee and government.

“I am not in government and therefore the question of interfering does not arise,” he said, dismissing assertion that he maintains a great influence in the manner in which President Kenyatta makes decisions.

“I don’t know about influence because I don’t make decisions in government. In fact I don’t discuss government issues or Jubilee party with the President because he is competent to make such decisions.”

The two were members of ODM during the grand coalition government of between 2008/13 but fell out over the issues related to the indictments related to the 2007/08 post elections issued by the international criminal court.

During the interview Mr Odinga revealed they had fallen out after he, as PM, tried to suspend Mr Ruto over the scandal involving the sale of maize from the National Cereals and Produce Board.

READ ALSO:   ODM leader Raila Odinga speaks on arrest of Senators Malala, Lelegwe and Lang'at

A probe conducted by an audit firm Price Waterhouse had indicted Mr Ruto, then Agriculture Minister, for the scandal in which Mr Ruto had authorized the NCPB to dish out maize to MPs friendly to him who later sold to the Millers, triggering the rise of retail price of maize flour.

However, the suspension was rejected by President Kibaki on the account that he had not been consulted.

“Our relationship is cordial only that he does things that are contrary the known ways of doings things,” he said,

He said the large contributions the DP makes are dubious and only corrupts the national politics.

-Nation.co.ke


Spread the love by sharing this post with family and friends
  •  
  •  
  •  
  •  
  •  
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

KQ resumes direct flights to New York

Published

on

Spread the love by sharing this post with family and friends
  •  
  • 2
  •  
  •  
  •  

The national carrier Kenya Airways (KQ) resumed its direct flights between Nairobi and New York on Sunday.

In a tweet, KQ announced the move and topped it up with an offer to passengers who book their flights before December 10 that they will enjoy discounted prices.

Welcome back to the Big Apple! Today we resume our service between Nairobi and New York, and we can’t wait to welcome you on board. Book your ticket via https://t.co/hitS3Whxtp before December 10th to enjoy discounted rates ✈️🌎 *Disclaimer – video from our pre-COVID archives pic.twitter.com/1kET4h0kRK

— Kenya Airways (@KenyaAirways) November 29, 2020

“Welcome back to the Big Apple! Today we resume our service between Nairobi and New York, and we can’t wait to welcome you on board,” the airline said.

The national carrier last operated the passenger flights using the Nairobi-New York route in April after disruptions caused by the Covid-19 pandemic.

KQ resumed international flights in August after suspending all its operations in March following the government’s directives after the firsts case of Covid-19 was confirmed in Kenya.

On Saturday, October 31, KQ announced that it had postponed New York flights’ resumption.

READ ALSO:   Sisi si 'Vifaranga vya Kompyuta!,' Uhuru tells Raila as he files response to petition

Through a notice, the airline said the decision to postpone the flights was informed by the increased cancellation of flight bookings to New York.

“We regret to announce that due to increased cancellations of flight bookings to New York City, we have pushed back the resumption of our service to this destination to November 29. We sincerely apologise for the inconvenience caused,” read the statement then.

Kenya Airways inaugurated direct flights to the US in October 2018, cutting the journey to the US by 15 hours and by October 2019 KQ had flown at least 105,084 passengers after completing 594 flights to and from New York.

by NN


Spread the love by sharing this post with family and friends
  •  
  • 2
  •  
  •  
  •  
Continue Reading

Business

Bodaboda chama grows into a multi-million shilling housing cooperative

Published

on

Spread the love by sharing this post with family and friends
  •  
  • 2
  •  
  •  
  •  

A journey of a thousand many miles starts with a single step. A Nakuru-based bodaboda operator’s self-help group proved this in its growth. Driven by the ambition to have something to take home once they couldn’t ride any more, ten bodaboda operators from Barut, Nakuru West in 2015 formed Kianjahi Group, pooling a minimum savings of Sh100 per week per person.

“Being a bodaboda operator is a risky job and has serious effect on one’s health especially if you don’t dress properly for the cold. After attending a seminar in Machakos we decided to start making savings,” said Benson Sigei, the group chairperson.

The group grew as more members joined in 2016. After evaluating their progress, the members increased their weekly savings to Sh200 and eventually to Sh1,000.

“Before the year ended we were nearly 100 members. Our savings were growing and we had to come up with plans which some members considered as too ambitious and pulled out,” says Sigei. With savings of nearly Sh2 million, they bought a 1.6-acre piece of land which was previously a sand quarry.

“It cost us Sh2.1 million in buying the land and rehabilitating it to usable standards. We embarked on making savings for constructing houses which would be of similar design,” he said.

READ ALSO:   ODM leader Raila Odinga speaks on arrest of Senators Malala, Lelegwe and Lang'at

To make this possible they converted the group into Kianjahi Housing Cooperative Society Limited and introduced Sh15,100 registration fee and minimum share capital of Sh60,000 payable in Sh500 weekly instalments.

AmpThe group started the construction of two-bedroom houses in a gated community model.

“Every member now contributes a minimum of Sh1,500 for savings every week. Those yet to clear their share capital make an additional payment of Sh500. This amount does not exert great pressure on the riders since the majority make nearly KShs1,000 per day.

The group then started the construction of two-bedroom houses in a gated community model where four houses sit on every 50 by 100 feet plot. The cooperative completed the construction of the first 50 units majority of which have already been occupied.

“We took a Sh15 million loan and in addition to our savings we bought an additional acre of land at Sh2.1 million. In the first phase, we have constructed 52 housing units. 35 members have already moved in,” said the vice-chairman.

The cooperative has bought a third parcel of land on which they intend to set up houses for all members. Members who moved in during the first phase like pay Sh2,000 per month. Sh200 goes to savings and Sh1,800 going towards offsetting the cost of construction. The payment for the houses is spread over seven years.

READ ALSO:   LIVE FEED: Watch as NASA makes major announcement

by Standardmedia.co.ke


Spread the love by sharing this post with family and friends
  •  
  • 2
  •  
  •  
  •  
Continue Reading

Business

Enough is Enough: Kenyan man in US relocates to motherland to become a farmer

Published

on

Spread the love by sharing this post with family and friends
  •  
  • 2
  •  
  •  
  •  

In a bold move and which took great courage, a former Kenyan Diaspora man Kunga Kihokia who was born and raised in Miami Florida has moved back to Kenya, bought a 20 acres piece of land and established an organic farm in Murang’a.

Initially, Kunga had planned to be in Kenya for three weeks 5 years ago but after what he says was the realization of the problems affecting Kenyans because of western lifestyle which he himself was struggling with, he felt strongly to start an organic farm to address those problems.

Kunga has built a water tower to use gravity that allows the water to get pumped and distributed  through  irrigation into the field. Everything in the farm is powered by solar energy and he has dug a borehole that supplies enough water for the farm. Watch the video, be inspired  and enjoy.

Source: Diasporamessenger.com


Spread the love by sharing this post with family and friends
  •  
  • 2
  •  
  •  
  •  
READ ALSO:   VIDEO: I may form a government in exile, says Raila
Continue Reading

Special Offer: Own one starting at Ksh 3.7M


poapay3

Like us on Facebook, stay informed

NEWS TRENDING RIGHT NOW

2020 Calendar

satellite-communication1.jpg

Trending