INDEBTED: Kenya's Journey to a Debt Crisis [Part 2: The Feeding Trough]
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- čas přidán 21. 07. 2024
- Kenya's economy is in serious trouble. The country's leadership has just pushed through Parliament a budget that is driven by the need to collect as much tax as possible. In fact, the government's target of Kshs 3.6 trillion in the 2023/2024 budget is Kshs 1.5 trillion more than the 2022/2023 budget. This speaks to the desperate situation that Kenya is in. But Kenya's debts don't come from thin air.
This series breaks it all down. It is a story of at least a decade of mismanagement of Kenya's loans, shocking corruption and debt dependency that has led the country to this point told by auditors, analysts and insiders.
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![INDEBTED: Kenya's Journey to a Debt Crisis [Part 3: Dams, Dollars and Debt Ceilings]](http://i.ytimg.com/vi/kX6Zrh_kIvY/mqdefault.jpg)
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The more you understand government the more sick you get
True
Omtata, Ouko & Wanjigi need to have a Q&A with Namu & Latif
Include CS, National Treasury & Economic Planning, Controller of Budget, and CBK Governor
Have similar thoughts,when u bring great minds together put them together u should end up with better ideas.
Namu needs to commit to getting to the bottom of this, and transfer the files to omtata for prosecutions to take over,there is already enough evidence. If we don't jail this people now we probably will never
We demand a full 1 hour episode. This waiting is too long
Two weeks is too long a wait for part 3, this is really interesting, please reduce the wait time
The first euro bond was 2.5 billion dollars and second euro bond was 2.7 billion dollars. Hiyo pesa was used to finance 2017 and 2022 president election campaign. Some were spending 100 million kenya shillings a week for 1 year were get pesa. We finance looting and sewagize kenya. Leaders wa kenya deserve kuwa revolutionize na citizenry. Thats only solution ya kenya
its as if the treasury and the central bank doesn't work for the Republic... they are there to serve and enrich some few people
Nothing new here. At the end of it all, we all know that Kenya government is a voluntary accomplice for western governments in siphoning generational wealth out of Africa and into overseas secrecy jurisdictions wholly owned and controlled by the US and UK. For example, the irony why Kenyatta family bank their monies in the Seychelles instead of banking in Kenya despite the fact that the Kenyatta family own the some of the biggest banks in Kenya? Because the Kenyattas are just a vehicle or an avenue facilitating for the siphoning of wealth out of Africa. In fact, I implore Africa Uncensored to investigate how much money and wealth is stolen out of Africa every year... only to find out that involuntarily, it is Africa that finances and feeds the entire world.
Thanks. We produced a documentary on the Kenyatta's offshore wealth as part of the pandora papers.
Read a book called 'The Looting Machine' by Tom Burgins. He is also a journalist. Goes deep into this curse we face as a continent, and some of it is not only caused by the West but is tied to the East
Seychelles & Panama are part of the US & UK?
Things will never change as long as you don't hold your leaders accountable & continue that tired old trope of blaming local endemic corruption & greed on external bogeymen.
@@jacqdanieles Well, at times when Africans have held their leadership accountable and closed one or some of these loopholes which allow for that 'external bogeyman' to steal generational wealth out of Africa, what does that 'external bogeyman' do? I'll tell you... the 'external bogeyman' foments strife and rivalries and coups, even financing them and equips private local militias to enable control of regions and areas on African soil which contain valuable natural resources and minerals. (Blood diamonds) In the case where African leadership puts down their foot and deny access to valuable minerals, that so-called 'external bogeyman' gets aggressive to the point of eradicating the African leader altogether. Tanzania's former president ended decades of Tanzanite theft but for a few months before he mysteriously died... people blamed covid (i doubt it was covid) ... these 'external bogeymen' have tentacles akin to Australian spiders which meddle everywhere.
@@musamusashi "rule"? So why are the Chinese getting the infrastructure contracts?
And if "rule" is something you don't favor, why not cut ties like Zimbabwe did?
In 2017/18 FY when Ruto was DP deficit was 520 Million Ksh . When he left and Raila and Matiang'i became the defacto DP the 2018/19 FY deficit jumped to 720 Billion Ksh. Kenya ilinaswa by the same people on the road demonstrating to get a share of the cake. People who were not even in parliament to vote against the finance act as they disparage it.We need to do to Uhuru and family what Angolians did to José Eduardo dos Santos
This should be translated in Kiswahili and aired on TV.
Knowing this, myself and my future unborn child will be placed the burden of paying off the stolen $2 billion loan an so are millions of Kenyans. We are an enslaved people.
Ichungwa is now majority leader. Body language of Ichungwa is telling. Ouko is succinct & explicit. Kwame says nobody knows who is being repaid in name of public debt. Omtata is not far from the trail. KE public debt is one big heist.
You guys are doing God's work and Godspeed in your pursuit of truth. We deserve to know how corrupt these dogs are. This is pure quality production and I would suggest longer form content like a mini docuseries but that has each episode with like 20 to 30 minutes.
Thanks for watching. Just commented 👇🏾 that we are keeping the series short so people can follow along because the content is quite dense, but episode 3 is definitely longer and goes further into the story
@@john-allannamu7227 I agree. Its heavy content, so peacemeal is ideal.
Just lurched into this content. Chronicling for History. That’s stuff for legacies!
sounds like a movie but its the sad reality
Uhuru and Ruto know where the money went
i totally agree!
Raila also received stolen money from Uhuru yet he pretends to love the Luos
@@uniquecritical7628they are all in it - some more than others.
@@uniquecritical7628How much did he receive and from which kitty? Even if he did, and you have not provided any evidence apart from the usual lazy "Even Raila did this and that....." it doesn't change the story that Uhuruto regime was the most corrupt regime Kenya has had.
We need to hold these people accountable..
I've surfed my way into this channel and become engrossed! Great work! Interestingly, none of the interviewees is willing to answer a question with a simple "Yes" or "No"!!!
These episodes should be aired on national television.. more people need to see the type of leaders we have so that we 'pinch' ourselves and vote right next time. we need such information to reach as many kenyans as possible
And also do a Kiswahili version.
Can't wait for the blame games to start next year
Keep telling the truth JAN and Africa Uncensored. If only 40 million Kenyans would be able to watch this, move past their anger to demand justice for this clear and obvious economic crimes! One of the accused in the Aror and Kimwarer is now our CBK Governor, rewarding corruption.
If you ever decide to run for office John Allan Namu has our vote 🇰🇪🫡 the most credible journalist I have ever seen since John Sibi Okumu
I wonder why go to the lengths to produce these beautiful and insightful videos when Kenyans will just vote on Tribal lines and will not care about the calibre of leaders we vote for..
That irks me so much! 😢
Change has to begin from somewhere. And education is the best driver for initiating change.
Africa Uncensored really took their time with part two.
I can't wait for part 3. Very well done so far guys. These episodes need to be put on national tv for all Kenyans to watch. Kenyans should be angry with our leaders, angry at ourselves for putting them there, and ready to do something about it!!
Conman anakuibia then ukimuuliza anakusho "are we really being serious?"
I always say that we need a law which states that any corrup individual to be hung and after several are hung, Kenya will be clean. We want a calm nation
📣📣📣🗣️
My sentiments exactly
Jaw dropping revelations 😢
Absolutely top-notch jurnalism!
WELL ARTICULATED thank You.
The more Kenyans know, the more likely they are to act. If not in holding their representatives accountable, because we are collectively tolerant, but the way they can - on the ballot.
If we do not have these leaders in office, they will have no avenues to further corruption. The constitution in its design makes it difficult for citizens to impeach leaders, so at the bare minimum this can be a first step.
Is there a way to partner with local vernacular media stations to spread this expose so that a larger audience can be reached for a chance to have greater collective impact - food for thought.
WHAT A SERIES!!!
Good work, want to see all this, not only in the Kenyan high court but also the international courts.
Great tackle Allan n team ...bold & full of insight
Great reporting. I can already smell economic freedom
Following this story very closely and thank you very much Africa Uncensored for your bold pursuit in unearthing the truth. It is now upon us to digest, understand and determine how to move forward.
Waiting in earnest for the next episode.
You are blessed 🙏
This is excellently done. Looking forward to the next episode.
here before hitting the streets tommorrow 2nd JULY 2024...
Uhuru used to lie alot with a straight face😅😂
Cunning
Hii ni system ya majambazi,thanks guys for the expoze
Increasingly KE needs to audit Public debt & investigate state capture by private interests!
when when is part 3? amazing work
Wish you'd post the whole series. These 13 min clips really disrupt the flow..
Understood. Trying to get that sweet spot has been a struggle because the content can be dense and we would like people to follow along
@@john-allannamu7227 I understand. Public finance is so obscure, i'm glad you're breaking it down. How about you post weekly? 2 weeks is quite long..
@john-allannamu7227 make it a Premier membership access perhaps.
Watching now
Kenya has been raped over and over. what a story, kudos to you and your team Mr. Namu
We are in a mess
This man ichingwa is a devil when u look at him
Precisely 😈
So like 300 BILLION shillings evaporates just like that. This country needs a reset button...
During Kibaki's first tenure as president of Kenya, there were some scandals that came from cabinet leaders in what they described as 'our time to eat'. And they did eat properly.
When Uhuru came into power as president of Kenya, he was committed to ending corruption in his government.
Until he met Jimi Wanjigi. The mastermind of scandals from the previous government.
This guy proved himself tough in that the president ended up paying some KShs 4 billion in unpaid dues by the previous government.
The money in itself was scandalous in that it was payment for goods purchased but were never delivered...
But the rest is history and the demon of corruption and scandals was unleashed with a vengeance untameable till today...
Or is it truly untameable?
🤔 🤔 🤔
Can these be prosecuted? Else it will only continue
We just hope Bishop Oginde will put away these greedy leaders
Wueh this things are very serious
Pesa ya Eurobond ilienda wapi? 🤔🤔
It's like a horror movie
Parliament, which is a public oversight instrument, is just as liable.
Oh beloved Kenya but why😢😢😢😢
Hi John Allan. The PS and Ministry's Accounting Officer at the time of Eurobond 1 is the current CBK Governor by virtue of the president. Do you honestly believe the majority leader doesn't know how / where this money went to?
our worst mistake was voting for this government
Ichungua is shy
Uhuru,Raila n Ruto are all thieves,they shared the borrowed miney,thats why Rao was calm during Uks term n Ruto has refused to share,thus the demos.Once Ruto starts sharing th loot with Rao n his minions,we'll all see the demos called off.
Stop exposing your ignorance here. NASA was the biggest critic of Uhuruto's policy of reckless borrowing. In particular, NASA loudly questioned the SGR project and indicated that it was heavily laden with corruption through inflating of costs. Stop dragging Raila's name into Uhuruto affairs in the hope that it might cleanse Uhuruto's corrupt deals, particularly in their first term.
Same scandal it's about to come the housing scandal I can smell it
When you are expected to pay 2bn dollars you cant afford such a scandal their is simply no money to steal
Politicians will always find ways of stealing
The problem lies with these politicians especially the top ones. These men wanajuana what happens. They know loans zikichukuliwa where they go. Waache kutudanganya. Why is ruto not setting up a body to investigate the loans we are supposed to pay? who were the beneficiaries? Did the loans do what they were supposed to do? Watu are occupied na the narrative ya high cost of lving but hawaaambiwi the cause of the high cost of living created by uhuru, raila and ruto and their close allies. Raila isnt fighting for better lives of wanhjiku. Has raila ever lobbied for revivial of nyanza sugar factories? why? if youths are employed, he has no one to control ama kuita maandamano. What has raila offered the nyanza people other than maandamano. raila and azimio politicians will still pocket allowances and their salaries. mjinga wa kurusha mawe will go home alale njaa tu. ruto too is not a messiah. can azimio share their points on how to lower cost of living?. Kenyas problem in one picture including ruto
Mother Kenya!!!
The mess we are in ,we won't get out off as a country, especially with the same greed Monkey recycling.
It's Unfortunate.
2billion dollars in the economy!! Imagine what it could do?
No wonder some pple never did fundraisers for their presidential campaigns makes sense where they got the money
if there is genuine justice in Kenya some people belong to jail
People involved in this scandal must be held responsible regardless of their position
Why is it taking long to upload the next... I had to watch the previous one first... I think it should be uploaded once and have it trend for a while rather than small bits that don't make waves
come to uganda
Did our president have hand in bringing Kenya down
Funny enough Kamau thugge is the new boss of CBK and the deputy is Susan Koech appointed by Zakayo himself.
Same forest same monkeys. The more things change the more it remains the same.
We need to see people going to jail
13 minutes is quite short for some truths to surface. My take.
Thank you for the content, well done, it sends chill to the nerves.... In deed...“There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.”... words from the book....Confessions of an Economic Hitman by John Perkins...A MUST read ⚠
Kwame should be minister of finance
In who's government?
@@njuenjagi4983 Raila 😄😄
Then you tell me to be tax complaint, C'mon
Well said😂😂😂😂
Why should I continue to transfer my hard earned coins to this country? No accountability! so long as these “leaders” and their side-kicks continue to get away with brazen impunity and the law continues failing to actually bring them up on charges, investing in kenya is an exercise in futility. Too risky! Imetosha. Let me keep my few coins where I can see them.
Then Thugge is appointed as PS treasury.
Poor Juma was killed by a man who is now in the state house. And poor Kenyans are clapping on him. Ni Nani katuloga
Auction auction auction
Real debt is 300 trillion shillings and intrest is 30 trillion shillings in dollars denomination. Kenyans lipa next 500 years
Uhuru was just a weak leader
kwanini hamuongeangi kiswahili and yet yale mnaongererea ni mambo inahusu mkenya wa kawaida ama hii investigation is funded by the west? Yule maasai ama turkana hana masomo ataskia nakuelewa vipi?you talk of enslavement of kenyans na ata nyinyi mko ndani
After kibaki left the country went to the dogs.Fod had mercy on us
God have mercy