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Kenya: Govt Sued Over Heavy Loans, Lobby Groups Want Details Disclosed

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4 years ago

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Nairobi — The Kenya Human Rights Commission (KHRC) and The Institute of Social Accountability (TISA) Kenya, are suing the government seeking information on Kenya’s debt treaties, agreements, and contracts signed with other States and international financial institutions corporations.

The petition was filed in court Thursday, against the Cabinet Secretary for the National Treasury and Planning, Ukur Yatani, and Attorney General Kihara Kariuki.

KHRC and TISA argue that the Treasury CS has been “increasingly borrowing money on behalf of the national government and Kenyans, and has taken expensive loans bilaterally from States, international financial institutions, and corporations over the past decade.”

“The overall concern that triggered this litigation is that the Cabinet Secretary, National Treasury, and Planning continues to borrow in the name of the Republic of Kenya without being accountable to the public and without availing documents related to the borrowing to the public,” said the two civil organizations in a joint statement.

They pointed out that the Executive has also floated bonds both domestically and internationally as means of raising funds, a move they termed non-transparent.

“However, the processes of borrowing through loans and raising sums through the floating of sovereign bonds has not been transparent as the Kenyan public is not involved in the process and is only left to rely on stories from the media,” they said in the petition.

They argued that despite constitutional provisions that require public disclosure of all aspects of public borrowing, the government continues to operate in what they termed “an opaque, and shadowy manner.”

They argued that their attempts to obtain the said information from the Treasury CS through a letter dated February 7 have not been successful.

“The Petitioners claim that the refusal by the Cabinet Secretary, National Treasury and Planning to provide information and documents relating to Kenya sovereign bonds and other loans is unconstitutional because it contradicts Article 35 of the Constitution, which decrees that every citizen has the right of access to information held by the State,” read the statement.