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Ruto 2022  finance team in crisis – Weekly Citizen

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It might seem to have come from nowhere the notice by Central Bank of Kenya that Sh1000 denomination notes bearing the image of presidents Jomo Kenyatta and Daniel Moi will be worthless paper the moment the minute hand clocks 12 midnight on September 30.

Ask William Ruto however and he will swear that he sees where the CBK announcement is coming from and declare it part of a sinister plot and that indeed, he is the target. Ruto, it is said, has been amassing a war chest to paint Kenya brown with Sh1000 bank notes and has already stashed a good amount as he waits for the whistle.

With the new CBK rule however, the DP who is not leaving anything to chance as he schemes to succeed Uhuru Kenyatta will have to return to the drafting board and work out a formula that will see the bank notes in his safes taken to the bank before the October 1 date or quickly converted into US dollars, British pounds or Chinese Yuans.

Given that it is believed that Ruto has tens of billions in Sh1000 notes bundles stacked somewhere, and considering that one can only bank a maximum of Sh1,000,000 per day or else explain where you got the money from and show proof of the transaction, it goes without saying that Ruto will not have time to bank all the billions. What a way to kill a cat!

It is said in some quarters that powerful forces out to stop Ruto ascending to power learnt to their awe and shock that Ruto was working on a Sh100 billion 2022 budget for his presidential campaigns, a big chunk of which he already has and is now merely looking for topup. Apart from running his presidential campaign, the money is to bankroll governors, senators, MPs and MCAs across the country running on his party ticket.

The money is to be raised through government tenders awarded to his family, reliable business associates and international links mainly of Chinese firms doing business in Kenya. Ruto is also befriending and doing business with Britons and Americans.

The DP raised a substantial amount of the money during the Jubilee government’s first term in office and is reportedly stashed in safe houses in Kenya, in offshore and local banks accounts.

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It is part of the money the DP has been using to traverse the country to market his candidature by giving hefty donations in churches, schools and also bankrolling politicians in the Tanga Tanga squad that is setting pace for his 2022 campaigns.

The MPs in the Tanga Tanga squad are paid Sh200,000 for every visit they make to market Ruto. At one time, the DP’s personal assistant, Farouk Kibet, exchanged blows with Dagoretti MP John Kiarie over the handouts.

The DP is also using the kitty to oil hordes of delegations from across the country, including church leaders, visiting him at his Karen or Uasin Gishu homes. Since the 2017 elections, the deputy president has stepped up his charm offensive into regions hitherto controlled by the disintegrating opposition in what may signal early campaigns.

Even though he insists that it is all about development, the gusto with which Ruto is hosting delegations at his Karen residence reminds one of the Moi era, when endless delegations to Kabarak by politicians to pledge their loyalty was the order of the day. The delegates are paid a minimum of Sh10,000 whenever they visit Ruto. The DP knows that presidential campaigns are expensive and is raising the money to avoid being caught offguard.

A study by the Coalition for Accountable Political Financing estimated that in 2007, the two frontrunners – Mwai Kibaki and Raila Odinga – spent Sh7 billion of traceable amounts on their presidential campaigns.

The report further stated that in the 2013 general election, Raila and Uhuru spent over Sh10 billion and Sh20 billion respectively, but the amount was not inclusive of the financial support they gave to governors, senators, MPs and other candidates to make their coalition’s victory resounding.

In the 2017 polls, Uhuru spent over Sh30 billion on his two presidential bids while Raila spent over Sh10 billion before pulling out of the repeat presidential poll for lack of cash. Sources close to the DP say Ruto is eyeing to take control of 30 counties out of the 47 counties, and already his strategists are working on the aspirants who will be bankrolled for various seats.

To raise the Sh100 billion, insiders aver, Ruto has established a discreet secretariat based in Upper Hill, Nairobi, whose faces include Patrick Osero, Giles Fearn, CEO, Petredec, David Muge, his business proxy, and Mike Abbott (CFO, Petredec). Others in this team included Kibet and Isaac Maiyo.

 



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Politics

Garissa unable to pay inherited bills – Weekly Citizen

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Garissa governor Ali Korane has said paying contractors with outstanding bills by the end of this month will not be possible.
Korane said his administration inherited a Sh4 billion in outstanding bills from the previous regime which is about 50pc of total budget to the county.

Governor Ali korane

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The governor said that despite the huge bills that his administration inherited, there is no infrastructure on the ground to reflect the same.
Korane added that his administration had to suspend its taskforce after the government took charge of the exercise.
The governor said even if it will be established that the projects are genuine, they will have to be budgeted for again.
Korane who has time and again lamented over the huge debts his administration inherited from the previous regime urged all those with pending bills to be patient and allow his administration to verify the projects awarded.
During former governor Nathif Jama’s administration, the contractors clashed on several occasions with his administration over nonpayment of pending bills.



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Politics

English premier league transfer news – Weekly Citizen

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Arsenal

Out

Aaron Ramsey ( Juventus ) Free, Petr Cech (Retired), Danny Welbeck (Released)

Stephan Lichtsteiner (Released), Cohen Bramall (Released), Charlie Gilmour (Released) and Julio Pleguezuelo (Released)

Aaron Ramsey agreed to join Juventus (Image: AFP)

Chelsea

Out

Gary Cahill (Released), Todd Kane (Released), Rob Green (Retired), Kyle Scott (Released), Eden Hazard (Real Madrid) – £90m,Ola Aina (Torino) – Undisclosed and Fankaty Dabo (Coventry) – Free

Eden Hazard gives a thumbs-up (Image: AFP/Getty Images)

Leicester City

Out

Shinji Okazaki (Released) and Danny Simpson (Released)

Okazaki won the Premier League with Leicester in 2016 (

Liverpool

Out

Daniel Sturridge (Released), Alberto Moreno (Released ), Adam Bogdan (Released) and Connor Randall (Released)

Sturridge celebrates Champions League victory (Image: PA)

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Manchester City

Out

Vincent Kompany (Anderlecht) – Free, Patrick Roberts (Norwich) – Loan, Tom Dele-Bashiru (Released) and Aaron Nemane (Released)

Vincent Kompany has become player-manager of Anderlecht (Image: NurPhoto via Getty

Manchester United

In

Daniel James (Swansea)- Undisclosed

Out

Ander Herrera (Released), Antonio Valencia (Released) ,James Wilson (Released), Matthew Olosunde (Released),and Regan Poole (Released)

Ander Herrera’s contract at Manchester United has expired (Image: AFP/Getty Images)

Tottenham Hotspur

In

Kion Etete (Notts County)- Undisclosed

Out

Dylan Duncan (Released), Michel Vorm (Released), Charlie Freeman (Released),Tom Glover (Released), Connor Ogilvie (Released), andJamie Reynolds (Released)

Wolverhampton Wanderers

In

Raul Jimenez (Benfica) – Undisclosed andHong (Yeovil Town)  – Undisclosed

Out

Ethan Ebanks-Landell (Shrewsbury Town) – Undisclosed ,Joe Mason (MK Dons) – Free Michal Zyro (Released) Carlos Heredia (Released) Ben Goodliffe (Released) Aaron Hayden (Released) Diego Lattie (Released) Enzo Sauvage (Released) and Christian Herc (Viktoria Plzen)- Loan.



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Newly released Sony Xperia 1 smartphone breathtaking – Weekly Citizen

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The Sony Xperia 1 is a solid improvement on most of Sony’s recent smartphones – it has a few mis-steps and annoyances, but it’ll be of  interest to many. It was announced on February 25 and released in May 29.

The Xperia one also known as J9110, is a dual nano sim smartphone that stands tall above

the rest. Its signature feature is the extra-tall, 6.5-inch AMOLED display with 21:9 aspect ratio and 4K resolution. It is also the first Sony flagship phone to feature three rear cameras:12MP  super wide-angle camera, a12MP telephoto camera for zooming, and 12MPmain camera for every-day use. The powerful Snapdragon 855 ticks on the inside next to a 3330mAh battery. Its OS Android 9(pie)

The pros of this phone over others include the 6.5 inch display,high quality triple cameras, high quality audio as it has 24-bit/192kHz DAC and Dolby Atmos sound , good connectivity(LTE, Wifi 5,NFC,Bluetooth 5.0)

Other features include fingerprint side-mounted, huge 6 GB RAM, and choose between 64GB and 128GB storage expandable to 1TB via sim slot2

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The battery life is good, that is,3330 mAh(24.8h 3G talk time, its lightweight  and thin (178g), waterproof, HDR video support, Scratch-resistant glass (Corning Gorilla Glass 6), Ambient light sensor, Proximity sensor and many others.

Based on the camera properties and the video technology applied  it is worth noting that its  aimed at movie-makers, with a specific movie creation app and range of settings for optimizing viewing(Optical image stabilization, High Dynamic Range mode (HDR), Time-lapse video, Digital image stabilization, Video calling, Video sharing).

Having mentioned some features and still many more, definitely this brilliant phone has a high  price of Ksh109,000.00 online.

Overall the phone is beautifully designed , fast and of good quality.



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