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Sunday, March 1, 2009
THE TRUTH..FROM MARSGROUP...THE FIGHT AGAINST CORRUPTION
Finance Minister, Uhuru Kenyatta has a duty to stop the payments that he exposed
as fraudulent: It is time to admit failure of the fiduciary duty by the
Permanent Secretary, Ministry of Finance, Joseph Kinyua, who is the Accounting
Officer and custodian of Kenyan tax payer’s money.
Today, the 27th of February 2009, Joseph Kinyua, the Permanent Secretary in the
Treasury and Accounting Officer at the Ministry of Finance knows that the
Government has not cancelled the Irrevocable Promissory Notes on the Midland
Finance deal.He is aware that no money was ever received by the Government of
Kenya by his own admission to justify repayments. Kenya has had an opportunity
to prove this Fraud by cooperating with the UK’s Serious Fraud Office, where
they have identified Anglo Leasing beneficiaries, including the Midland deal.
The PWC report has concurred with the findings of Kenya’s Controller and
Auditor General that the Government of Kenya has never received money from
Midland Finance and Securities Ltd and that the Government of Kenya does not
Know who Midland Finance and Securities Ltd is.
So, who did the Government of Kenya enter into this deal with? Who did the
Attorney General, Amos Wako confirm was Midland Finance and Securities Ltd? How
did Amos Wako confirm that money had been delivered to the Government of Kenya
as stated in his legal Opinion? Wako in his legal opinion says “In my opinion
the Credit has been fully authorized and signed and delivered on behalf of the
buyer and is legally binding upon the buyer in accordance with its terms.”
In Light of Mr. Kinyua’s admission and the commitment by the Attorney
General, it is clear that we need the intervention and assistance of the
International Community, and in particular the immediate cooperation with the
UK’s Serious Fraud Office.
The truth, Mr. Kinyua, will set you free!
The Midland Deal:
On 29th May 2003, less than 150 days after Mwai Kibaki was sworn in as
President of the Republic of Kenya, and after his famous pledge that Corruption
would cease to be a way of life in Kenya, “Corruption will now cease to be a
way of life in Kenya and I call upon all those members of my government and
public officers accustomed to corrupt practice to know and clearly understand
that there will be no sacred cows under my government." Mwai Kibaki 30 Dec 2002
his Government entered into contracts with “Ghosts” for fictitious credit
loans to Kenya. The supply contracts are also fictitious. The Midland deal is
one of 18 such scams.
Read Full Post at: http://blog.marsgroupkenya.org/?p=610
www.marsgroupkenya.org
Watching Out for You.
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