"Stop exhibiting ignorance!" - CS Yatani fires back at President Ruto's allies over KSh93M claims

for Tv47 Digital September 22, 2022, 12:41 PM
Treasury CS Ukur Yatani
Treasury CS Ukur Yatani speaking to senators on Thursday, September 22, 2022, in Naivasha. PHOTO/SENATE

In Summary

  • Outgoing Treasury CS Ukur Yatani has dismissed claims that Kenya Kwanza only found KSh93 million after being sworn in power last week
  • Yatani says the Treasury does not keep the money but rather funds the government in its day-to-day activities

Treasury Cabinet Secretary Ukur Yatani has dismissed claims by a section of Kenya Kwanza leaders that the new Kenya Kwanza government only found KSh93 million at its disposal upon assuming power last week.

Speaking on Thursday, September 22 morning in Naivasha during day four of the Senate Induction, CS Yatani said that the Treasury does not keep any money but rather collects revenue every day and funds the government on daily basis.

"Government does not collect money, store it in one place and then distribute it after one month or year, we raise revenue on a daily basis and fund the government on a daily basis.

"Sometimes we as leaders argue out of ignorance. Immediately after the election, some leaders were saying the Treasury did not have money, it was Ksh.92 million that was found. I feel very sympathetic because there is a lot of ignorance about the situation," Yatani told senators.

On September 15, Nandi senator Samson Cherargei claimed that President William Ruto and Rigathi Gachagua only found KSh93 million in the Treasury.

The lawmaker further claimed that the Kenyan economy is no longer in ICU but is rather dead.

"The economy is no longer in ICU But Death because H.E Ruto found only Sh93.7M at the treasury, Uhuru went home with everything. State Capture is REAL. "The country is broke Kenyans be patient H.E Ruto shall fix this through economic transformation and Prayers from all of us. Amen," Cherargei said via his Twitter.

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