DISPATCHES
That was three years after he was dismissed along with finance minister Henry Rotich from his post as principal treasury secretary in Uhuru Kenyatta's administration...
READ FOR FREE
Haji's case against former Treasury CS Henry Rotich for his role in the Arror-Kimwarer dams scandal remains on the books...
It was Kenya's fourth issuance of a Eurobond in seven years and the first for Treasury Secretary Ukur Yatani the successor to Henry Rotich the man who engineered the ruling Jubilee administration's expensive debt habit (AC Vol 60 No 18 Spending on the hoof)...
The resignation from the Treasury of minister Henry Rotich and permanent secretary Kamau Thugge on unlikely corruption allegations in mid-2018 saw the exit of the last two of a respected team of economists statisticians and planners associated with the Kibaki years of rapid growth with a declining debt burden (AC Vol 60 No 15 A killing joke)...
In a memo to the cabinet then Finance Chief Secretary Henry Rotich explained it thus: 'The Agreement will require KPA to deliver to [Kenya Railways Corporation] a specified amount of cargo which is sufficient to meet the loan repayments...
The then Treasury Secretary Henry Rotich told reporters in May that the facility would be restored within two months...
This was the projection made by the then Treasury Secretary Henry Rotich when he presented the annual budget to parliament in June after long consultations with the cabinet major state enterprises the IMF and the World Bank...
In September 2016 he approved the capping of interest rates 'to help low income borrowers' against advice from the government's top economists – Central Bank governor Patrick Njoroge Henry Rotich Kamau Thugge and Geoffrey Mwau...
But the dismissal of Finance Minister Henry Rotich (a Kalenjin) following the corruption charges filed against him on 22 July regarding the CMC Di Ravenna dams project may lead to that rupture so incensed are most Kalenjin leaders with Kenyatta and Odinga whose anti-corruption drive in their view unfairly targets Kalenjin in public office (AC Vol 60 No 14 Roads rails pots and kettles – see Box Dams – the consequences)...
Dams – the consequences Whatever happens now the arrest and charging of Finance Minister Henry Rotich his Permanent Secretary Kamau Thugge and 24 more government officials marks a historic landmark in President Uhuru Kenyatta's campaign against corruption which he sees as a major legacy of his time in office (AC Vol 59 No 19 Populists hack at the budget)...
Legacy huntBut while spending is slightly down in Kenya Treasury Cabinet Secretary Henry Rotich's grandly titled 'Creating Jobs Transforming Lives – Harnessing the Big Four Plan' is about legacy rather than concerns about austerity...
READ FOR FREE
Both consider Treasury Cabinet Secretary Henry Rotich and his top associates Principal Secretary Kamau Thugge Economic Secretary Geoffrey Mwau and Central Bank Governor Patrick Njoroge – all whom have worked for the Fund at some point – as parties in an IMF conspiracy which aims to hit the poor with austerity measures cuts in public projects and handouts and market-determined interest rates (AC Vol 59 No 14 Hanging on a handshake)...