Author Topic: How much is a County Governor worth in Kenya?  (Read 798 times)

Offline Githunguri

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How much is a County Governor worth in Kenya?
« on: April 06, 2022, 12:39:13 PM »
Lets look at a county like Machakos.

I think all ballast/kokoto in Nairobi comes from Machakos.There are about 60-80 ballast quarries in Machakos. would peg the number of tipper lorries Machakos sends to Nairobi at over 1000 trucks a day.

The cess fees for each truck is 3000/-.If you are governor and steal 200 truck cess,that's like 600k a day

If you include stone,sand health,mjengo,liquor fees...you hit between 1.5MN-2MN a day.

60MN a month-7-8BN in 10 years.

I think the other beneficiary is the MCA If you are in good books with govenor lots of cash.

No point of being MP or senator.

Offline RV Pundit

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Re: How much is a County Governor worth in Kenya?
« Reply #1 on: April 06, 2022, 02:08:54 PM »
Most governor manage 10B ksh annually - from treasury and own internal source - just assume 10 percent is siphoned off b governors and everyone - so about 1B annually or 5B in 5yrs disappear - gov get largest share - maybe 300m out of 1B - that is 1.5B in five years. Nearly every governor after 5yrs is therefore a billionaire (kshs)

National gov budget is nearly 3 trillion kshs - assume 10 percent disappear - so national gov annually steal 300B kshs - in five years 1.5 trillion. This is money that is divided btw all executive - with PORK getting largest share of anything upto 30-50B per annum - that is anything 150-300B in 5yrs - 300-600B in 5yrs. Every PORK therefore retires a billionaire (in dollars). POrk and Minister will target big projects for their kickbacks. The small guy will target mandazi contracts.

Uhuru got 10% of SGR which is 50B - he has also picked few big signature projects for 10% project management fee - and is certainly going home with more than 100B of his own stash - away from Mama Ngina.

This 10% is brokerage, project management, or sub-contract to supply materials or etc. just plain old kickback. This 10% is what new investors who require gov approval also cede as shareholding for free to big cats.

Offline Githunguri

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Re: How much is a County Governor worth in Kenya?
« Reply #2 on: April 06, 2022, 03:22:44 PM »
You are digressing,

My point stealing before tax not stealing after tax.

There is alot of taxable money nowadays that never gets to the government,

Like in the case of telecoms like Safaricom?Who audits their I think 100BN profit?If am president I have them on speed dial,I want 1BN every month.

Same case with banks they make billions..speed dial I need 3BN every month,

If I give tenders to Chinese worth 500BN...if they bring their raq materials..speed dials...I call KRA and KPA don't tax those people or under report otherwise you are dead...chinese companies stash that money in Dubai using china union pay

Same case with multinationals and processing companies...you underreport tax cook audits and send balance to you or I bankrupt you.

Mining licenses bribes etc etc


That way you make nearly 100 BN annually...Na bado you haven't asked for the 10% kickbacks you are talking about.

There is alot of billions which the president or governor can steal before it gets to government account

Offline RV Pundit

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Re: How much is a County Governor worth in Kenya?
« Reply #3 on: April 06, 2022, 04:43:05 PM »
That can only happen in Banana republic without any auditors.
The stealing is a lot more sophisticated than that.
Stealing is easy - but stealing without leaving your fingerprints and footprints all over the seen is what they do.
Otherwise you'll be thrown to jail very easily.
Money is stolen through procurement. Rarely at source.
Stealing 10bob all over is spreading the risk of being caught.
You are digressing,

My point stealing before tax not stealing after tax.

There is alot of taxable money nowadays that never gets to the government,

Like in the case of telecoms like Safaricom?Who audits their I think 100BN profit?If am president I have them on speed dial,I want 1BN every month.

Same case with banks they make billions..speed dial I need 3BN every month,

If I give tenders to Chinese worth 500BN...if they bring their raq materials..speed dials...I call KRA and KPA don't tax those people or under report otherwise you are dead...chinese companies stash that money in Dubai using china union pay

Same case with multinationals and processing companies...you underreport tax cook audits and send balance to you or I bankrupt you.

Mining licenses bribes etc etc


That way you make nearly 100 BN annually...Na bado you haven't asked for the 10% kickbacks you are talking about.

There is alot of billions which the president or governor can steal before it gets to government account

Offline sema

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Re: How much is a County Governor worth in Kenya?
« Reply #4 on: April 06, 2022, 10:41:47 PM »
Quote
and is certainly going home with more than 100B of his own stash

You are saying Uhuru is worth $10 billion dollars from theft? in a non-oil rich country? Do kenyans overrate the wealth they have? they said that about Kirubi and in the end it showed he was "only" worth about $200 million dollars total. Everyone assumed he was a dollar billionaire or close to it.