Uhuru destroyed the Kenya shilling using euroboonds

[Githunguri]

• Tweet

When Uhuru took over in 2013.This was the case:Monday 1 April 2013 $1 USD = KSh85.3704.Today the rate is 125.

That's a 40% loss I think.The beneficiary is the person who bought the Eruobond and is earning his money back in dollars.if we were paying $1BN dollars in dollars denominated debt then,we are now servicing the same debt at $1.4BN.

That is 40BN getting lost annually out of ignorant policy mistakes.Why couldn't they borrow from local bank through syndicated financing?Bring equity kcb nssf mutual funds etc and Kenyans through mpesa.pool 1TN ksh and build these roads Rails and dams?

You can imagine what loosing the hustled of KRA officers collecting 40BN shillings annually and then loosing the same money in dollars denominated loans by Uhuruto called Eruobond to some conman in ireland.

That 40BN is like 2000KM of roads or two mega dams somewhere in North eastern with harvested rain water.

When I hear somebody praise Ruto bottom up I ask myself wher4 was he when these loans were being procured?What a tragedy in our lifetime.

[RV Pundit]

Blame Uhuru without latching on Ruto. The 2nd term is to blame for the disaster. 1st term ended 5yrs ago. You can also blame handshake and Raila who is committed to continue with this disaster.

Ruto - wait hapo 2032 when he will be done with 10yrs then come and blame him.

When Uhuru took over in 2013.This was the case:Monday 1 April 2013 $1 USD = KSh85.3704.Today the rate is 125.

That's a 40% loss I think.The beneficiary is the person who bought the Eruobond and is earning his money back in dollars.if we were paying $1BN dollars in dollars denominated debt then,we are now servicing the same debt at $1.4BN.

That is 40BN getting lost annually out of ignorant policy mistakes.Why couldn't they borrow from local bank through syndicated financing?Bring equity kcb nssf mutual funds etc and Kenyans through mpesa.pool 1TN ksh and build these roads Rails and dams?

You can imagine what loosing the hustled of KRA officers collecting 40BN shillings annually and then loosing the same money in dollars denominated loans by Uhuruto called Eruobond to some conman in ireland.

That 40BN is like 2000KM of roads or two mega dams somewhere in North eastern with harvested rain water.

When I hear somebody praise Ruto bottom up I ask myself wher4 was he when these loans were being procured?What a tragedy in our lifetime.

[Githunguri]

Blame Uhuru without latching on Ruto. The 2nd term is to blame for the disaster. 1st term ended 5yrs ago. You can also blame handshake and Raila who is committed to continue with this disaster.

Ruto - wait hapo 2032 when he will be done with 10yrs then come and blame him.

When Uhuru took over in 2013.This was the case:Monday 1 April 2013 $1 USD = KSh85.3704.Today the rate is 125.

That's a 40% loss I think.The beneficiary is the person who bought the Eruobond and is earning his money back in dollars.if we were paying $1BN dollars in dollars denominated debt then,we are now servicing the same debt at $1.4BN.

That is 40BN getting lost annually out of ignorant policy mistakes.Why couldn't they borrow from local bank through syndicated financing?Bring equity kcb nssf mutual funds etc and Kenyans through mpesa.pool 1TN ksh and build these roads Rails and dams?

You can imagine what loosing the hustled of KRA officers collecting 40BN shillings annually and then loosing the same money in dollars denominated loans by Uhuruto called Eruobond to some conman in ireland.

That 40BN is like 2000KM of roads or two mega dams somewhere in North eastern with harvested rain water.

When I hear somebody praise Ruto bottom up I ask myself wher4 was he when these loans were being procured?What a tragedy in our lifetime.

I think before handshake 2018 March.. Uhuru & Ruto borrowed about $6BN dollars in Eruobonds.Thats over 600BN KES.The Auditor General protested at the time because some of these monies couldn't be accounted for.To add pain to the injury Uhuru & Ruto refused public scrutiny of documents on SGR Ports Power Generation contract documents some of these projects were funded in dollars denominations and overpriced for know reasons.

Let us now start talking about Uhuru-Raila from March 2018-2022.

[RV Pundit]

Get facts right. Jubilee 1.0 issued one Eurobond in 2014 - the debut of 3B dollars. Jubilee 2.0 has issued the 2nd and 3rd in 2018 and I think 2021 or something like that.

Blame Uhuru without latching on Ruto. The 2nd term is to blame for the disaster. 1st term ended 5yrs ago. You can also blame handshake and Raila who is committed to continue with this disaster.

Ruto - wait hapo 2032 when he will be done with 10yrs then come and blame him.

When Uhuru took over in 2013.This was the case:Monday 1 April 2013 $1 USD = KSh85.3704.Today the rate is 125.

That's a 40% loss I think.The beneficiary is the person who bought the Eruobond and is earning his money back in dollars.if we were paying $1BN dollars in dollars denominated debt then,we are now servicing the same debt at $1.4BN.

That is 40BN getting lost annually out of ignorant policy mistakes.Why couldn't they borrow from local bank through syndicated financing?Bring equity kcb nssf mutual funds etc and Kenyans through mpesa.pool 1TN ksh and build these roads Rails and dams?

You can imagine what loosing the hustled of KRA officers collecting 40BN shillings annually and then loosing the same money in dollars denominated loans by Uhuruto called Eruobond to some conman in ireland.

That 40BN is like 2000KM of roads or two mega dams somewhere in North eastern with harvested rain water.

When I hear somebody praise Ruto bottom up I ask myself wher4 was he when these loans were being procured?What a tragedy in our lifetime.

I think before handshake 2018 March.. Uhuru & Ruto borrowed about $6BN dollars in Eruobonds.Thats over 600BN KES.The Auditor General protested at the time because some of these monies couldn't be accounted for.To add pain to the injury Uhuru & Ruto refused public scrutiny of documents on SGR Ports Power Generation contract documents some of these projects were funded in dollars denominations and overpriced for know reasons.

Let us now start talking about Uhuru-Raila from March 2018-2022.

[Githunguri]

Get facts right. Jubilee 1.0 issued one Eurobond in 2014 - the debut of 3B dollars. Jubilee 2.0 has issued the 2nd and 3rd in 2018 and I think 2021 or something like that.

Blame Uhuru without latching on Ruto. The 2nd term is to blame for the disaster. 1st term ended 5yrs ago. You can also blame handshake and Raila who is committed to continue with this disaster.

Ruto - wait hapo 2032 when he will be done with 10yrs then come and blame him.

When Uhuru took over in 2013.This was the case:Monday 1 April 2013 $1 USD = KSh85.3704.Today the rate is 125.

That's a 40% loss I think.The beneficiary is the person who bought the Eruobond and is earning his money back in dollars.if we were paying $1BN dollars in dollars denominated debt then,we are now servicing the same debt at $1.4BN.

That is 40BN getting lost annually out of ignorant policy mistakes.Why couldn't they borrow from local bank through syndicated financing?Bring equity kcb nssf mutual funds etc and Kenyans through mpesa.pool 1TN ksh and build these roads Rails and dams?

You can imagine what loosing the hustled of KRA officers collecting 40BN shillings annually and then loosing the same money in dollars denominated loans by Uhuruto called Eruobond to some conman in ireland.

That 40BN is like 2000KM of roads or two mega dams somewhere in North eastern with harvested rain water.

When I hear somebody praise Ruto bottom up I ask myself wher4 was he when these loans were being procured?What a tragedy in our lifetime.

I think before handshake 2018 March.. Uhuru & Ruto borrowed about $6BN dollars in Eruobonds.Thats over 600BN KES.The Auditor General protested at the time because some of these monies couldn't be accounted for.To add pain to the injury Uhuru & Ruto refused public scrutiny of documents on SGR Ports Power Generation contract documents some of these projects were funded in dollars denominations and overpriced for know reasons.

Let us now start talking about Uhuru-Raila from March 2018-2022.

Stop silly arguments.

There was a $750 issue I think in 2016..The $2BN issue in 2018 was before handshake.Thats almost $6BN.

A Eruobond is a dollar denominated debt,How much dollar denominated loans did Uhuru procure for port dam and rail by 2018?

[patel]

I agree it's fair to lay blame on Eurobond and county medical equipment con on Uhuruto. Ruto should explain what he knew/knows and the advice he gave regarding this mega scam. Up to date no one knows where the Eurobond money went...we need details.