President Uhuru Kenyatta has authorised the Treasury to pay out Anglo Leasing debts with immediate effect.
In a statement sent by State House spokesperson Manoah Esipisu to newsrooms on Thursday, President Kenyatta also ordered fresh investigations into the Anglo Leasing transactions.
“The government has exhausted all judicial options to forestall payment of the judgement debts and the way forward is for the government to settle to minimise further loss as the outstanding awards continue to accrue interest. It is therefore imperative that these debts are settled.
“Government has today, therefore, authorised the Cabinet Secretary, National Treasury, to pay the judgement debts with immediate effect,” read the statement.
“By making this payment, the President is not legitimising what he and many Kenyans believe to have been a series of fraudulent transactions. Therefore, the President has ordered fresh investigations into the cases.
“Kenya now has a fully constituted Ethics and Anti-Corruption Commission which can and should take this process forward. There are also other agencies, including parliament, that could play a role.”
President Uhuru Kenyatta has authorised the Treasury to pay out Anglo Leasing debts with immediate effect.
In a statement sent by State House spokesperson Manoah Esipisu to newsrooms on Thursday, President Kenyatta also ordered fresh investigations into the Anglo Leasing transactions.
“The government has exhausted all judicial options to forestall payment of the judgement debts and the way forward is for the government to settle to minimise further loss as the outstanding awards continue to accrue interest. It is therefore imperative that these debts are settled.
“Government has today, therefore, authorised the Cabinet Secretary, National Treasury, to pay the judgement debts with immediate effect,” read the statement.
“By making this payment, the President is not legitimising what he and many Kenyans believe to have been a series of fraudulent transactions. Therefore, the President has ordered fresh investigations into the cases.
“Kenya now has a fully constituted Ethics and Anti-Corruption Commission which can and should take this process forward. There are also other agencies, including parliament, that could play a role.”
