November 16, 2018

Raila Odinga questions Sh28 billion loan from UAE to Kenya

Opposition leader Raila Odinga has questioned a Sh28 billion loan from the United Arabs Emirates (UAE),indicating it is a bribe to ensure that Kenya offers the aviation hub a second container terminal.

Mr Odinga asked the Jubilee government to give more details on the loan noting that the funds were given on condition that the UAE government would undertake the expansion and management of the facility.

“This loan looks more like a bribe to senior persons in government than a loan. This so called loan leaves more questions than answers and we want specific answers from none other than President Uhuru Kenyatta,” stated Mr Odinga on Sunday (26/03/17).

According to the former Prime Minister, the government of UAE paid the bribe in form of a loan through Dubai Port World, to manage the terminal.

Raila pointed out that UAE was defeated by other 12 international port operators.

“Can President Uhuru Kenyatta prove to Kenyans that the so-called loan was not a bribe to sway the contract in favour of Dubai? Can he explain how he ended up giving the job to Dubai instead of the more than ten firms that came top? What was the purpose of the tender when the job ended up being given to a defeated bidder,” asked Raila.

The Orange Democratic Movement (ODM) leader claimed that a Chinese consortium – PSA International, which had partnered with a local group – Multiple Hauliers, won the tender.

The government signed a bilateral agreement with the UAE in October last year, where the latter agreed to lend the country Sh28 billion.

The money was to be used in enhancing efficiency of the second container terminal, as well as development of Kipevu oil terminal.

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