×
App Icon
The Standard e-Paper
Fearless, Trusted News
★★★★ - on Play Store
Read on the App

The Sh3.3 trillion illegal debt in William Ruto's regime

President William Ruto  has been big on mega projects, the most notable of which is his affordable housing programme. [File, Standard]

President William Ruto’s administration borrowed some Sh3.3 trillion unlawfully over the last three years, a fraud expert, who has uncovered mega corruption scandals in the past, has claimed.

Bernard Muchere, a certified fraud examiner who worked as an auditor at the National Treasury for four decades, argues that Kenya Kwanza’s loans do not tally with the development projects it has implemented.

Full Access for less than Ksh 34 a day
Ksh 999 billed monthly. No hidden charges.
Fact-first journalism you can trust that is independent, accurate, and made for Kenya.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in