How bailing struggling institutions out is crippling the fight against corruption

It is worrying that news about individuals running down public institutions is no longer bothering to the Government or even Majority of Kenyans.

More worrying is our endorsement of the new culture of pumping in millions of shillings in an attempt to bail out affected institutions.

Why doesn’t the Government go after those accused of corruption, seize their property and recover that which they illegally acquired?

The other day the Governor of the Central Bank of Kenya (CBK) announced that they would bail out struggling financial institutions to cushion depositors of the ill-fated banks from unnecessarily suffering financial losses.

Mind you these banks have been put under receivership.

I am strongly persuaded that by bailing out these banks, CBK will be bailing out corruption.

Why should we take the trouble of cleaning up the mess left behind by top managers at Chase Bank when they have been accused of fraudulently acquiring huge loans unlawfully?

When he came out, Deputy President William Ruto was very categorical in his condemnation of bloggers for blowing the trouble in the banking sector out of proportion.

While I agree with him in his condemnation of sensational blogging, I really feel disappointed that he did not spell out the decisive measures the Government intends to take to avert future similar occurrences.

Perhaps it was the failure by the Government to get to the bottom of the Dubai and Imperial Bank cases that preceded the Chase Bank.

Kenyans are yearning for success in the war against corruption. Kenyans wish to see those implicated in corruption scandals apprehended, prosecuted and jailed if found guilty.

And it is only when the severest punishment is meted out on the corrupt that corruption would be eradicated in the country.

The Ethics and Anti-Corruption Commission must conduct thorough investigation of corruption cases to avoid the embarrassment of retraction of findings as it happened in the National Youth Service scam.

Such unfortunate occurrences only reveal its lack of commitment in winning the war against graft. The Government can still fight tooth and nail to disapprove critics by saving the country from corruption, the root cause of all our problems.

When the war against corruption is finally won, there would be enough funds for proper teacher remuneration, world class health care for all, and state-of-the-art stadium for the youth in every county and good roads.

Let the government go after those found to have abused office by illegally acquiring wealth at the expense of the common Kenyan.

In so doing, the Government might not entirely win the war against graft but at least they will have won a battle against this vice that has over time morphed into a national cancer.

Nobert Oluoch Ndisio,

Migori County

The closure of Chase Bank has left adversely affected the board of Kenya Society for the Protection and Care of Animals (KSPCA).

I am urging the Government to intervene for the well-being of the animals which now face starvation after food money is locked in Chase Bank. The plight of KSPCA should be addressed since this is where Mkombozi (the stray dog that rescued an infant dumped in Ngong’ Forest) was raised before she became famous in 2005.

 

Joseph Njau,

Rongai

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