Monday, January 19, 2009

KCB-Triton: even more unanswered questions

So KCB has decided to settle out of court.

  1. So are we taxpayers footing Ksh7bn and foregoing another Ksh2bn owed to KRA? Yani a third of what our Ksh18m SUV-driving corrupt ministers were begging for on Friday.
  2. In the meantime, Devani can arrange his next Ksh300m party. A nice % of what our criminally-low paid teachers are asking for?
  3. What did happen to the 126m litres of oil? Did Triton employees drink it?
  4. KCB-apparently has a credit risk committee that meets twice a month. To play golf and review the odd Ksh0.9bn loan here and there. Every bank has what are called credit limits for each of its loan officers. So a loan of this amount would almost certainly have required some senior authorisation. So why were juniors sent home?


Ssembonge said...

What happened? This is definitely not the Maina of pre-2007 elections.

I'm glad you can smell the coffee.

MainaT said...

Ssem-wacha uchokozi :-) The Nai heat is boiling you...

Anyway, not sure when you started passing by but recall this post or this one