Wednesday, July 22, 2009

The coming campaign money tsunami

My baseline guest-estimates is that between last year when the grand collision came into effect and mid 2011, PNU and ODM will each have raised Ksh2bn+ in preparation for 2012. The main ways this will be;

1. Kickbacks on large projects and especially roads building. Note this doesn’t have to be done upfront merely inflation of costs.

2. Obscure and uncontrolled projects such as those aimed at liberating Vijana and Wanawake from poverty. With fairly undefined rules.

3. Financial pledges for services rendered. Catch all but includes business connections abroad and at home


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