CS Yatani responds to claims of President Ruto finding Sh93M at the treasury

CS Yatani responds to claims of President Ruto finding Sh93M at the treasury

By Peter Ochieng

Cabinet Secretary (CS) for finance Ukur Yatani on Thursday broke his silence, following claims that President William Ruto found less than Sh100 Million at the treasury after being sworn in last week.

A section of legislatures aligned to Ruto among them Nandi Senator Samson Cherargei last week claimed that he had inherited a broke Country from his predecessor, Uhuru Kenyatta.

Cherargei claimed that the incoming President only got Sh93.7 million at the treasury.

“The economy is no longer in ICU but dead because H.E Ruto found only 93.7M at the treasury, Uhuru went home with everything. State capture is real,” Cherargei tweeted on Saturday.

However, addressing Senators during their induction forum ongoing in Naivasha, Nakuru County, CS Yatani accused the lawmakers of peddling lies based on ignorance.

“Sometimes we as leaders argue out of ignorance. Immediately after the election, some leaders were saying the Treasury did not have money. I feel very sympathetic because there is a lot of ignorance about the situation,” Yatani told Senators.

He said government revenue is raised and activities funded on a daily basis.

“Government does not collect money, store it in one place and then distribute it after one month or a year. We raise revenue on a daily basis and fund the government on a daily basis.”

He urged Senators to strengthen revenue collecting mechanisms in their relevant Counties, so as to move away from overreliance on Treasury allocations to fund various activities in devolved units.

He said that records show that county councils used to collect more money than it is currently happening, in some Counties across the Country.


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