Episode 54: The Cost of Corruption
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Episode 54: The Cost of Corruption
The last few weeks have been jarring for Kenyans as we found out that we’d had yet another maize scandal, and this time we lost KES 2 billion at the National Cereals and Produce Board (NCPB) to 21 people. We also found out that we lost KES 9 billion to 10 companies that were irregularly awarded National Youth Service (NYS) tenders. That’s a total of KES 11 billion. A few days ago, it also came to light that we had lost between KES 70 – 95 billion at the Kenya Pipeline Corporation (KPC). This scandal is still unfolding.
Today, were joined by Anzetse Were (@Anzetse), a development economist, to talk about the cost of corruption on our economy. What does this looting do to our country? Press play!
Resources
Detectives dig up dirt in Sh95bn pipeline of scams
Detectives probe possible loss of Sh70 billion at Kenya Pipeline
Treasury auditor on the run as 20 are charged with NYS looting
Revealed: Firms that gained from Sh9bn NYS scandal
NYS did business with ghost firms in Sh9bn tender scam
MPs summon Kiunjuri over Sh1.9bn NCPB scandal
Inside story of the NCPB maize scam
Gov’t reveals names of 21 maize scandal beneficiaries