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Jimi Wanjigi: Kenya has overpaid its debt by KES 1.3 trillion | AM Live
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- Опубліковано 12 чер 2023
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I don't know about you guys but Jimi is a type of person I could follow. Well informed, well spoken and his ability to break down such a complex issue into sizable understandable shunks is just amazing. This is an example of a discussion that we all should focus on.
The best thing about Jimmi wanjigi, he is explaining in the simplest way possible. Someone should be held accountable for that money...5 trillion alone is more than our current budget.
Expose them Wanjigi! We as the sovereign demand our money back and no more excessive taxation! The former administration should be held accountable!
Jimmy Wanjingi is a very brilliant, articulate and focussed leader.
Long live bro
Blow 1000 candles ❤❤❤
Excellent presentation
Jimi can really govern this country
@@petermwaura2757 So why dont we elect him. There was a time he almost vied for Presidency.
By the time one blows 1000 candles, he will be only 45 years. If you want him lead a long live, wish him to blow 1000 candles.
Sometimes back I used to under Estimate hime but what a Brilliant Mind?
Our Host here doing Maths as the rest of us😂😂😂🎉
Ruto can not declare the debt odious since he was part of stealing the money.
All mps were part of the stealing and laxity. What were mps doing when all this was happening?
🔊Say it LOUDER!!! I wonder why people are hiding from this!!!
@@jullietmburu9672 We have to hit the streets...otherwise our goose is cooked.
@@jullietmburu9672 And you are forgetting the mastermind Uhuru mwenyewe.
@Easyork i just remembered,but the debt still looks the same 🤡
We are paying for debts we did not borrow. Thank you Jimi for enlightening us
Your country did so you have to pay for it
You can dare thank a thief??I pity you😢😢
@alvin Kenyatta family.
Jimmy has answered questions many of us have been asking. What has happened suddenly to the economy
Not suddenly but somewhere during the handshake regime!
@@bjournkamau3441 the fact you believe this🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
@@wasongabeatrice the fact that you don't think that is true is actually very delusional of you.
@@leewythaka8309 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
@@leewythaka8309 the economy by 2017 elections was facing the heat already so mambo ya handshake regime issa lie
Jimmy Wanjigi is an excellent example of what being an educated citizen is all about! We need to hold the government accountable and demand answers as to where more than 4.1T Ksh has disappeared to. Those responsible for these financial atrocities should be prosecuted to the fullest extent of the the law. This matter should be handled by the supreme court for sure.
I guess it is more of "smart" than "educated" because we have got many people who are more educated that him but are not anywhere nearly smart as him.
@@bnyams6716 true. Our govt is full of PhDs/doctors, people who went to school abroad, people who have interacted with foreign think tanks. Remember Kemsa billionaires? All doctors!!
If they are behaving like they don't know what they are doing, it's because it works. It's a mind game. If we believe they are incapable, they will have the go-ahead to be incompetent.
I really regretted voting for Uhuru when he, during a press conference, was obviously tipsy and dared to ask us (about rampant corruption), "wha do you want me to do? Mnataka nifanye..???" As if he hasn't been in government, or never went to Kenya school of government, and also studied in the best schools in this country and abroad...
It's like a bad spouse. They will always exploit your mental and emotional tendency to be forgiving, but they never change...
We just need to stop worshipping them. The right people have always vied for the top seat but we ignore them. We need to stop that first, then even the judiciary will respect us and enforce the law.
The person who shud be held accountable is none other than uhuru...uhuru has committed serious financial crimes...he shud be behind bars as we speak.
@@jullietmburu9672 In agreement
@@jullietmburu9672well said
In international law, odious debt, also known as illegitimate debt, is a legal theory that says that the national debt incurred by a despotic regime should not be enforceable. Such debts are, thus, considered by this doctrine to be personal debts of the regime that incurred them and not debts of the state
Their accounts internationally should be frozen, their travel outside Kenta revoked and confined to jail without BAIL. How can afew individuals paralyze the operations if an entire country. I think collectively as Sovereigns we have a healthier and bolder brain including knowledge over this few thugs.
If international laws are like this, why aren’t Kenyan lawyers (judiciary coming forward using the audits as evidence) protecting the Kenyan people from these illegal payments?
@@ianmulli7439 Good question. @kijanamzee754 needs to cite a country that won using these arguments. And he should set out the facts of the case or provide a link.
@kijanamzee754 Can you cite a case and provide a link.
You need balls of steel.....this is Africa, you'll disappear before you say...."your honor"
Thank you Mr. Wanjigi for educating us about these financial matters and telling Kenyans the truth of hidden stuff. You are courageous.
If this is true, then Kenyans should just go to the streets and demand why this is happening, and someone must pay to be honest..., can't be stealing from Kenyans and get away with it..🤬🤬🤬
Kenyans have been going to the streets several times, but the middle class,me included, want to stay safely at home and make noise on social media.
@@jenniferngure1136sooner or later, the middle class won't have homes to stay in as they dismiss the protesters
IF a Rich man like him really crying foul , Kenya we must listen to him. He know this every Kenyan will loose rich or poor
This is the kind of a president we need as a country,let us rally behind Kenyans
Was he not part of the team. Why didn't he protest. He was no.2
@@vmarjorie3712 has he ever held any political office?
@@Accutax I think @V Marjorie is refering to the current prezzo.
I second u very important if he push this well he will get it without opposer
We need the central bank governor and Jimmy on the same table soon,ntv we need this two guys to clear the air on this
And David Ndii,& CS Treasury as well
And what, precisely, does a public discourse hope to achieve? The vast majority of Kenyans is ill equipped to critically analyse any conflicting highly technical arguments. As a result it is likely to devolve into who can shout the loudest or lie most convincingly. Finally we will find ourselves where we began with no solution in sight and a few hours short of valuable time we shall never get back.
There is nothing to clear air here if anything from the documents he has tabled is to go by, we elected leaders who have even borrowing money illegally on our behalf and steal the same money for their own personal and their sycophants interest but not for the development or for the interest of the pple of Kenya. Period!
Jimi Wanjigi is laying out things as they are. Simply genius!
I totally agree with you Mr Wanjigi 💯 Thank you for helping us understand how we have been played
The best thing Kenya did was to isolate mr Wanjigi from government deals. The whole country is now benefitting from his brain.
God works in wondrous ways.
@bennysavo How genuine is he, how come they haven't taken him out? Or does he have good Insurance i.e evidence of names of the deal makers, who got what, when and where.
I would really like to hear my Accounts Head @ Strathmore, Mr Jim B Mcfies analysis of this. He was always good at understanding such complexities. Media should seek his view on it.
Thank you
jimmy please Kenyans listen to this smart guy.
Extremely mind boggling revelations, make's one slowly understand the power play and change of political tunes, handshakes and black mail through Gok agencies. good job Wanjigi, sincerely hope Omtata's case is heard and determined before those warrants are signed, if indeed money was borrowed and lost, loans taken, repaid and not credited, let the regime that was carry their own cross!
Please bring in everyone to explain this. From the governor of CBK, President, former president. People need to explain and return the sovereigns money. Someone needs to explain.
👍
👍🏽👍🏽
kudos Jimmy! brilliant minded leader this country needs but whose leadership will not see the light of day in this tribal aligned country.
Let's take this matter to the Supreme Court and demand accountability. Kenyans need to be explained for on how we got here. The perpetrators of this PONZI SCHEME SHOULD PAY US BACK OUR MONEY.
Well said
We got here by the corruption which was rampant in uhuru regime . I knew it was just a matter of tym for it to catch up with us.
Anton, which supreme court? This one full of hot air! This supreme court of Martha Koome is so compromised that nothing will happen.
Could this be a reason for uhuruto fallout, and the reason why he never wanted ruto close to presidency?.. maybe he feared ruto might expose him..
@@user-ce7us5lq5k No, I don't agree with you here. You will always want to keep someone like that close to avoid information leakage.
This are the leader we need very etiquette n eloquent he knows what he is saying very honest we need central bank audit wanjigi articulate very well thumbs up we need you more
Thanks alot jimmi for enlightening us
Jimmy is very calm, eloquent and articulate on this. No bitterness for not securing any goodies from the KK government at all but brilliantly exposing what "deep state" really means and how it's funded in a layman's language. We the citizens should demand that the beneficiaries of the odious debt be held accountable and boycott paying of government loans until the issue is addressed.
He’s really tried for a long time to explain this. Sisi ndio hatuskii.
@@blackhibiscus1876 Kweli Kabsaa. I have observed that the bigger majority of Kenyans are not interested in real issues but just petty politics of Azimio vs Kenya kwanza.
He explaining this clearly but Zainabu can't even get it, she keeps on asking same questions even after explanation that "domestic borrowing was never approved legally hence it wasn't necessary I the first place since it wasn't anchored to any approval law and from Parliament as approvers or any development" bado anauliza maswali🙄 pthoooo!!
@@KIMCARAUTOPARTS-od5ib The colonial education system did that to us. Kenyans are good at regurgitating facts not analysing facts and linking correlating factors. Also, I highly doubt if she's well versed with Economics. And therein lies the problem, media houses love to employ people who studied straight journalism with zero specialist knowledge eg Law, Economics, Finance, Sociology, Architecture, Medicine etc
Where is Former Auditor General Ouko, and what is his statement?
Thanks Jimmy for opening up this conversation. You are the leader we need at this point in time.
Ouko discovered money was being stolen and was about to go overseas when he clashed with uhuru who wanted to fire him.... Omtatah is the reason Ouko was able to complete his tenure by court order... Can you imagine that.
Truth will always come out. We need to fight for our hard earned money. This regime is brutal and care less if take home zero as long they've their way
The supreme court must order in light of what Mr Wangigi & Omtata are asserting,
an independent audit of our national debt by a reputable international firm
Could such be the debts that went to private off-shore accounts yet poor Kenyans have to pay for?
Yes correct
Exactly, Pandora Papers and all
Yes, Ruto knows about it because they were together with Uhuru all this time. Now Ruto wants to burden us with more taxes to be sent to Caiman Islands. Sisi Wakenya ni Kumbafu kabisa. Everything is very expensive just because about 10 fellows are stealing from us.
@@josephkanyugi3799 Exactly, in fact in the first term of Uhuruto, we lost about 648 billion shillings. RailaUhuru we lost about 4 billion shillings. (the ones we know)
Uhuru, Ruto and Raila are all complicit in this saga.
Wow...haki kenya!😢
We need to rise and demand for our monies,where we failed is when we gave a bunch of idiots in parliament powers to decide and pass bills for over 50 million Kenyans,we need this power back to the people
How??And starting 1st july the government will start taking 1.5 from your payslips.
Very very true
such economic and finance discussions should be interviewed by a cast who has some insights and educational background on the same to have a swift show.
I agree it was one sided
@premiumsoundbybeckan8585 Well said. Sadly most media houses recruit journalism students who never studied a specialism eg Finance, Economics, Law, Medicine or Architecture. Little these interviews are like a conversation between mama mboga /mtu wa kiosk na expert. That is why our election court cases are never explained properly. That is why our politics are centred around personalities and not ideology.
We Thank God For Jimmy wanjigi knowledge and expertise Bravo
I think the problem we have in this country is that we are at a time the government isn't held accountable of it's actions and people are too arrogant to search for answers that the government fails to give us as our rights but we are too busy watching tiktoks and following useless gossips on social media.its the matrix and we should all escape it
Jimi is brilliant
I like Jimmy's articulation and prosecution of this borrowing nonsense 🎉
Jimi, this is thorough man. We need to dig deeper
Every Kenyan deserves to be given a govt return showing every single item of expenditure and income the same way they demand KRA returns from us! That way, we can catch the thieves easily and faster..
It's odious debt, it's odious debt, it's odious debt
411 for Jimmy- good job sir- Kenyans needs to know the truth
Could you Please put these Sheets online so that we can all see and understand them website or a link ??
King Kaka said 'Wajinga nyinyi'. We have to wake up as Kenyans!!! Thank you Mr Wanjigi
So educative bravo mr wanjigi let go to court and disown these debt
How do we pick our leaders? Sovereign let's wake up.
Yes
🎯
Next time invite your colleagues who are finance experts to assist you in interrogating such people
True
Yes
We are being forced to pay for loans that we never received.
jimmy knows his shit , this jounalist has been scholled like a primary school studient
No one has schooled anyone the journalist is there to ask questions
The journalist was asking alot of questions on our behalf, we have all been Schooled, before wanjigi did his investigations we were assuming nothing was wrong
We need another interview between the cbk governor, Jimi wanjigi and speaker of the national assembly.
The interviewer handled it very well, gave him time to explain himself,I'm greatful to Wanjigi for the research he did.
The culprits should start fleeing! We the people are coming for you!!
We need an intelligent journalist to interview wanjigi on prime time news. Awa wengine ni ovyo tu. Every year we set aside money to pay debt but the debt never rwduces. Like this year we are going to use around 850billion to pay debt but next year our loan will still remain
why don't you go to nation centre and call him for an interview, Mr. "Intelligent"?
weakening of the kenyan currency can also be a factor,,our debt is in dollars
When your biggest journalists cannot do basic math, you know your nation is screwed.
Jimmy go to court and have this closed once for all
LOCK THEM ALL UP!!!
When the government borrows (legally or illegally) from banks, banks are not to blame. Banks are doing what they are licensed by the same government to do. What law have the banks broken?? None.
Government is the one to answer why it broke the law. Government is the one to follow those who took the money, get the money back and use that money to repay all those loans and debts.
But the government is not willing to do so because its the same culprits from the previous regime... Its Kenyans for themselves.
I dont think he has blamed banks. He is merely putting it out there for u to decide
@@michaelntimba5157he actually says the banks should be held accountable, by the depositors and the shareholders. Section 37.13 to 37.32 of the video.
@@krebzz3166 Right you are. i must have missed that.
Now I understand why eurobond 1 has never been accounted for and former Auditor General, Eddie Ouko left the audit query open indefinitely
What i can say is that UHURUTO was not matured to Rule this nation..they played childishness always thinking that they were uniting Kenyans..
They stole election 2013 then 2017 too
Just think, the one was to take over from kibaki was RAILA then things changed..
Now RUTO used the same tricks and took over..kimeturamba😢
Jimmy Wanjigi you are the real deal that Kenyans need to have voted for as the CEO of this magnificent country. Your message is like a breath of fresh air needed before this economy goes to the dogs. I hope everyone will see sense in this brilliant expose and demand immediate action!
Can maina wajiki share this summary analysi on debt amounts and repayment for kenya with me? Please
When billionaires have been pushed to a corner to pay taxes. And have no place to evade as they used to.... They all come out fighting spilling the beans of what they have been doing all these years ...
Now lets see what you have paid in taxes
@@IlTjaylI i file zero .....
Zainab is a brilliant journalist!!
In your dreams. She can't even follow along.
No wander he was being attached arrested they guy was saying the truth
This is a very healthy informative presentation.
Truely whispering wisdom to power.
Unpopular decision be made for better future.
How come no one has responded to Wanjigi? He has been raising a lot of weighty issues of concern but no one has challenged him. Could there be some truth?
Thats why Uhuru did a handshake with Raila because he wanted Raila to protect him from investigation. Raila betrayed the real Kenyans with that stupid handshake.
Where was Ruto when all this was happening?
And where was you father all that time?Kwani raila ndio yesu wa kubeba mizigo za wakenya?let Kenyans learn the hard way especially the people from the mountain!
@@martinobwar5273 Ruto is a thief as well. We had all our hopes on Raila to arrest Ruto and Uhuru but he went n joined them
@@alfredorek5446 He said he was taking us from Egypt to Canaan. So he put himself on a bigger task. Truth is that Raila, Ruto and Uhuru are thugs. Raila is just buying time but he is part of these crooks.
But you can't blame him when you know we'll ruto used unorthodox ways to get to power.
The Kenyan government has been verbally trashing our economy even in events attended by international leaders. If a CEO talks recklessly about a business, the value of that business goes down. *Fact* .
It's no surprise that the stock market is doing horribly, government-issued bonds have lower uptake, shilling loss of value has accelerated and Kenya's credit rating was downgraded to B3 just last month -- 3 downgrades in 6 months! Government not only makes borrowing difficult and expensive for itself, it spends more, then resorts to overtaxing Kenyans to compensate!
Businessmen and women are voting with their money, saying they're optimistic. There's great economic value in magnanimity, reconciliation and unity of purpose!
This was pure Brilliance. Asante sana for the enlightin debate.. You know you know!
JW has been talking this for some time and since no one is refuting then its starting to be convincing and very annoying.
Henry Rotich, former Finance minister under the Uhuru-Ruto government has a lot of explaining to do. I hope he doesn't "DISAPPEAR"!
The former cs Rotich, cs yatuni and banks should be taken to court
run for president mr wanjigi..you very impressive educative and more genuine with all these..
Uhuru should be in jail rit now
We shouldnt pay this debt. Maybe why uhuru Kenyatta appeared ill after Ruto won the presidency.
The creditors can as well lose out since they were not allowed to loan in the first place
This can be a good reason for Maadamano
Uhuru should pay and stop disturbing us
But UK said 2billion id stolen every day 2b*360*10yrs 7.2 T makes sence
If we choose the wrong leader this reflects in our nation and economy . Our leaders reflect who we are.
How can we change this? Corruption😮. Everything we accommodate benefits us or destroy us. Therefore we need to be wise as a nation. Why are we crying ?
This predicament is indicative of the inherent flaws within a capitalist society. Our nation, in essence, is the domain of the affluent, and we, its inhabitants, are mere subjects subservient to their interests.
The alarming disregard for our exponentially burgeoning internal debts raises profound suspicions. The perplexing reality that the government solicits loans from financial institutions, irrespective of its negligible necessity and opaque motives, borders on criminality. One cannot help but question how such egregious actions manage to evade scrutiny, given the existence of institutions like the parliament and even the media, entities that ought to pose incisive inquiries.
Upon further reflection, it becomes apparent that those who hold positions of power within the government, as well as those entrusted with the responsibility of overseeing its activities, are, in fact, investors in these very banks. This elaborate scheme serves as a means for them to amass wealth at the expense of the hard-earned money of the common populace. Consequently, it should come as no surprise that we find ourselves weighed down by overwhelming debts, while the purported benefits of the substantial funds we are purportedly enjoying remain conspicuously absent.
@teddy murigi7064 Well said, but next time, less academic (Ivory tower) English and just regular words for an easy read. Cheers!
The government cannot even break down their expenditure and revenues in a clear way like wanjigi has done in a few minutes! where is transparency?
Big fan mr jimmi...bring it on
Parliament passes policies as sessional papers.
lets go odius,,,correct wrongs and free kenyans from a few who benefited from unwise borrowing
The president needs to launch an in inquiry, put the lender into task , form a committee stall the payments for the next 10yrs , use the time and money on the economy
Following closely 🤔 Jimi wanjigi is an intellectual brilliant person explaining very simple complex problems affecting every tax payers. I feel we should have given him the role of the president he would have brought some great change.
And the world bank and IMF keep telling us everything is okay our economy is doing well and yet kwa ground vitu ni different
The Western world will always be happy when we remain poor so that they get cheap Resources
Hivi ndiyo everyone needs to be schooled about Kenyan affairs. Kwanza mama mboga , jamaa wa boda boda and any other citizens renders as wako level ya bottom. Because it is this people that vote the most. So if they're not educated on issues that concerns them . For sure they will vote clowns in the office.
Ongezaa volume wasikie
Jimmy for president
This is why Uhuru used to say 1billion is lost daily
...and the fact was that billions was going into his and his friends pockets.
Maina, uyu ni uriru utonwo. Money available but not real. Continue to unveil these secrets. Amazing
We're sooooooooooooooooooo doooommedd
Those people should pay it , i did support azimio but if Wanjigi is saying the truth , heads should roll ....
I wonder what the "monk" used to do at central bank! Have we all noticed lately that projects donated by partners like construction of Ngomg Road's plaques have all been vandalised?
In short Kenya has no debt!!!
NTV didn't have someone who understands economics to interview Jimmy Wanjigi ?
Jimmy needs to be interviewed by David ndii or Paul mwangi of equity
Uyu Dame ni fala she keeps coming back to the same shit over and over what a dunderhead. Eti have we met the criteria. While she been told currently over and over that we didn't have to borrow the money while we had enough. Meaning it was illegality.
Flat out dumb interviewer.
His reasoning is absolutely sound. Further, the motive operandi is not a mysterious contemporary development. It is long established practiced to accomplish placing the target into indebtedness. Stand your ground and persevere. IDENTITY
Eat what you can afford buy what can pay for.
Finally, the chickens have come to roost...the fruits of bad leadership. We're learning the hard way.
Oflate Wanjigi has made me to have an ear that is very attentive to the developing political- economic affairs facing Kenya.
Perhaps, my interest has been developed by his simplicity of him teaching a subject that many would regard to as being complex, as well as; by the fact that he is bold enough to address a subject that many would regard to as sensitive and classified.
I am enjoying this class and I am convinced that I am a happy student whose time and curiosity to be informed has been well rewarded.
James Bond has already started campaigning. His is simple. Educate the people and let them make an informed decision on their future and how their money is used
Maybe the domestic debt was incurred as we waited to realise the tax revenue i. e. We need to spend today but our revenue will come in next week. ---shorttern borrowing.