Whilst we still have "experts in financial matters, professional lawyers, and priests, the moral guardias" who still stand clueless. They conveniently remained silent since then, and also during handshake era.
@@TrendingTickerhe was right when he clashed with uhuruto government's idea of using tax payers money for sgr making it a government project thereby borrowing in the name of Kenyans . A project is best runed as a private investment rather than leving the whole loan burden on tax payers
What is painful to understand is why a private citizen has to identify these money laundering schemes when there is public funded agency? It’s an evidence of failed institution.
@@therealzondocommission728 RUBBISH!! You are trying to blame me for your stupid decision to elect a mwizi to run your country? Boss, peleka hio porojo canaan.
When I read the book " Confessions of the Economic Hitman" I knew Eurobond never arrived in Kenya just like our students in Uasin Gishu never went to Finland
It is a mistake to ever bring Jimi on and only give him 45 minutes. We already know that, so please let us not do that again. Also, perhaps allow Jimi to speak without too much interruption. Try to time the interruptions better cause it allows him to explain more. On another note, Ruto needs to explain this Eurobond since he is taxing wananchi heavily in order to pay back this loan.
😂Same corruption is occurring at lower levels such as counties. We've given the corrupt too much leeway to rob us. I should be allowed to view my counties bank statements as well.
@@Wakereu whether he is marketing himself or not, what he has presented is in public and no government official has dismissed him because trying to defend a transparent lie is impossible. You should be happy that he is risking his life like Jacob Juma to raise these issues, but you now want to blame him that it is marketing. Ridiculous!
7:26 explains why Ruto has not disputed or accused Uhuru as the sole person responsible for the mysterious debt. He was part of it as explained by the disagreement he had with the late Juma. That is the money CS Rotich was availing to him for free donations in Churches until Uhuru changed the notes. As long as Ruto is in power, nobody will be sued over this. I hope 20 years later, someone comes for their wealth the way it happened 40 years later to former Angola's President's family, José Eduardo dos Santos. Many people were assassinated in an attempt to cover up corruption during his tenure, but eventually his son was jailed in Angola, the daughter Isabel dos Santos is in exile avoiding arrest, her wealth freezed, former personal banker killed in his garage, and her husband died in a mysterious car acccident in Dubai. Enjoying life at the expense of other poor Kenyans may look glamorous while it lasts. History has demonstrated that one day, political life built on illigalities crumble, and when it does, the oppressed get a better future, while the oppressors languish in sorrow. It will be a joy to witness that day in Kenya.
I think you need to designate a whole 7pm bulletin to this Patriotic Kenyan businessman Maina Wanjigi. Very knowledgeable and a civic educator. Let him be the news hour man for the country, he needs to be awarded a presidential citizenry medal.
Malaysia had a vaguelly similar issue with their development fund called 1MDB, and a major US bank was found to have facilitated that corrupted deal and were fined heavily. I'm not holding my breath that this will happen here.
my fellow kenyans,why would we be paying such taxes in our jobs and businesses!!while paying for non existent and unconstitutional money borrowed and stolen by few individuals.Wake up Kenyans.leave behind blame game,leave behind tribal line nor political affiliations and focus.focus and refuse.even if you are the MT.Kenya,rift valley,nyanza,coastal,eastern,nairobi,western or north easternian.dont see Raila,ruto or uhuru here.see your nation and see yourself and the taxman on your door🤨
We as citizens reject good, professional people like Bwana Wanjigi for president and pick clowns who keep gambling with our beings. Very sad situation.
Which good people let him tell us about his wealth how he got it this is one of beneficiary of china loans he onily talk when he dont get Tender if he could have won SGR Tender could he have talked?useless man spreading propaganda with bitternes we all know who was the Controller of Budget when EURO BOND SCANDAL Came out who was also minister of finance rotich the problem with kenyans pretend they dont know what was happening in jubilee government when uhuru and ruto took power uhuru was apresident by name but the one who was controling things was ruto he demanded 50% of government his party he demanded all the docket that has money onily to put his tribe men to help him in looting uhuru was always in icc leaving ruto the country to govern he looted everything and with this money he made sure to used it to get to power he bought every one around uhuru no wunder moi even in his death bed he rejected ruto
The reason why Uhuru was supporting maandamano, is because he knows Maandamano brings instability and confusion and therefore no one will be looking at what he did. But when there is calm it is easer for people to look at the mess he created. He is hiding behind Raila.
@@Easyork then why is Ruto against the same maandamano since Uhuruto kicked off the Eurobonds in 2013? Moreover, Ruto officially owns the debt mess after he signed the warrants to repay odious debts under the 23-24 finance act so using your logic he would be supporting maandamano as a distraction as well yeah?
@@stove7197 I agree Ruto is Implicated after signing of the warrants to repay the illegal loans. but you must understand when it comes to court charges, he is an accomplice. I don't get it, why is it that people are afraid or paid to avoid mentioning Uhuru is the mastermind of the whole scheme. There is no way CBK or a Ministry will open a government account outside the law without the presidents knowledge. I firmly stand with the title: "WANJIGI: Uhuru Is Personally Responsible For $2Billion Eurobond. Kenyans Shouldn't Pay" All in all we are waiting for the courts pronounce the debt is odious. Then we charge the to presidents for the illegal activities related to the same.
Mr. Wanjigi James should consider being a member of the podcast, He is just incredible as a person. He should be our next president because Kenya is becoming Africa's economic Hub and we need a business minded president next.
I have been listening to wanjigi, omtata and the so many people talking and our debt and how kenyans have been looted in broad daylight, thus i ask, why is the supreme court silent, why is the DCI silent, why is the opposition silent and what is next?
Mtu Wetu syndrome won't allow, wanjigi included: Remember wanjigi warning Ruto that he touched a live wire for asking the kenyattas' to pay their fair share in taxes?
Lol...which ones? Eurobonds are issued by the same Bretton Woods-tied institutions that run the World Bank etc. so they're tied tightly to Western interests. The only remedy is Kenya declaring the debts as odious and therefore not owed by taxpayers. I believe one African country did this and actually forced JP Morgan to return the money.
Mr. Wanjigi...can all this information be interplated in various languages for our Kenyans who don't understand English? All Kenyans need this kind of education. Thank you Mr. Wanjigi. You got my vote.
Let's professionally communicate to the lenders telling them who initiated and benefitted from their loan, and therefore who is liable to pay them $2bn plus interest. Also inform them that we shall no longer be servicing the debt, as they should approach that borrower for it. Finally, file a court case on it and invite both lender and borrower to defend their situation there
I have a feeling that there is no way this big banks can open this kind accounts with out doing enough KYC.all the players have gotten their hands soiled.The people involved must pay back the money.Thanks alot Spice fm team.Jimmy wanjigi,Okiya omtatah,and John Allan namu.are the ones who should run this country.
I'm sure you have heard of the term; " Power corrupts absolutely" Even for a person of integrity morality decreases as power increases. The gentlemen you have mentioned would be well suited to keeping the "powers that be" in check and probably advisors rather than at the forefront. They'll be the "silent" weapon of good governance.
@@masonsanders7689... Okiya would be killed within a week! .... Look how they attacked his house to take files and data, and he didn't have any security measures .... He is operating very naively. He doesn't recognize the threat level that comes with his position
@@wayandoOkiya's house was never attacked. They attacked his Busia office. When he is the President, security level changes. What kind of argument is this you are making? 😂
This sounds like goldenberg scandal of 1990's, what Jimmy Wanjigi is highlighting in terms of money coming to kenya and very suspicious account being opened outside kenya.
Why would a lender deposit money into an account which is not a CBK exchequer account? That is careless lending. How do they prove that the country owes them money? Something is not adding up. Wanjigi evaded this question from Nduu.
*@theroadtoelectric4051* The lender wires the loan amount to the account of the borrower as provided by the borrower. That, is the full discharge of his duty and obligation in that matter. The veracity of the account details are the problem of the receiver of the funds and the lender is under no obligations to police the accounts of the receiver. The buyer of a bond is, essentially, giving the seller of the bond, a loan; but unlike other loans where the terms and conditions may sometimes be quite onerous, the proceeds of a bond sale are deployed by the seller without undue restrictions. The lender is only interested in getting his money back, plus interest. And so long as he has the security (the bond and bond coupons for interest,) in exchange for the money, that's all that's needed. How the borrower uses the funds, is his sole business. *Nobody is going to baby-sit a borrower, or teach him morals, so the question of irresponsible lending is not relevant, at all.*
This plan was simple. Get a loan in the name of GOK. Keep the cash and leave GOK to pay for it. Now they have the money while we're paying heavily with interest. It is Uhuru who should be paying for the debt. The cash never left New York but stayed in his Pandora account there.
Please note NIC and CBA merger to form NCBA. Both are locally founded banks. Citibank on the other had is a bank founded in USA. It also has a branch in Nairobi, Upper Hill.
@panafricannation... We have Kenyans playing in the big leagues internationally ... Especially when they have unlimited funds from controlling the whole government like it was their backyard.
Great interview! Suggestion, if you could all table your questions and time them so as not to constantly interrupt Jimmie on his train of thought, that would be great. Some of the questions you guys are asking you either end up answering them on your own or you actually have answers to, you know, rhetorical questions....
No wonder when Ouko insisted that he had to travel to New York to investigate possible fraud of the Eurobond,Uhuru intimated him by acting surprised that such a thing as collusion to fleece public funds between the govt of Kenya and the Federal bank in New York can occur.He even proclaimed the word,Ngai!!At that time is when he was asking Kenyans what to do with fight against corruption that he has not done.I am done the acting of our leaders.
Kenya has being living an illusion since 1884. Only revolution ita save kenya. Hungry Kenyans wata kuwa thuggish and gangsterrish and revolutionize kenya yote.
By who? Are you forgetting that all this people mentioned need to do is to give a few coins to the investigation officer and there will be no results. With the current gavaa. Waste of time.
That's why i hear someone saying that uhuru did massive job and i would just say lord have mercy on our people coz they dont know who was the real uhuru behind the scene and even our current president and what scares him is coz he know after the Gen Z revolution come the year 2027 how will be the outcome coz all economic crimes will be combined together and brought to justice to this nation
This information will be useful in 2027,we should vote in someone who is not involved in both kk and jubilee government after that they will be dealt with without mercy
In 2012/13, the chorus in Central Kenya was Uhuru is too wealthy to steal from Kenyans. If there's a region that's killing Kenya from within, it's Central.
That’s why Kenya will never move! This is an individual Kikuyu smoking out another individual Kikuyu, who has duped ALL Kenyans, including poor fellow Kikuyus, and all that can come from your stinking mouth and soul is “Central”???!!!!! Where did you see me there? I only saw Raila handshaking his brother Uhuru, and all Raila minions started calling for Uhuru to be respected! So where is your illogical argument taking you Jaruo or whateva you are, now that it is okay by you to involve entire communities???
Jimmy Wanjiru understands the banking system For Eurobonds debt financing one has to work with a bank for issuance of the debt bond structure, handling prospectus, subscriptions of the fixed debt securities in the bond market A securities account would have to be opened on behalf of the customer at the euro bond icsd JP Morgan was the facilitator and thereby opened a bistro account on behalf of the supranational ( government)
😂 I want to cry coz of debt but at the same time, We should thank this man. JAMES BOND and his rolls Royce & obsession with number 777. And not to forget funding ODM with helicopters. We should get his whole background story. At one point he did have his name in the obituary section. That to me was a line Ngengi kamau Jr. should never have crossed. Anybody sworn to secrecy would no longer be bound because of such gimmicks.
Uhuru said clearly that 2billions was stolen everyday but he never said who was stealing I don’t understand why Uhuru has not been charged for abuse of office and money laundering
We will stand with you brother in prayer,,may Good Lord protect you,,, when that time comes Jimmy you need to govern the affairs this country or rather advise His Excellency The President Ruto
@@klaguardia2326they always exist. Dr. Aukot has been there but people went tribal. Bishop was available, people chose tribal. That is a petty excuse.
The small boys in treasury and their collaborators and enablers must know that they won't get away with this heists. We shall deal with them decisively
They obviously are because he was deputy president when the Eurobond started in 2013…he’s also already inherited it as soon as he signed the warrants to continue repaying the odious debts by raising taxes under the finance act.
If kenya refuse to pay then jp morgan chase has to salvage things & bring the two cosigners of the account into international financial court but only if kenya refuse to pay
I guess the account open at JB Morgan or city may be the role of investment bank in sovereign bond issue. The core issue is to check for evidence of transfer of the gathered finance to the nations check account. It warrants a foreign bank to gather the resources out of the local currency. This does not oppose the presence of fraud but just to ensure we know it is possible have a foreign account within an investment bank to support the underwriting process.
This is correct.. Its the norm for govts to have accounts with international banks, particularly the 3 named, which are usually involved in providing issuer services to govt... Essentially assisting them to issue sovereign bonds in the bond market ..
@@bryanotieno7106 Kenya will not default, How can you default on loans you didn't take. The defaulters will be the loan takers not Kenya. Kenya will pay on all it's loans.
It's not like Kenyans don't read, but imagine how that's possible if I have to get a lawyer to write to treasury to get info which I am then supposed to analyze! However it's commendable for likes of wanjigi who use their resources to get that info, not to mention the risk on their lives..
Wanjigi has done a deep research on this finance pandora
Whilst we still have "experts in financial matters, professional lawyers, and priests, the moral guardias" who still stand clueless. They conveniently remained silent since then, and also during handshake era.
Wanjigi is bitter because he missed the gravy train
@@TrendingTickerjust shut up mahn
@@TrendingTickerwacha ujinga.
@@TrendingTickerhe was right when he clashed with uhuruto government's idea of using tax payers money for sgr making it a government project thereby borrowing in the name of Kenyans . A project is best runed as a private investment rather than leving the whole loan burden on tax payers
What is painful to understand is why a private citizen has to identify these money laundering schemes when there is public funded agency? It’s an evidence of failed institution.
In Kenya whomever is President controls all these institutions.
That's why everyone wants to be President so badly
@@wayandoNot me boss. I am very happy with my "nobody" status😂😂😂
@@Kittygacha_playzGod bless you.....but.... when things go wrong, it's your fault for not caring
@@therealzondocommission728 RUBBISH!! You are trying to blame me for your stupid decision to elect a mwizi to run your country? Boss, peleka hio porojo canaan.
Painful how? As a Kenyan you should know better than to leave ,matters to a public institution. Maybe you are not a Kenyan since you seem so clueless.
When I read the book " Confessions of the Economic Hitman" I knew Eurobond never arrived in Kenya just like our students in Uasin Gishu never went to Finland
Just read a couple of pages and it seems interesting...
Wueeeh! That comparison to Uasin Gishu students is over the top hilarious 😂😂
Sure, John perkins shows the real thugs acting democrats...n now in Niger west Africa n Ukraine..Afghanistan flopped, thank God.
Actually there are some who went to finland. How do i know? One of them died there and there was a harambee to bring the body back.
@@Kittygacha_playz I don't think he meant none at all went to Finland. Hyperbole is a figure of speech 😂😂
cover this man in prayers people.. he's uncovering some serious stuff!
It is a mistake to ever bring Jimi on and only give him 45 minutes. We already know that, so please let us not do that again. Also, perhaps allow Jimi to speak without too much interruption. Try to time the interruptions better cause it allows him to explain more. On another note, Ruto needs to explain this Eurobond since he is taxing wananchi heavily in order to pay back this loan.
Bring Wanjigi every week. You want know about all behind the scenes criminality that happens in the high GoK offices.
😂Same corruption is occurring at lower levels such as counties. We've given the corrupt too much leeway to rob us. I should be allowed to view my counties bank statements as well.
These folks have no time for free. He is marketing himself, and that's why he seizes the moments.
@@Wakereu whether he is marketing himself or not, what he has presented is in public and no government official has dismissed him because trying to defend a transparent lie is impossible. You should be happy that he is risking his life like Jacob Juma to raise these issues, but you now want to blame him that it is marketing. Ridiculous!
@@phzorro... We should be able to directly see money moving in and out of Public accounts.
This should be the law.
Let the top cream of Kenya give us tips of their ways and means of looting Kenya.
7:26 explains why Ruto has not disputed or accused Uhuru as the sole person responsible for the mysterious debt. He was part of it as explained by the disagreement he had with the late Juma.
That is the money CS Rotich was availing to him for free donations in Churches until Uhuru changed the notes. As long as Ruto is in power, nobody will be sued over this.
I hope 20 years later, someone comes for their wealth the way it happened 40 years later to former Angola's President's family, José Eduardo dos Santos. Many people were assassinated in an attempt to cover up corruption during his tenure, but eventually his son was jailed in Angola, the daughter Isabel dos Santos is in exile avoiding arrest, her wealth freezed, former personal banker killed in his garage, and her husband died in a mysterious car acccident in Dubai.
Enjoying life at the expense of other poor Kenyans may look glamorous while it lasts. History has demonstrated that one day, political life built on illigalities crumble, and when it does, the oppressed get a better future, while the oppressors languish in sorrow. It will be a joy to witness that day in Kenya.
Well put
Kabisa..WSR Is the mastermind wa hii kitu yote in collaboration with Rotich and Co..
Do you think Uhuru will get caught up as well?
@@chebontoroitich7509by who?😮
@@masonsanders7689 by time
@Jimi consider having your own podcast. You have wealth of information.
I think you need to designate a whole 7pm bulletin to this Patriotic Kenyan businessman Maina Wanjigi. Very knowledgeable and a civic educator. Let him be the news hour man for the country, he needs to be awarded a presidential citizenry medal.
When you really listen to Jimmy you find out he has clarity of thought ...Good information on Kenya 's financing
Spice fm kindly we need part 2 of this interview
Malaysia had a vaguelly similar issue with their development fund called 1MDB, and a major US bank was found to have facilitated that corrupted deal and were fined heavily.
I'm not holding my breath that this will happen here.
It will happen I can feel it.
my fellow kenyans,why would we be paying such taxes in our jobs and businesses!!while paying for non existent and unconstitutional money borrowed and stolen by few individuals.Wake up Kenyans.leave behind blame game,leave behind tribal line nor political affiliations and focus.focus and refuse.even if you are the MT.Kenya,rift valley,nyanza,coastal,eastern,nairobi,western or north easternian.dont see Raila,ruto or uhuru here.see your nation and see yourself and the taxman on your door🤨
We as citizens reject good, professional people like Bwana Wanjigi for president and pick clowns who keep gambling with our beings. Very sad situation.
Which good people let him tell us about his wealth how he got it this is one of beneficiary of china loans he onily talk when he dont get Tender if he could have won SGR Tender could he have talked?useless man spreading propaganda with bitternes we all know who was the Controller of Budget when EURO BOND SCANDAL Came out who was also minister of finance rotich the problem with kenyans pretend they dont know what was happening in jubilee government when uhuru and ruto took power uhuru was apresident by name but the one who was controling things was ruto he demanded 50% of government his party he demanded all the docket that has money onily to put his tribe men to help him in looting uhuru was always in icc leaving ruto the country to govern he looted everything and with this money he made sure to used it to get to power he bought every one around uhuru no wunder moi even in his death bed he rejected ruto
This is what we Kenyans should be having a maandamano for.... please share his email
I wish the same , we need to have these documents to educate the locals about what our tribal demigods are doing in offices
This is what we need to fight for and die for too...
The reason why Uhuru was supporting maandamano, is because he knows Maandamano brings instability and confusion and therefore no one will be looking at what he did. But when there is calm it is easer for people to look at the mess he created. He is hiding behind Raila.
@@Easyork then why is Ruto against the same maandamano since Uhuruto kicked off the Eurobonds in 2013? Moreover, Ruto officially owns the debt mess after he signed the warrants to repay odious debts under the 23-24 finance act so using your logic he would be supporting maandamano as a distraction as well yeah?
@@stove7197 I agree Ruto is Implicated after signing of the warrants to repay the illegal loans. but you must understand when it comes to court charges, he is an accomplice. I don't get it, why is it that people are afraid or paid to avoid mentioning Uhuru is the mastermind of the whole scheme. There is no way CBK or a Ministry will open a government account outside the law without the presidents knowledge. I firmly stand with the title: "WANJIGI: Uhuru Is Personally Responsible For $2Billion Eurobond. Kenyans Shouldn't Pay" All in all we are waiting for the courts pronounce the debt is odious. Then we charge the to presidents for the illegal activities related to the same.
You guys should share these PDF documents for the public to read so that we can also see for ourselves.
Just read the central bank report. That's where he gets the information. The report is public
This information is available to the public. Go to the websites of the relevant government agencies, Treasury & cbk.
Mr. Wanjigi James should consider being a member of the podcast, He is just incredible as a person. He should be our next president because Kenya is becoming Africa's economic Hub and we need a business minded president next.
Absolutely!…Hon.Wanjigi stand up to Presidency in the near future,you have my vote. I listen to your contribution on the forum….frankly smart guy.
Didn't you guys vote for a chicken farmer because he is a business person.
Wanjigi you have a great point
This was why Jacob Juma was assassinated
After watching this i went directly to the Google and exclusively read about the French revolution
I have been listening to wanjigi, omtata and the so many people talking and our debt and how kenyans have been looted in broad daylight, thus i ask, why is the supreme court silent, why is the DCI silent, why is the opposition silent and what is next?
I love spice fm.
Cant stop listening to Jimi a brilliant person
If what jimmy wanjingi is saying is true then uhuru Kenyatta was a rogue president. The question is will he ever be held accountable?
Mtu Wetu syndrome won't allow, wanjigi included:
Remember wanjigi warning Ruto that he touched a live wire for asking the kenyattas' to pay their fair share in taxes?
Ruto was his deputy so also rogue especially given his added corruption and land stealing baggage. Wote ni rogue
I always listen to someone praising Uhuru and wonder what they are saying.....till 2032 we shall suffer his pain
Ruto doomsday if fast approaching
Can we take this to the international investigators?
I concur
Lol...which ones? Eurobonds are issued by the same Bretton Woods-tied institutions that run the World Bank etc. so they're tied tightly to Western interests. The only remedy is Kenya declaring the debts as odious and therefore not owed by taxpayers. I believe one African country did this and actually forced JP Morgan to return the money.
when you think he is done, then booom.. another one
Kenya is a crime scene
Mr. Wanjigi...can all this information be interplated in various languages for our Kenyans who don't understand English? All Kenyans need this kind of education. Thank you Mr. Wanjigi. You got my vote.
Thank you Wanjigi for educating us as the citizen of kenya. @ Spice Fm Kindly bring him more!!!!
Let's professionally communicate to the lenders telling them who initiated and benefitted from their loan, and therefore who is liable to pay them $2bn plus interest. Also inform them that we shall no longer be servicing the debt, as they should approach that borrower for it. Finally, file a court case on it and invite both lender and borrower to defend their situation there
It is time to bring a solution to the problem, through the Courts. Time to prepare and file that Petition.
kabisa!
You mean the same courts that declared zakayo president? Hapo jidanganye mwenyewe.
Man,this is painful to even listen. Politicians really seem to thinks we Kenyan are bargain chips. Sad.
Now we know why juma was killed.
I have a feeling that there is no way this big banks can open this kind accounts with out doing enough KYC.all the players have gotten their hands soiled.The people involved must pay back the money.Thanks alot Spice fm team.Jimmy wanjigi,Okiya omtatah,and John Allan namu.are the ones who should run this country.
I'm sure you have heard of the term; " Power corrupts absolutely"
Even for a person of integrity morality decreases as power increases.
The gentlemen you have mentioned would be well suited to keeping the "powers that be" in check and probably advisors rather than at the forefront.
They'll be the "silent" weapon of good governance.
@@ladysafari01Wanjigi is part of the rot, maybe Okiya Omtata would be a safe bet.
@@masonsanders7689... Okiya would be killed within a week! .... Look how they attacked his house to take files and data, and he didn't have any security measures .... He is operating very naively. He doesn't recognize the threat level that comes with his position
@@wayandoOkiya's house was never attacked. They attacked his Busia office. When he is the President, security level changes. What kind of argument is this you are making? 😂
@@wayando😂😂😂
I see many sympathizers of impunity in the comments section. Hope they somehow benefited from the looted billions!!!
Sad, indeed.
Well wanjigi should go to high court acuse the responsibles, or move motion into parlament this Is of public interest!!
Thank you Jimmy for the insight in umasking these classified data
Well explained by Wanjigi
Pardon my french, but we are SO F*CK*D...yoh!
Wanjigi should become the auditor general of the people!! At least he cares when we are being robbed and he won't just shut up like others!
Money was stolen simple.
This sounds like goldenberg scandal of 1990's, what Jimmy Wanjigi is highlighting in terms of money coming to kenya and very suspicious account being opened outside kenya.
Goldenberg was a mere 60b that is chicken feed compared to this
A family in Kenya 🇰🇪 as an count worth 2 Trillion ksh .
This kind of conversations should be all over this republic ..tik tok should be flooded with this kind of content....
Why would a lender deposit money into an account which is not a CBK exchequer account? That is careless lending. How do they prove that the country owes them money? Something is not adding up. Wanjigi evaded this question from Nduu.
*@theroadtoelectric4051* The lender wires the loan amount to the account of the borrower as provided by the borrower. That, is the full discharge of his duty and obligation in that matter.
The veracity of the account details are the problem of the receiver of the funds and the lender is under no obligations to police the accounts of the receiver.
The buyer of a bond is, essentially, giving the seller of the bond, a loan; but unlike other loans where the terms and conditions may sometimes be quite onerous, the proceeds of a bond sale are deployed by the seller without undue restrictions.
The lender is only interested in getting his money back, plus interest. And so long as he has the security (the bond and bond coupons for interest,) in exchange for the money, that's all that's needed. How the borrower uses the funds, is his sole business.
*Nobody is going to baby-sit a borrower, or teach him morals, so the question of irresponsible lending is not relevant, at all.*
Swift codes proves that money was wired to the account
@@bryanotieno7106 But most importantly, the SWIFT wire was to the specific account(s) provided by the Kenyan receivers of the funds.
This plan was simple. Get a loan in the name of GOK. Keep the cash and leave GOK to pay for it. Now they have the money while we're paying heavily with interest. It is Uhuru who should be paying for the debt. The cash never left New York but stayed in his Pandora account there.
Who was the C's for finance in 2014…?
No wonder Citibank merged with CBA to form NCBA and you know which family owns it.
CBA Merged with NIC
Now we know
You write uongo very confidently. Hats off 😆
Please note NIC and CBA merger to form NCBA. Both are locally founded banks.
Citibank on the other had is a bank founded in USA. It also has a branch in Nairobi, Upper Hill.
@panafricannation... We have Kenyans playing in the big leagues internationally ... Especially when they have unlimited funds from controlling the whole government like it was their backyard.
Excellent my Brother 💯🎉 radio 📻❤📻❤
Our Githeri media will never put as TV breaking news or Newspaper headlines
Well spoken i could listen to Jimmy all day you can't have a bad day with him
Great interview! Suggestion, if you could all table your questions and time them so as not to constantly interrupt Jimmie on his train of thought, that would be great. Some of the questions you guys are asking you either end up answering them on your own or you actually have answers to, you know, rhetorical questions....
No wonder when Ouko insisted that he had to travel to New York to investigate possible fraud of the Eurobond,Uhuru intimated him by acting surprised that such a thing as collusion to fleece public funds between the govt of Kenya and the Federal bank in New York can occur.He even proclaimed the word,Ngai!!At that time is when he was asking Kenyans what to do with fight against corruption that he has not done.I am done the acting of our leaders.
Kenya has being living an illusion since 1884. Only revolution ita save kenya. Hungry Kenyans wata kuwa thuggish and gangsterrish and revolutionize kenya yote.
We take previous government to court they will pay that debt uhuru is supposed to be in jail with his pple
This very serious someone must be held to account
By who? Are you forgetting that all this people mentioned need to do is to give a few coins to the investigation officer and there will be no results. With the current gavaa. Waste of time.
Jimmy understands money language. Very smart
What a thoughtful thoroughly researched and found evidence buana we don't have a country here, it is a crime scene and criminals are still at large
Something has to be done!
We really being taken for a ride.
I weep for my country.
You have no country,technically it belongs to Uhuru and you are just a tenant.
Yaani, he takes loans and we pay for him 🤔
We all always knew hawa watu walikua wanaiba pesa, Jimmy is now giving us the how 💯
This kind of discussion are supposed to be in parliament with cbk governor present
CT never talk too much but when he does, he spit wisdom
Wanjigi preach on!!
Dollars 😊
That's why i hear someone saying that uhuru did massive job and i would just say lord have mercy on our people coz they dont know who was the real uhuru behind the scene and even our current president and what scares him is coz he know after the Gen Z revolution come the year 2027 how will be the outcome coz all economic crimes will be combined together and brought to justice to this nation
This information will be useful in 2027,we should vote in someone who is not involved in both kk and jubilee government after that they will be dealt with without mercy
In 2012/13, the chorus in Central Kenya was Uhuru is too wealthy to steal from Kenyans. If there's a region that's killing Kenya from within, it's Central.
Wasn't it raila who supported uhuru in the second term and last election. Is raila from central?????
Mtoi wa nyoka ni jinyoka. He's never worked but had to steal his part after his dad and mom did the same
That’s why Kenya will never move! This is an individual Kikuyu smoking out another individual Kikuyu, who has duped ALL Kenyans, including poor fellow Kikuyus, and all that can come from your stinking mouth and soul is “Central”???!!!!! Where did you see me there? I only saw Raila handshaking his brother Uhuru, and all Raila minions started calling for Uhuru to be respected! So where is your illogical argument taking you Jaruo or whateva you are, now that it is okay by you to involve entire communities???
He should carry his own cross .
What a foolish comment
Jimmy Wanjiru understands the banking system
For Eurobonds debt financing one has to work with a bank for issuance of the debt bond structure, handling prospectus, subscriptions of the fixed debt securities in the bond market
A securities account would have to be opened on behalf of the customer at the euro bond icsd
JP Morgan was the facilitator and thereby opened a bistro account on behalf of the supranational ( government)
I worked for Euroclear bank in Eurobond issuance structures so fully concur with Jimmy there’s gross misconduct involved
Where does Wanjigi get all this information?
Protect this man
Jimmy is the TRUTH
😂 I want to cry coz of debt but at the same time, We should thank this man. JAMES BOND and his rolls Royce & obsession with number 777. And not to forget funding ODM with helicopters.
We should get his whole background story.
At one point he did have his name in the obituary section. That to me was a line Ngengi kamau Jr. should never have crossed.
Anybody sworn to secrecy would no longer be bound because of such gimmicks.
Uhuru said clearly that 2billions was stolen everyday but he never said who was stealing I don’t understand why Uhuru has not been charged for abuse of office and money laundering
We will stand with you brother in prayer,,may Good Lord protect you,,, when that time comes Jimmy you need to govern the affairs this country or rather advise His Excellency The President Ruto
you guys should also add this show as a podcast.
Uhuruto tano tena! Naye Ruto kumi tena! 🤣🤣🤣🤣🤣🤣🤣
🎉🎉🎉
Hakuna credible alternative Azimio
@@klaguardia2326they always exist. Dr. Aukot has been there but people went tribal. Bishop was available, people chose tribal. That is a petty excuse.
the funny part is ruto was in good terms with uhuru........ no wonder he cant complain about the debt cause he was involved too.......
Nice one Jimi, had questions must be asked.
We haven't borrowed
Class time..
Follow the money...
Amazing informative show. CT ....they even took the interest... ooohh okay 🤣
And thats why they’re all going mad for this money. So they can move it like that.
Just appalling
Goodness!!!🙆🙆
With these facts as evidence. Why is the former president walking free? Why aren't Kenyans angrier?
The small boys in treasury and their collaborators and enablers must know that they won't get away with this heists. We shall deal with them decisively
Mr Wanjigi, Please go to the bomas dialogue process and make a probe into our public debt part of the agenda
The only way to get the bottom of the said Euro Bond is Ruto to reject it's payment if not him and Uhuru are the same coin.
Omtata is on it
They obviously are because he was deputy president when the Eurobond started in 2013…he’s also already inherited it as soon as he signed the warrants to continue repaying the odious debts by raising taxes under the finance act.
Spice fm rocks
And all this was happening when ruto is dp and he did not say anything. Already in one year 1.6 billion loan taken . Is ruto doing the same??
Son of Maina: please, kindly help us with slide or whiteboard presentations of these financial transactions...easier to follow you, then
Why did the video cut off abruptly?
No wonder Uhuru goes to Raila Amollo Oginga and throws away his number 2, Ruto. Or was HE Ruto aware of this ?
Of course he was…Eurobonds started in 2013 during Uhuruto 🤷🏿♂️
WHERE CAN SUCH A CASE BE TRIALED? AND NOT IN KENYA!
If kenya refuse to pay then jp morgan chase has to salvage things & bring the two cosigners of the account into international financial court but only if kenya refuse to pay
Even though this Dept is hot air. Why paid it the dollar rate at the time of taken and not current rate of dollar exchange.
I guess the account open at JB Morgan or city may be the role of investment bank in sovereign bond issue. The core issue is to check for evidence of transfer of the gathered finance to the nations check account. It warrants a foreign bank to gather the resources out of the local currency. This does not oppose the presence of fraud but just to ensure we know it is possible have a foreign account within an investment bank to support the underwriting process.
This is correct.. Its the norm for govts to have accounts with international banks, particularly the 3 named, which are usually involved in providing issuer services to govt... Essentially assisting them to issue sovereign bonds in the bond market ..
We can’t just place the blame on uhuru investigation must be done Kenyans need to know the real culprits on this matter
How many heads of states do we have in Kenya.
Arraign Uhuru and he will spill the beans on the other Culprits.
Respect
So what muat we do Jimi Wanjigi with this information? What is the next step?
Kenya should default the loans because it's deemed illegal didn't follow the due process
@@bryanotieno7106 Kenya will not default, How can you default on loans you didn't take. The defaulters will be the loan takers not Kenya. Kenya will pay on all it's loans.
It's not like Kenyans don't read, but imagine how that's possible if I have to get a lawyer to write to treasury to get info which I am then supposed to analyze! However it's commendable for likes of wanjigi who use their resources to get that info, not to mention the risk on their lives..