Trade Cabinet Secretary Moses Kuria has threatened to withdraw government advertising from Nation Media Group after being implicated him in an edible oils scandal.
Taking to his Twitter account, angry Moses Kuria hurled unprintable words on the Aga Khan-owned media house.
He wrote:
“Kwa wale mala*ya wa Agha Khan pale Nation Centre. You can still advertise auctioneers and funeral announcements. We will not stop those.”
Nation reports show that firms affiliated with Dr Ruto’s allies were single-sourced to acquire oil for the Kenya National Trading Corporation (KNTC) in a series of ruses that might cost Kenyans at least Sh6 billion.
The report also reveals that Kenyans could lose additional Sh10 billion in illegal tax exemptions tied to oil imports.
The scheme’s basic structure is as follows: A need is established to import oil tax-free. The oil is then imported by private companies rather than a government agency.
These companies then sell the imported goods to the government agency. The agency then sells the oil to other commercial companies.
Eventually, imported oil will be worth more than locally manufactured oil. Massive amounts of money are wasted during these movements.
The report further reveals that the National Treasury and Kenya Revenue Authority (KRA) applied the wrong provisions of the law to approve the imports.
Full story here, courtesy of Nation.
