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Post by jakaswanga on Dec 10, 2015 20:09:36 GMT 3
On a footnote, or an aside: the eurobond rigmarole of an investigation!It it is tough, even scraping the bottom of the pot to come up with respect for national officials in the republic, one still draws blancs. The mediocrity is overwhelming. There is a short story, forgotten by who, hilariously titled: they kingdom of mediocrity came. A few days ago I was of the opinion the complexities of the Eurobond, misappropriated or not, requires a seasoned approach apart from the usual jua-kali hodge-podge of incompetence that reigns across the continent --always check the comparative statistics for a rough guide to the position of Africa relative Asia for instance. Well, it is not Tobiko who has stepped into the shoes of stupidity, nay, it is one Halakhe Waqo, and he is the Ethics and Anti-Corruption Commission Chief Executive Officer. Here is the man in action investigating the Eurobond. An intimidation tactic. In these matters I prefer the thug Kimemia. he brings a streak of genuince vindictiveness to book. Now two boys from the CID must arrest Raila tomorrow. The baba called Tinga, ten years detained by Baba Moi. It will be nice theater. And there is another hot 'samandh' coming toward Agwambo from Nkaissery, this time to explain his dalliance with an Al-Shabaab cook allegedly executed extra-judicially in Garissa! Then there is the Ruto Aden Duale charge that Agwambo is SABOTAGING the Kenyan economy. I really wish Raila had an opponent around town, then would I be spared the horror of witnessing this level of idiocy, and blood-starved fleas buzz-buzzing around every fart the old soldier lets. Here is from the link by Luoldeng: I would say enough serious leads for Harakhe, were he to be more than a joke.
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Post by jakaswanga on Dec 19, 2015 8:44:37 GMT 3
2. Njoroge's session at the inquisition continues,
(after declaring Rotich and Thugge lost in action, there is only Patrick left as of the three musketeers, or, if you like, left as the last of the Mohican Bretton Woods docs! --He thus must hold fort, like Horatio at the bridge.
THE KNIGHT KAMAU THUGGE RIDES! AGAINST DR. NDII: Jousting.Dr. David Ndii is in problems. Kamau Thugge explains. This is called jousting. Originated at the borders of Nubia and ancient Egypt, but that one was water jousting, with canoes. In India they do it with elephants. NDII ON THE EUROBOND ACCOUNT: Before we get to the thrust of Ndii's latest work, let us consider the REPUTATION of Kenyan accountants, and square it off against their ABSENCE in the Eurobond debate! Remember Dr. Ndii already said something 'Sherlock-Holmic' about DOGS WHICH DO NOT BARK during a crime! A good detective has to come up with explanations for such stuff, parie awada, yawa! The next thing to keep in mind is how tough it is to get ruthless mobsters to book, even for powerful governments. And some have opted this quip: some countries have the mafia, in Africa it is like the mafia have a country.www.fbi.gov/news/stories/2005/march/capone_032805 Where are these accounting people when you need them? Kamau Thugge had the infallible demeanour of a consiglieri to say Al Capone, the toughest Don in town, when he appeared before the parliamentary committee of nyang'aus. Such a cosigliere is not worried about lying and lies on behalf of his Boss. There is fear and there is real death out there, and the instincts of self survival for many men takes care of lots. Then there are the corrupt cops wherefore any gathered evidence will disappear somehow. Such a consiglieri is always confident, but then is unpleasantly surprised to find out somebody, like a book-keeping bookworm, blew the proverbial midnight oil, tabbing the accounts and detailing the figures. Numbers, that is a story apart when work is put to it. Figures, as those who have any elementary appreciation of mathematics have learnt, always come back at you when they do not add up. You revise, go back to the process, cook them some more and come back to the answer. But a diligent maths man notices the cooking, and back you go again. This process continues until the corrector tires, or the cooking stops and figures square out, or, as they say, add up. Ace Doctor Kamau Thugge and co have been caught revising. Several times. And still no do, therefore repeat. So what makes our bests so bad at maths? Here is a clue from bad boy Ndii: The doctor says that account is problematic. We call that hyperbole, and I love it. But when I was a matatu operator and my manambas returned a ' problematic sum' I never did hyperbole. I barked: 'keluru pesa te musekwalo, sani. Nono abiro goyo nyaka ther chiegi peksen!''Produce the money you have stolen right now! else I inspect your wives vital's in search!' But Kamau Thugge is not a manamba. His brief not jua-kali. He is not about to keep what he has stolen in his pocket nor in his wife's account -- that is for the graduates of the local Harvard called Kiganjo PA! And if the ivy-leagued PS has not stolen himself, but is running errands on behalf of another higher force, morbid fear will seal his mouth since the rewards of obeying the Boss outshine, and, of course, out live those of honest service to Wanjiku. He is therefore a harder nut to crack, but a welcome challenge. (darkly said also in the context of boko haram) Kamau Thugge and co are trained to throw a lot of smokescreens, like Al-Capone consiglieris did until time ran out, or perhaps until figures could no longer be cooked to add up to a benefit of doubt in court. And that was thanks to book-keeping worms at the IRS (Internal revenue section). IRS? in our case that would be Dr. Patrick Njoroge of CBK and an IFMIS system which is not pre-rigged, for instance to crash when certain keys are hit. (I am assuming, of course, Njoroge is not a thief like his predecessor Njuguna Ndung'u, wherefore the template is not the old one of using a thief to catch thief. Nay, I am using the old broom of plane hard work, diligence and sweat, FBI model. Look That is from the FBI website. But come to think of it: The Kenyan CID, that is our local FBI equivalent, is currently headed by the improbable ace Ndegwa Muhoro. He investigated the NYS after former queen Anne Waiguru herself reported suspicious transactions -that is the official account. Muhoro's CID peered at the books and, behold, they returned a ship-shape verdict. Saw no evil, unearthed no evil. Nor did they seek a second opinion from consultants. So what do you think now about my FBI template!? (illusions!?) No, I am saying Muhoro is a criminologist in the old sense, not a forensic accountant, fiscalist. He is therefore out of his depth on this one. Anne Waiguru with her training knew this when she reported the financial crime to this CID! She was smoke-screening. I asked a consultant: why would I report a murder to a traffic cop!? His Answer: when you do not want the murder solved of course. (assuming you know the different competences of the police force!)I found it tough to believe Anne Waiguru couldn't differentiate competences separating the homicide and traffic departments. So I betted against her. And Muhoro? Ach, fella is more like an Al-Capone loyalist cop. The local state types who disappear evidence, concealing it from the federal IRS, or just possibly never heard of the IRS! Now we know 900M + 700M was pilfered off the NYS. And we even have a name, Gethi, Ben Gethi Ben Bethi. Innocent until proven guilty of course. Now the Eurobond saga. And Kamau Thugge's shifting numbers. The treasury -for the moment let us exclude Dr. Patrick Opus Dei from the lot-- apparently did not expect some bookworm to peruse their sheets with a 'corrector's' eye. Caught, they went back to re-cook, paraphrase, revise their sums. But apparently not all accountant wanted to be part of the scam. Therefore discrepancies still surfaced. Let me do hyperbole speak: when CBK's figures do not tally up with the ministry's figures, we have a situation. An error situation. Error situations in accounting books, state accounting books run by folks who have gone to Yale and Harvard, are what we call doctorals. A 'doctoral error' in accounting is a DELIBERATE ERROR. For those who insist to a spade a spade. It is book cooking. Massive fraud. Kamau Thugge and David Rotich are thieves or covering up for thieves. And top cop Ndegwa Muhoro is not in the picture here, neither is the toy Boinnet. This is stuff for real cops and, as they say Germany, men at work: a mannschaft arbeit. (sorry girls, I don't have the time for political correctness now!) A team at toil and sweat. There is no substitute to hard work. To bring the perpetrators of the Eurobond fraud to book will require exactly that. Old fashioned toil. A fine comb through the books, again and again, midnight oil, daylight sun, LED globe, gigabyte after gigabyte of data, adding and subtracting figures and above all, writing correct numbers. We do not even need the most terrifying quality in man, honesty, ordinary mathematical reconcile will do. And you do not need ivy-league aces for that. But you need ivy-league whizkids to construct smokes and mirrors and accounting sheets whose centres are black holes where whole GDP's disappear, well, not exactly traceless. A Ndii parting shotLet us hope the historical joke is not on Kenya. When history pulls a joke on a country, it is like Omero's malicious hint. And up there high in golden Olympos, crooked in mind did the son of Cronos device woe, that it be the joy to his heart that men yet to be born shall hear, wonder and stand in awe, at the bloodshed that long-haired Achaians and horse-taming Trojans put up for his naughty pleasure! I am happy Dr. David Ndii is not a cultural practitioner whose words have to be ferreted for prophetic content, otherwise the poetic malice would be Homeric. And, specially for those who have not gone through the ILIOS song, it is the most violent book in history. It has used bewitching lingo to avoid censorship for 3 millennia. The sackers of treasuries www.nation.co.ke/oped/Opinion/-lies-about-Eurobond/-/440808/3002226/-/lrjlexz/-/index.html Treasury CS Henry Rotich (right), PS Kamau Thugge (left) during a press conference addressing queries on the Eurobond at Treasury on December 4, 2015. PHOTO | DIANA NGILA | NATION MEDIA GROUP [/quote] Ghenya!
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Post by jakaswanga on Dec 22, 2015 21:44:39 GMT 3
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Post by jakaswanga on Jan 2, 2016 16:00:05 GMT 3
DR. NJOROGE PATRICK AND THE SLOWLY TURNING TILLER Of THE BIG SHIP OF STATEBehind the scenes, there is a small change --in the banking world in Nairobi. We will credit our new man at the helm, the Opus Dei Yale doc. The change is subtle, small, barely discernible in the big picture of things run by the predatory IMF, but as time flies, it could very well be the small degree turn of the wheel of a Big Ship which, unreversed, is an effective detour further on, making the Titanic miss that looming iceberg. Of course we understand Impunity $ Corruption Incorp will not be conquered by good intentions only, even from high heaven. The CEO's manning this monstrous concern aka Graft Unlimited, will fight their worth --it is their life after all, and given they control important social heights, command and control nodes in the state and government, the odds are with them in the short run. So if you are a betting man, my advise is go with them. However, besides the ripe historical circumstances in terms of the confluence between external and local factors, the man they are facing, and unto whom Desperate Wanjiku need must invest faith as the last of the Mohicans is, as I will attempt to theorise in the abstract, made of the stuff which opens the chapter to a duel of dramatic, historical and tragic proportions. Epoch changing. And i already intimated he has the fair winds. If he is minded to (seize the moment), and is full of balls and fight, and is well supported as Jukwaa LuolDeng asks us to, then his eventual fall in the arena (where heroes claim their fame in blood) doing Wanjiku's favours would be the stuff of legend, like Spartacus. NB: And,G0damn! I wont say that lightly again. Next time I will purify my thoughts into vindictive fervour, to reflect the looks, and the depths of the opaque but molten rage harboured by young Africans who have traversed the Sahara and reached the Mediterranean coast, at a price; yeah, some served time in sexual bondage, subjected to ritual anal rape in concubinage by Arab tribes of the desert, and so paid transport, with their dignity. --Who do they blame, these living skeletons from our lands? They blame African leaders who have made such a mess of a continent rich in every resource, human and natural. That is the bigger picture out there. Africa is a monster.Therefore, keeping it close to home, the New Kid on the CBK block Dr. Patrick Njoroge, is the man moving to make his mark, with this proverbial small tilt at the tiller. I have opted above he has some important historical thrusts under his wings. We visit a few by way of introduction. 1. The August, recent President Obama official visit to Nairobi, and the PORK's mumblings about corruption in Kenya, underscored the importance of Kenya to American security thinking in the region, but the subtext is the USA wants value for the money, any money she is going to throw around here. The rationale is, the American taxpayer is hard-up, the American state is deep in debt, sovereign default an ever looming prospect; the dollar is under attack as a reserve currency by a Eurasian plot, and internally the race relations in the USA are dangerously destabilised. All these factors imperate those in charge of US finances to keep the books ever more closer to their chest. And with serious-injury veterans of foreign wars all but destitute, abandoned to their fates in small and big town USA, there is no hiding the cash-crunch in the army of God, nor in the exceptional land. The auditors will come to the colonies. A good finance man in a colony will be an irresistible gem. 2. Even the most deaf of power-blinded men in Nairobi, would have heard and noticed the national attitude toward the corrupted High and Mighty is changed on the street. Originally, while permissive to those in authority, giving them a carte blanche to rob and loot the land to their hearts content, the public has only pounced on petty thieves on the streets, where lynch mobs have enacted the most horrifying of scenarios on pick pockets. But there are signs this innate hostility is evolving upwards, being universalised to target the High$$Mighty hitherto exempted too. SIGNS?? which signs??? The first step to break this taboo of subservience to a thieving elite, has been the breaking of ranks by the intellectual bureaucracy charged with ideologically underwriting the system. That is, it is noticeable the literati of the land, the moral custodians of the corrupt order, the religious and secular intellectual apparatus, have achieved a consensus there is need for moral reform at the top. This is the kind of pressure, ground swell, which FORCED young President Muigai to STEP-ASIDE half of his cabinet, in effect risking a burst with the man holding him by the balls, his maker Sir William Singh. He sure did not do it out of the goodness of his heart. His hand, was forced. And will continue to be forced. And remember the bogeyman and sleek political operator Agwambo Tinga is still alive and desperate for a last push. Underestimate him at your own peril, but surely do trust him to read the public mood and bring the fight to the rulers --of which he is a key part. In any case President Kenyatta has to do more than lip service, or he will a meal to the forces of history, like a pick pocket to an angry mob on an african street. The hottest commentators from Jubilee loyalists to Corded groupies are calling for not just STEPPING ASIDES, no, they are united in bleating for the arrest, prosecution and jailing of the immoral VIP's, and, going further, the CONFISCATION of looted properties, then political and bureaucratic excommunication forever. Macharia Gaitho did not even bother to mince words. Jaindi Kisero meandered a bit. Gekara or Gekoro, the man of law, couldn't be bothered to sugar coat the bitter pill. There is no brainy commentator left in public punditry supporting corruption any more. Conservative or progressive, left or right, they all demand a moral reform now. The dice is cast. And recently, economist Dr. David Ndii decided to up his ante. The result are a witless Thugge , Rotich, Adhiambo and even AG Ouko, confined to the cells of national contempt and public ridicule. Jokers better thrown over board. There is a new game in town. Or as Winston Churchill would say, a new wind blowing! Also, it all means there is something the popular pundits are seeing in their daily lives which is scaring them, spurring them to change tune, to adopt a radicality, a trenchant oppositional mentality to authority, in effect a militancy otherwise not their cup of tea. I know what it is of course: it is the anger amongst the youth. Tell tale is, even the Univesity ones are given to bouts of, should we say, for lack of a better term, mindless violence during their now habitual and institutionalised protests. Imagine if this MINDLESSNESS were to be tapped by an outsider whose mind is the rank of Paul Kagame. Ferocious and ruthless, and singularly determined beyond any joke, it is a wipe out! Such wipe-out men do exist in reality, but the urbane and suave Kenyan literati know there is none like that at the top of Kenya today. As defence and buffer against the emergence of a monster like Paul Kagame, a moral reform at the top is a mandatory.That is why conservative or progressive, cord or jubilee, the thinking classes are jumping scared. Fascism of a stronger breed is becoming a historical option to arrest the now institutionalised and systematic crisis ----and becoming an option especially for the massive youth population wallowing in economic stagnation without a future. Liberal democracy is a fiction they see through, recognising it is fascism light in Kenya, held together by primitive tribal sentiments and bigotry going nowhere. Jubilee is Gikuyu-Kalenjin bigotry; Cord is Luo-Kamba 1/2Luhya sentiments, with the remainder ethnicities being furiously courted to join one or other gang of plunder. Which fool does not see it!? 3. Patrick Njoroge is a man of select intellect. But importantly, he has been ironed and weaned at the intellectual bootcamp for the world capitalist elite, the Harvard-Yale nexus: this is the nest for the financial, bureaucratic and ideological apparatchiks running the world, well, formally the Anglo-Saxon Christian empire (once ran by the Oxbridge stable and staple). This means Dr. Patrick knows when and what threatens the -so to speak-- order his life is dedicated to serve! No Kidding amigos: He has the intellect to recognise when the IMF he has served so well in apprentice, is gone off the rails and must be retooled ---that is why, hey hey, Praise the Lord, I am hitting him with Dr. Michael Hudson's piece on the IMF revised statutes to combat Eurasia, ie China and Russia, and India covertly. The local side to this coin is an emerging dilemma once captured by Mwai Kibaki's Look East quip! So Pray and take a look, O my heart, here is a Harvard alumni, Bretton Woods and a fellow IMF-trainee kneeling before an Asian, for a crumb!? I said kneeling!? I have a poor sight then. So let me put on my high resolution glasses. This is what I see The Asian has trapped a Harvard-trained dog, lured him from its original master and retooled the instincts of its mind to suit himself? Turned him!? (If China is merely renting services, that makes him a prostitute. So take your mental fit!) A moment of comical relief to diffuse: NB1: People like Gado are the visual interpreters of African drum beats. Prophets of reality porn. NB2: In Kenyan reality porn I should actually apologise for calling a mere dog a doctor in economics! But on second thoughts I will apologise for a very different reason: sorry, the finance man is not a Luo, and I promised to be only high-resolution with fellow Luos. For the purposes of a Kenyan blog, I will continue calling him Dr., and refer to his Harvard Phd as awesome and top notch. But if he were a Luo I would maintain the high-resolution terminology of the African reality porn school and, considering Austrian school alternatives, say: - -digrii Harvard ma gin toilet-paper Africa yweyogo sianda modhiek, dhina kucha omera!. (translation: who is really sabotaging the Kenyan economy, Harvard or Al-Shabaab!? answer me now, Omera!) 3. As a temporary investigation of the fair winds under the wings of the new kid at the Central bank, I will say this: Dr. Patrick Njoroge is a GENUINE moral dissenter. This will need a specific, in-depth cultural take. I reserve it for later. We will first need to understand the catholic cult of Opus Dei. That is not a light intellectual exercise. It is possibly out of my mental scope as a Kenyan blogger, but of course fair game for my fishy Luo brains running amok on Jukwaa. We will see. PRE-CONCLUSION:African Development Bank President, Akinwumi Adesina, has appointed Dr. Sipho Moyo as Director of the Cabinet and Chief of Staff in the Office of the President. www.afdb.org/en/news-and-events/article/president-akinwumi-adesina-appoints-dr-sipho-moyo-as-director-of-the-cabinet-and-chief-of-staff-in-the-office-of-the-president-african-development-bank-14712/ Elsewhere on the link from AFRiCA ONE, the research, campaign action and pressure group which used to be headed by Dr. Sipho Moyo, now delegated to the African development bank, we saw how data had revealed the several trillions Africa looses per year by a criminal network of highly-placed and well-connected technocrats running graft enterprises embedded within the state. These include tax evasion, tender inflation, hot-air (military and civilian engineering project) supplies, kickback constructed throw-away sales of national treasures and resources, and various swindles perpetrated by shell companies sanctioned by the most powerful of the land.In Kenya we can easily think of Goldenberg and Anglo-leasing as the biggest. But recently, apart from the KQ and the falling banks, a smaller but no less nefarious revelation has, if analysed further, revealed like a test-tube controlled case, the micro-economic organisation which sustains the loot of Kenya. Very good for an academic forensic study. The story starts with a curious incident: I$M bank in Nairobi refused to carry through a transaction forwarded by a leading Nairobi law firm, Ogola$Mujera company advocates. The biggest client of this law firm is none other than Ben Gethi, aka Ben Gethi Ben Gethi, a junior thirties Kenyan billionare. And then the trail leads all the way to NYS budgets and disburses. And, O God forbid, to the until recently most powerful woman in the land and, Miguna term coming, the alleged 'squeeze' of you know who! The case of the I$M bank and the Nairobi law firm involving a 27M Christmas shopping attempted transfer to Hong Kong, is how we start a new year look at Dr. CBK Patrick Njoroge and his possible mountains to climb. The Mutunga-(roo) courts I think have ruled ---jurisprudentially sustainable, the firm has a right to buy clothes with their money wherever they want. Milan or Hongkong! The ball is back in the court of the EACC and Tobiko who can not prove it is stolen, can they!? (Obama again: AG Githu Muigai rushed to have the EACC constitutionally in mandate, after, earlier on, operatives in the presidents office had slickly paralysed it by sacking commissioners and, in concert, operatives in parliament sabotaged its speedy reconstitution, so as to allow topnotch lawyers to argue in Mutunga's courts, that the body was technically at law, null and void! All suspects free! –--Ghenya! that is how bad boy Otishotish frames his sigh! Next. Facilitatory technicians like Ogola$Mujera: toward a new legal philosophy!? Happy exit Mutunga, or better the devil we know!?
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Post by jakaswanga on Jan 2, 2016 17:35:11 GMT 3
DISCLAIMER: Should Ogola$$Mujera ask in self-righteous blindness why pick on me, I will beg forgiveness and reassure, I only pick on them for the purposes of an academic explication of an phenomenon, and, further, pragmatic illustration of a prevalent situation. ---You know, like biologists use the fruit fly and the planaria worm a lot to do their teachings on genetics. They have nothing in particular against those two creatures, it is only that they are such good, simple and spectacularly available teaching aids ... (i was desperately trying to avoid the word cheap: 27M for x-mas clothes shopping anywhere don't come from cheap, methinks!) Then the hot stuff: you see the Ogola$Mujera case study is also a story with many juicy tabloid angles. There is a strand which leads to the former Queen Anne Waiguru. She famously fell over some NYS small change (700M + 500M ksh. approximately) and, while asking for lighter duties from her alleged paramour, in this case the appointing authority, she hired a famous but controversial lawyer who immediately moved to blame the office of the same darling for her woes! Mama Mia! No kidding. You want links, you get links. Then there is the Ben Gethi strand. Does it lead to a dynasty founded by the legendary brutal copper, or is that a fairy tale, and merely coincidence of names!? I am ready to grant the benefit of doubt, but then a name turns up, The Rosslyn Riviera Mall, and there are two Gethis, Peter and Ben, having plots at around the same place in development. Then do I hold that a loose end until further notice. Knowing how the senior Gethi got his pile, Ogola$Mujera could be the second generation consiglieres, if you give kenyan economics a mob twist. And then the Banker's strand as an aside to the I$M /Ogola$$Mujeera dispute gets even hotter No kidding: Only banks can handle/trade in stolen property and still look noble before the law! Ignorance being a defence! But one could need a stronger defence these days for one or other reason “Family Bank also wishes to reiterate that the funds were transferred into its customer accounts through Central Bank of Kenya via the highly secured and standard RTGS system,” the statement reads. The Central Bank of Kenya they said!? O God help me now! Who is the top guy at the Central Bank of Kenya!? –- Konyauru yawa, wiya owil!He heard no evil, saw no evil, or, high up in his ivory tower, routine transactions done by minions and rats down the cellars, are beneath his topnotch mind, pre-occupied with higher stuff as it is. And now that he knows what the rats have been up to, he will send a big rat-munching cat! He has a plague of rodents under his nose, verily I conclude. Then there are the courts at which Ogola$$Mujera argue their cases, fuming they are wronged to be barred from buying 27M worth of X-mas party clothes in HongKong. By their own admission, the fraternity of legal friends swim in a sewer daily. Not that Jukwaa was ever fooled by Canadian CV's more shiny than Harvard-Yale post docs. Those were the days with likes of Nereah wa Amadi, their minds hawk-eye. Just that Jukwaa can congratulate itself, we have always put the judiciary on the spot lights: jukwaa.proboards.com/thread/6891/comes-cj-on-integrity-chapter jukwaa.proboards.com/thread/7367/hon-mutunga-cj-funny-man jukwaa.proboards.com/thread/8649/mutunga-registrar-scandal-smokescreen-ispayback jukwaa.proboards.com/thread/8749/stop-thieves-mutunga-huyo-waizi jukwaa.proboards.com/thread/9241/security-laws-amendment-bill-document jukwaa.proboards.com/thread/7115?page=1 So I repeat my apology to Ogola$$Mujera. This is nothing personal. It is only that, like a planaria worm split any which way, every strand to their story develops a life of its own. They are a ready-made aid, an illustrative device too genial to be missed by a good old fashioned veteran of KUPPET and KNUT! Consider this too: driving a certain notorious range rover, Ogola noticed he was being trailed. Scared for his life, he reported to the police. The police discovered this car was in demand 'confiscate' by the EACC!But who are the guys who scared the living daylights out of Ogola in his range drive!? No Kidding I said i rest my case. This is a story. A kenyan story that tells itself. I will merely join them together so that we have a narrative. And so we shall. Happy new year folks!
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Post by jakaswanga on Jan 3, 2016 11:47:29 GMT 3
THE DANCE OF CASHIERS AT THE TOP1. the merry cash-go-round and the detectives running around in circles Allegedly, and since Tobiko and the rest of the (MULTI-AGENCY MULTI-TASK) investigative team employed and deployed by Ouru&Wanjiku have other priorities, we have this Actually Joseph Njomo of the I$M bank had reported the suspicious transactions long ago to the CBK. This is the CBK which, we have on record, originally through its secure and customised standard systems had cleared the NYS transfers to these banks reporting back their suspicions to it! So, Sir Dr. Njoroge, am I being played!? there is something fishy about that choreography. Some people forgot their steps and could now be stepping on the feet of their partners as the music hots! No, just kidding. Even this lady below --do you know her, a regular visitor to Nairobi, has had some digressions in her homeland and is not STEPPING ASIDE! negligence can be handled by clemency, me says. Let us ponder if that model will suffice here below! After a very carefully thought-out and crafted disclaimer in the earlier post, I think I can now be careless. Slightly. I hold this in mind. The Malabu template. it is from the Sipho Moyo organisation I talked of above, and talked more about in the Boko Haram investigative thread. I rehash to refresh my memory, which kind of disappeared when the MD of family bank drove the ball hard back to the court of the Central Bank, when confronted with the charge of laundering the NYS contraband cash. Now, we know of the big story, and get the big, cumulative picture. $1 trillion dollars lost per year. That is too mind boggling. Brains might jam in rage and hearts become ruminating volcanos, looking at the squalor and impoverishment rates across a continent bloodletting $1Trl/annum. So lets look away and do simpler stuff, like the comical ksh. 27M for clothes, to be wired to HongKong by a Nairobi law firm. We have gathered this is the firm headed by Ogola, Patrick Onyango and Maureen Mujera. Maureen is a real-estate expert and sources say, 'knows her stuff'. Therefore do we not need to dumb it down much. People who do Malibu deals too know their stuff. Granted. Patrick too is profiled as a 'big gun', and that comes across as a heavy shooter. So this is a professionally hot pair. Ben Gethi's choice of technical expertise is excellent. Granted. Wanjiku with her jua-kali preferences is forewarned! how did u want to qualify THE MULTI AGENCY TEAM drafted of Keriako Tobiko, Willy Mutunga, Halaqe Waqo, Ndegwa Muhoro, Edward Ouko, Agnes odhiambo, David Rotich, Kamau Thugge, and the rest of the lot charged to guard Wanjiku's puzzy, sorry, purse!? (thieving collaborators!?) No, jua-kali sounds fairer. --Jua Kali is talent neglected. Existent but leashed, curtailed. (We only need to understand the curtailment, what prevents the development into a CRACK TEAM. Deconstruct what keeps them attack dogs on a short leash!) Now, regular police got in the act; they reputedly flagged Ogola down while he was driving a range-rover the type only the Richard Bransons of England would patronise. No, that does not mean he stole it though, however, like lawyer Ojienda and Mumias under Kidero; Ahmednassir Abdulahi and Posta under (who was it really) Brigadier Ali, Gladys Shollei Willy Mutunga and the rest of the legal friends, it is a plausible eventuality one has stumbled into a front. Plausible eventuality!? (the Kenya police did not use such a complicated term when they flagged the Big Gun lawyer down. Kiganjo graduates are more down to earth.) How about a front!? A front? Yeah, would Kenya really be able to loose 30% of her GDP to corruption (POTUS Barrack Obama had a different figure when he graced Nairobi and spoke on the costs of corruption on job opportunities) without really street-smart lawyers signed up to corruption incorporated, would she!? Methinks not. Neither do Kiganjo graduates, our reputed 'Harvard'. For every corrupt politician, three top law firms behind him. For every corrupt top bureaucrat like former transport CS Engineer Kamau of that great new hotel, 2 top law firms behind him; and then of course the infrastructure of accountants and bankers in supportive role. Who know their stuff. Watch Tobiko wrestling with his summons, and the lawyers punching him back! until Kenyans begin to think he, Tobiko, is in the racket too. Synovate data if you read. Continued. 1B.
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Post by jakaswanga on Jan 3, 2016 17:41:56 GMT 3
Continued. 1B.So, just a thought: All these elite professionals are at the beck and call of the big thieves. They are a battery, a supporting staff to graft. Now, you name him or her in our Kenya, a star in his or her field, Lo! the priorities of Wanjiku is not how they earn keep, nay, to the contrary they earn keep confining her to misery, they earn keep aiding and abetting the criminal practices of those betraying their oaths of office daily, they service those parasiting away the cream of the land, they are grease.So forgive me if I want to count in tens. How many are on the side of ending the very graft which underwrites their expensive life style!? Have they all mutinied against the oath to serve the course of honour!? ---I said I wont ask it again with humour for am running scarce on that by and by. This now is like Marcus Antony dealing with a mutiny. The whole offending battalion is lined at the edge of a deep gorge at whose bottom swords are planted facing up. Every 10th man, decimal, is prodded with a sword over the edge to take a tumble, at first, voluntarily. So keep me in humour and do not let me repeat the question of honour. Just tell me there is no mutiny up there, and I will be fine like a baby at mummy's ripe teat, suckling away dosing. Just tell me there are no mutants up there with neither defect nor no moral compass, and I will be tame rather than game. ---Aah, the things men do when they are game! How terrible the history of man, and woman? That was an intro, now we continue our local tale. 1b. THE DANCE OF HYENAS AT THE TOPFirst, an abstract. From: Daddy's Girl: How An African 'Princess' Banked $3 Billion In A Country Living On $2 A Day ---Forbes Beauty is in the eyes of the beholder, other things too. I looked at a model dry-running how General Sani Abatcha stole his over $5 bn from the Nigerian state in some two few years. --He needed a whole battery of cooperating technicians to facilitate the heist. And leaving the Lagos and Abuja end alone, it wouldn't surprise one how many of these ace technicians were Caucasians in London, the City, and Switzerland, the final bankers. It is one long chain of capable but rotten men. It would be an international conspiracy, were it not so open and obvious. So open as to be called business! as usual. Dariga Nazarbayev has been appointed by her father to be deputy prime minister of Kazakhstan The Guardian newspaper from London recently had an in-depth into the Mubarak (Egypt) and Ben Ali (Tunisia) laundering schemes. These first families looted an excess of $100 bn each, from their respective countries. The guardian report included other enlightening tit-bits, like that hot daughter of Dos Santos, nearly twin to Dariga NazarbayevaHard work is a terrible curse! It is just no way to get rich! It is stuff for slaves I say! Yet the world is full of us, hard workers! No wonder there is so much trouble around Africa, a free for all where even Shekau-like types insist on being heard: kill kill kill kill! --Madness! Back to our local tale in the city in the sun but mired in graft. So if ---for academic purposes of simplification we consider--- Ben Gethi Ben Gethi a minor prototype of Sani Abatcha, I will wager the high streets of Nairobi is where Geethi's army of professionally proficient, laundering technicians are to be found. It is all within the city in the sun, and Lord behold, we have a name, no, names. Like this Bingo. Smoking Big gun! ---Bankers! Women! Where is that Anne Waiguru! These are the light duties she was crying for when she resigned. Instead she hired the Grand Mullah! And is now wailing she was fixed from the President's office. How about by the bankers, the ignominious fraternity from which the noble CBK Dr. Patrick was recruited!? --Meanwhile on the tabloid end she, the former Queen, is a mere meal for lawyers, and, in Nairobi, a kind of lawyer are tenacious parasites. (A Russian playwright I can't remember now has a wonderful characterisation in his a doctor is better than a lawyer pitch. later! something for Waiguru to read since she is now between a lawyer and a doctor!)Here is the 8-4-4-ridden Standard newspaper performing a strip-tease, as if lifting a veil to reveal a titillating thigh, or enchanting eye if you like and what a seductive thigh, what a compelling eye (but, repeat: remember the same Central Bank to which Joseph Njomo reported Ogola's suspicious transaction, had, via its highly secured and standard RTGS system, seen no evil and heard no evil, and suspected no evil.) Read more: jukwaa.proboards.com/thread/9368/njoroge-politics-central-bank-imf#ixzz3w6Gj1qGH [/quote] aaah, reason for the transfer! Had Ogola$$Mujera not been so cucky and careless and, instead, written BUSINESS, no eyebrow would have been raised, right!? We import a lot from China and can surely pay via Hong Kong banks! All money launderers beware of the reasons you give for transferring vast amounts abroad. -Aint I curious which reason Uhuru Kenyatta gave to Western Union when he transferred 2bn to Switzerland, telling kenyans it was AngloLeasing settlement! Dr. Patrick Njoroge are you still there? ;--whether your boss is Christin Lagarde or Uhuru Kenyatta, the odour of fishy transactions seem to follow them everywhere. You should mind who you pick for boss next time. Unless of course you are well supplied already in your private prelature, and these formal ones are just dummies. So, did you read the memo specifications, or you wrote it yourself, doc? since I have been thumbing through the history of state transactions in modern times, and well, it aint standard for their excellencies the presidents to take matters in their own pockets and wire cash abroad on behalf of the treasury to settle state debts. But this is the Zamunda protocol, right!? Anyway we are not arguing about theft. We are just unravelling the infrastructure of pillage in Africa, how top economists, top lawyers, top judges, top bankers, top accountants, top politicians, top cops, top bureaucrats, top financial journalists, top investors, all operating within an insidious and perfidious network, unite to loot Africa and destroy the futures of her young. Once this viral complex is unravelled and proved beyond reasonable doubt, and the guilty are all there naked for all to see, we can leave the rest to natural cold bloods like Paul Kagame who, in the famous phrase of the poet Wole Soyinka, will flinch naught to deliver the iron to the hilt. For whatever good that will do. Anyway, watching the kind of strip tease the daily press treats us to, all senses ask for a further investigation. There is lots of candy in that veiled jar, branded NYS. hmmm We read That is the law for you. The handler in stolen properties, possibly an accessory to a massive economic crime, actually an economic saboteur and cheap parasite, a parasitic money launderer and tax-evader, turns around and sues you for bothering him with questions! And the law is with him!No kidding. This stuff is for real! (that is the new constitution, the world wonder we promulgated with such heaven-gracing fanfare!) This world wonder now turns and grins: 'yeah, Wanjiku, shut up don't ask him, you do you are spoiling his reputation, and libel damages will be accrued to your cost! Now get out of my court, thy wretched woman!' And folded tail Tobiko scampers away! no!? O our choice gladiator with rubbery sword! O lonely hearts! O easy picks! I mean to recall --(Professor Ojienda blocked further mention of the KPMG accounting into Mumias Sugar monies, and got apologies the EACC dared look into his 500M accounts!)--- the concept precedent. Yawa! Who is fooling who with these jungle laws!? Come! O killer cops! Re-assemble! O QueQwe! Our lawyers are doing worse damage than Al-Shabaab! far worse worse than Harvard! Wanjiku needs real hard men to quench her thirsts for merry! Toy gladiators beware! I remember how lonely Dr. Ndii has been prodding the Eurobond books. Suddenly it was like Kenya has a terrible shortage of men who understand state economics. And the award-winning accountant recently back from South Africa, he too holds his powder dry. Why O why!? this epidemic of silence in an otherwise very vocal nation!? This kind of silence, this kind of absence, Chinua Achebe once taught us, must be filled with thinking why! So, I am sorry folks, on the grave stone of Achebe I must ask us: Why are Kenyan economists silent on the Eurobond transactions!? Rocket science? But meanwhile from Comedyland Kenya there is more. Shortly at 1c. who is screwing who!
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Post by jakaswanga on Jan 7, 2016 20:50:06 GMT 3
DISCLAIMER: Should Ogola$$Mujera ask in self-righteous blindness why pick on me, I will beg forgiveness and reassure, I only pick on them for the purposes of an academic explication of an phenomenon, and, further, pragmatic illustration of a prevalent situation. ---You know, like biologists use the fruit fly and the planaria worm a lot to do their teachings on genetics. They have nothing in particular against those two creatures, it is only that they are such good, simple and spectacularly available teaching aids ... (i was desperately trying to avoid the word cheap: 27M for x-mas clothes shopping anywhere don't come from cheap, methinks!) Then the hot stuff: you see the Ogola$Mujera case study is also a story with many juicy tabloid angles. There is a strand which leads to the former Queen Anne Waiguru. She famously fell over some NYS small change (700M + 500M ksh. approximately) and, while asking for lighter duties from her alleged paramour, in this case the appointing authority, she hired a famous but controversial lawyer who immediately moved to blame the office of the same darling for her woes! Mama Mia! No kidding. You want links, you get links. Then there is the Ben Gethi strand. Does it lead to a dynasty founded by the legendary brutal copper, or is that a fairy tale, and merely coincidence of names!? I am ready to grant the benefit of doubt, but then a name turns up, The Rosslyn Riviera Mall, and there are two Gethis, Peter and Ben, having plots at around the same place in development. Then do I hold that a loose end until further notice. Knowing how the senior Gethi got his pile, Ogola$Mujera could be the second generation consiglieres, if you give kenyan economics a mob twist. And then the Banker's strand as an aside to the I$M /Ogola$$Mujeera dispute gets even hotter No kidding: Only banks can handle/trade in stolen property and still look noble before the law! Ignorance being a defence! But one could need a stronger defence these days for one or other reason “Family Bank also wishes to reiterate that the funds were transferred into its customer accounts through Central Bank of Kenya via the highly secured and standard RTGS system,” the statement reads. The Central Bank of Kenya they said!? I had taken the trouble to write the above disclaimer, because my instincts told me a lock to a cupboard full of skeletons had been breached. You just had to have the nerves to stand still as in keeping a vigil, and out the worms would come tumbling as the skeletons clanged in a heap at your feet. Watch the following wormy report. I don't know whether these two Ogolas are, like the Gethis, no relationship whatsoever between them, but whatever the case, we could exchange pennies about the reasons why the Judge has done a recuss on this case. Aint that a hot strand. And then there is this. And this one will need a long pause. -The name is Mugwanja, Joseph Mugwanja. Here is how he enters our picture for those who never heard of him he is the Head of the what? The Fraud investigative Unit of the Central Bank of Kenya or so. He is -supposedly--- the top financial sleuth of the republic. Remember Keriako Tobiko has been giving junior staff 10 days to conclude investigations and file reports! The possibility is raised the top banking sleuth has no idea what the much ado is all about! And he is not joking. That a communication channel between Tobiko and Mugwanja would do wonders, is a thought better not thought by Kenyans! However, this is the other ball rolling, also an NYS strand. True or false!? when investigators have no idea, where do you go! 4 million under a pillow. Okay, that is small change compared to the missing 800M for which the Central Bank acted as the clearing house to the laundering banks, and all through its secure systems. But when you are a bit of a head of a fraud unit, and 5M cash if found bound in knickers under a pillow from the suspects, you might wanna think to be on top of the case, because that is what is called a smoking gun! -it need not be NYS cash of course; it could simply be a legitimate loan from those local Harvard graduates who ever crush the Mpesa network with their too many zeros after significant figures. A loan to offset a temporary cash-flow problem. 1. But it looks like this Mugwanja fella wouldn't know a smoking gun if you fired it next to his ear! He is that blind. And he is Wanjiku's seconded lieutenant to banking frauds, banking frauds where 20% of the GDP is laundered! (NSE (Nairobi Stock Exchange) included). My considered opinion is Patrick Njoroge has a problem. One called Mugwanja. But wait until you hear what happened to General Buhari recently, when two investigators into the National Petroleum accounts 'resigned in honour'! But this NYS saga whichever strand you follow is a bone full of juicy meat. And dogs galore on the pack!
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Post by jakaswanga on Jan 8, 2016 20:11:42 GMT 3
1: AND WHO IS FAROUK KIBET?
In this NYS saga, my instincts told me a lock to a cupboard full of skeletons had been breached. You just had to have the nerves to stand still as in keeping a vigil, and out the worms would come tumbling as the skeletons clanged in a heap at your feet.
Watch the following wormy report. Another fat slime wriggling out of the wet skeletons from the same NYS can. Farouk Kibet is small change, 1.5M too, but it is what he points at, like the legendary NILE METER of all Egypt, which raises the stakes.
The Hustler is a Sun around which plenty of hustler-moons orbit. Remember Marianne Kitanny? The VP is born-again, but he may need to be born again, again, to have a semblance of Christian reference.
The Singh could implode in his own nest of rot and not by his fault!
Here is the E-strand of the NYS complex. From Waiguru to Ben Gethi to Ruto's office! And all the other Judges and lawyers! This is a trip-wire leading to God knows where!
Yet watch the case take a twist, threatening to unravel as the judiciary and the advocacy close ranks with the authors of the constitution --you never hear them anymore now that you need them to substantiate, do you! a storm in a tea-cup over exchange rates as we saw!
From here we should find other footnotes to underline how labyrinthine the Kenyan Judiciary is and can be, how much of a Minotaurus it is, at whose lair poor Wanjiku is mortgaged for some real ding-dong impunity if ever!
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Post by jakaswanga on Jan 10, 2016 19:22:11 GMT 3
THE TOM OJIENDA TEMPLATE, MUMIAS SUGAR REVISITED.Before we continue following the smoke from smoking guns, let us pause to wear some gas masks to neutralise the whiff whose obnoxious pungency seems to permeate every hook and nook of the otherwise genteel professions. For sooth I say these emissions betray the institutional rot of the fraternity of the learned friends, a rot to which they have confessed themselves! Here is another explicative footnote reminder of just how labyrithine the Kenyan judiciary is; and, because I am heading to Patrick Njoroge at the Central Bank of Kenya as the harbinger of new times there, we will ponder why centauric anecdotes on Jason the Greek may be appropriate. Otherwise Dr. Patrick too, like many before him, will have his Opus-tightened arze split wide by the Minotaurus below the palace of Justice in Kenya. Yeah, me says the Judiciary is a player, and Dr. Mutunga has been running a scam, and throwing Gladys Shollei to the pack wont satiate my erinye-like bay for more fleshy and juicy bones! www.businessdailyafrica.com/ultimatum-on-proof-linking-Ojienda/-/539546/2678744/-/14j710d/-/index.html Lacking any locus to even purport to ivestigate the loot unto bankruptcy of a sugarmill which catered for the lives of hundreds of thousands of cane outgrowers and, in effect, milions if dependants be counted in the sugar industry. Note the pedigree of the man making that argument. (he!? Aguenge Kodhek, yaye CMG, iwinjo okil kamaloka wadu kaka loko!)This artful-dodger legal footwork is important, when we put the recent Ogolla$Mujeera court action in perspective. No, it is not a precedent, it is a protocol. A standard fixture in the loot of Kenya, and why we use the word IMPUNITY. NB1: I am just drawing illustrations to establish a point beyond reasonable doubt. Thus, only action remains, and if future presidential contenders Peter Kenneth versus William Ruto start a forked-tongue campaign of deceit, promising more of the same, we (with the first word they say) will know we continue to be sunk at the bottom, or lift up! NB2: I am fascinated with the silence of Peter Kenneth. The man wants to president, but he does not want to fight. So his mentality is that of a compromise candidate. The only way he can beat William the warrior, is by, apart from praying Bensouda does it for him, beating the drum of Gikuyu paranoia, feeding them the poisonous line: trust him to power, that man will burn you the way he burnt Kiambaa in Eldoret! But the Judiciary first and its comedy in motions. There are better Ruto's in the world as we can see. But then too, corruption fighting back Kidero got his ban on Khalwale, though Waiguru did not get hers on Raila! on the NYS stuff. Meawhile Mumias!? I can't remember exactly what happened to her after all those Luhya dignitaries including my sometimes hero Ababu trooped to Ikulu and were ushered and hosted handsomely by Mwalimumkuu formerly of Jukwaa; but I know we use Uganda sugar in Kisumu these days anyway. Factory closed. Case dead. Money lost. Justice done. Careers made. So it looks like a local case of the rampaging Global Minotaurus (as Yanis Varoufakis of Greece put it in his home country, raped and ripped apart by big EU 'locust' capital). Would it were a surprise, that with the case as clear as the explanation to Mobutu's sources to be the 5th richest man in the world in 1978, Ogola$Mujera are the offended parties here. Lo, they are the ones sueing everbody's asz. They are the pillars of morality here, they have a reputation to keep, and the law must see to it. And is! Let us enjoy these comedies starring learned friends for the moment they last. This kind of theatrical chicanery will be corrected by reality one way or another. Ours is to facilitate a gentle landing. For these kind of blind elite stupidities are the reasons states collapse all around Africa and matchete wielding youths maraud the capitals of once great cities and commercial centres. Africa lived it in mighty Abidjan, once the Paris of Africa. Here is an example of elite comedy of another type: the Basilica at Yamoussoukro, Félix Houphouët-Boigny's homeplace capital design! But nobody bothered to correct the follies, so here is a disgraceful reminder of the demasque of an elite when a harsh correction is brought to bear by reality. April 2011: Former first landy Simone Gbagbo as war booty to a competing faction. How do such promising miracles of countries end up broken in the dumpyard? That is why I study my country diligently. I don't want my daughters later, studying in Nairobi, to undergo what college female students underwent in Abidjan when the correction came. Soldiers and militia, having no other pay, came for their rewards in other means. Women, they said, had to support the national struggle physically too, for, after all, the soldiers and militia themselves were facing daily death fighting for the nation!No, I do not want that kind of sick legitimating of mass and ritualised rape in my country. But I have read enough history to know there is a way to run a country which ends in sadness, and looking around Africa, I can't afford not to be too careful. Chibok girls could come to a county near me! Ancestors forbid! And that is why even as I enjoy this type of comedy below, I laugh nervously. You never know what history has in store as the sequel. Where I come from, the seasons can be extreme. There is a period of daily rain and all ponds top up. The frogs and others who breed in stagnant water do have their merry, and their Christmas love parties are full of boisterous croaks daily. Then comes the change in weather, the seasons alter and the pond dries slowly. The late tadpoles still caught in the slowly drying pond, become a sorry sight. Not only is there nowhere to hide from the beaked predators patiently waiting beside the receding pond, but the sticky ever-muddy waters too become a death trap for the oxygen retained, gauges toward zero. Futile they try to swim, doomed by a pre-ordained order of changing circumstances. Look at the following statement of defence: The said funds were received by the firm purely in the course of discharging our professional mandate under an existing Client-Advocate relationship pursuant to instructions received from our client, That is a tadpole in a drying up pond. 1. The said funds are stolen from the NYS. The former powerful lady Waiguru is no longer helping investigations, but is a named suspect, a nervous wreck and a declared a high-blood pressure patient to avoid a stint at Kamiti. 2. trying to transfer 27M to buy clothes from Hong Kong is as confessional as they come. The firm is a money-laundering outfit, specialised in constructions to disappear looted funds. That is not unique, only that it has been searchlighted and caught in the middle of a heist. So it gotta hang, coz a bone must be thrown to the howling pack. 3. An election is coming. Something needs to be done for show. Ogola&Mujera just have to bite the bullet. This is nothing personal. 4. sometimes even farce has its limits in entertainment. Ogola has become a clown, and everybody knows it. The money is stolen. There is no other way of hiding it. If his Excellency could disown his paramour on it, you know how deep the stink is. But fine the young can be full of self-deception like Icarus. Unmeltable wings, like the unsinkable Titanic. 1D But I declared every strand in this NYS story is a life of its own: planarial. (We will visit the beginning when the Nandi ---remember his name?--- was sacked and transferred by SMS to Turkana. He was replaced by by a Githinji, now indicted together with Mangiti and a host of others including the no-nonsense, then Queen of the city, Mumbi Anne. Nandi Alfred Keter is still bitter about that Nandi humiliation --sensitive man! Then there is the really really tabloid detail of condoms and vibrators allegedly bought by the NYS! (We leave those alone for the moment, but imagine what stories they hide about Kenya and her government!) -True or false! But the hot story is ---with Anne Waiguru insisting she was the pretty quick whistleblower, how come the CBK of ace moral kid Patrick Njoroge still missed the cue, and Joseph Mugwanja and co failed to recall the ( suspicious) disburses the CBK had FAILED to question by its own (formidable?) technical SENSES specially erected to ferret such dubious transactions? Months later, malafide lawyers are still able to access these funds which the CBK wrongfully disbursed! and the CS herself still in glory then, had declared fraudulent! Come on Patrick Njoroge, don't give up on me now, kid. Up up your game. I am reading the history of Spanish fascism, and you know I discovered your Holy Opus Dei founder Josemaria Escriva, O his name be Saintly forever, was the pet preacherman of the eternal Generallisimo Franco, now considered a monster by most his countrymen. Give me a sign you are not a mere atavism man! And I will be back! --mild!
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Post by jakaswanga on Jan 16, 2016 0:13:12 GMT 3
THE EUROBOND AND SPIN, AND REDIRECTSThe mother of all libel courtroom dramatics have been promised by the likes of CBK governor Mohamed Nyaoga, reputation injured, against the unrepentant Odinga Tinga, the evil doer running amok dishing out Black Spots. That is the coming soon sequel in the Eurobond Saga. It is just like a movie to me, if you remember Ruto's opening speech at The Hague. I revisit the story from here -the Ndii quote. Remember my beef is with the one I think worth Wanjiku's while on this, Dr. Patrick Njoroge. Rotich Thugge Mugwanja and the rest are, as far as I am concerned here, little more than fresh contents of the so called flying toilets of the Kenyan slums. A messy affair. After this observation from David Ndii, this happened: And then Rotich had to come back on that 'ALLOCATION' for 'that year'. How I wish Kamau Thugge had said this BEFORE David Ndii observed the discrepancy and went public with it. Coming clean only after being forced on the defensive where public funds are concerned in Kenya? that is a confession! a sh!t head situation. Let me break it down like this to Dr. Sh!thead Thugge: I know you are a top African bureaucrat and that means you likely suffer from a mental laxity, which in political science is called degeneration, or chronic institutional mental relapse. Some say it is typical of parasitic modes of existence. Among the clearest examples of this laxity/degeneration is (1) the case of those Machakos engineers who, chapchap, did a tarmac road; and, equally chapchap, the supposed tarmac road became a tarram road. There is nothing wrong with the civil engineering grades of the technocrats from JKUAT, but there is everything wrong with their work, and work ethic. (2) From the ministry of Health was the top surgeon at a Nairobi surgery who forgot one of his tools inside the patient. When the patient came to after narcosis, she suffered searing pains in the abdominal area. A nurse who was charged with cleaning and sterilizing the implements could not account for one of them in the rack. And so the mystery unraveled the pair of scissors was sewn inside the patient (by mistake!?). -That is a degenerate surgeon. But nothing wrong with his training though. He had just decayed, wasted away into a caricature of his true self. Lots of great post-colonial literature handle this propensity toward degeneration of top African technicians at the zenith of society. That is where we come across terms like depersonalisation. (Remember the great new estates like (I think) Sossian and Jacaranda and suchlikes between Umoja and Kayole!? The city engineers built the drainages without an idea of flow, either by gravity or by pumping power. The result when the rains came!? city in the sun, city under water. Everybody knew it was a swamp to be of course, El Ninho or no El Ninho, especially those rich enough to afford them at high bubble prices. If I were an insurance executive and they came to claim, I would tell them we do not insure stupidity. There would be no profit in that in Kenya, every other citizen would claim! (3) When it comes to finance, the examples which prove the laxity/degeneration or total rot of African state accountant, are legendary. See Dr. Sipho Moyo elsewhere on the so-called Malabu deals. It is not for nothing African economies monopolise the cloacal end of Transparency International's ratings. Kenya is 145/175. The honour of Africa is saved by Botswana @ 31/175! We do not need Transparency International to know ourselves as Kenyans, do we!? but for official purposes it can help to argue, that the idea of giving a state bureaucrat in Kenya the benefit of doubt --even, formally, going so far as to believe in such a ones innocence until proven guilty by our Kenyan judicial system, would pin point to a type of stupidity which is not even characteristic of lost sheep in the night herding themselves toward a pack of hyenas to ease their fear of the dark! This means that when Dr. Thugge only provided lame explanations after Dr. Ndii hollered STOP ??thief?? the situation is more than dubious. And then this it is a whale of a lot of money to just disburse around and not locate to any specific projects (which anyway was the original rationale -Thugge has now denied this is so: the eurobond was just money, like any other general windfall). But anyway it has all been burnt, one way or another, and there is no trace, for the moment, (homework galore!) When one cannot show the paper work detailing billions, and one is not just anyone but the MoF, technocrats trained at the best of Ivy leagues, I can read it through it alright: logical deduction. For those given to a benefit of doubt, here is your buoy to stay afloat. Which is what takes me now to the man whose silence in the face of all these controversies is deafening, controversies which all wash up at the steps of the Central Bank, his Olympus Palace. -No, the silence is mischievous, because he recently gave an interview, and it was all tabloid and frivolous. Dereliction of sorts. The African people have a saying about beating drums when ones house is on fire. Ethics and Anti-Corruption Commission (EACC) CEO Halakhe Wako flanked by EACC Officials, addresses journalists at Integrity Centre in Nairobi on November 16, 2015, concerning inquiries on the Eurobond Floatation and DisbursementThe anti-corruption agency has exonerated the government from claims that Eurobond money was stolen. Once upon a time there was an old saying: All roads lead to Rome. In the Eurobond they all lead to the CBK. And so Opus-Dei gimmicks about rights to silences gotta be run by me. I am the confessor type. Patrick Njoroge, hii pesa siyo ya Opusi: give us a considered opinion. People are going to corrupt courts to regain their reputations!? While in the NYS disburse saga, the CBK where they work is actually the launcher of the laundering! Yawa! rombegi oa kanye!? But to inform you my temper is rising, I hereby translate the above into a quote I learnt was a Mwai Kibaki favourite when he was pissed off at so much stupidity and incompetence around him: you hairy cant of a red goat! Which game are you on top of now!?
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Post by jakaswanga on Jan 16, 2016 19:35:58 GMT 3
THE OTHER EMERGING BANK AND THE OSTRICHES AROUND OUR TOWNSprofit.ndtv.com/news/economy/article-xi-launches-asian-infrastructure-investment-bank-1266494It is in this thread where we visited Michael Hudson. He is a renowned professor of economics, and an equally articulate critic of the IMF and the World Bank. He unravels their political economic thrust in the imperial design of the international capitalist system, and rule. This Breton-Woods framework of global order which has not brought Africa much profit, is also The Work Dr. Patrick Njoroge is very proud to have been called to, alternatively; and, yanking the words out of the horse's own mouth, this pious man is very proud to have been at the 'top of his game' in service thereto. Lo! there boasts an akida I say, and the possibility is raised of a current sleeper or, for all we know, a Manchurian candidate. I will explain presently. Now, in this period in which Njoroge was at the top of his game for the IMF, we also have reports and documentation from the frontlines. Lots of Africans and Asians who dealt with the twin institutes --the Mozambican memoires comes to mind just as well as Malaysian Mahathir's denunciations, have detailed their time at the IMF purgatory. O the aftermaths of the SAPs! Aware of these (more than mild misgivings) but arrogantly dismissive, or just plainly ignorant and therefore a case of intellectual negligence, this Patrick Njoroge may not be fathom his alternative billing: A brilliant homeboy recruited and turned, forged into spannerboy holding his motherland down for rape, a traitorous quisling facilitator of the post colonial heist. He he he! Opus Dei altar boy! Africa does hold a fierce virgil! she may be down, every foreign power however meagre taking its turn defiling her, but like an unbroken slave at duty she registers all and develops an encyclopaedic reading of men and situations. Yes, lost sons and daughters too adding insult to the injury, all the more sadness causing, as they boast about it in broaddaylight! disgustingly sickening! Now the Asian Infrastructure Investment Bank goes into mission 16-01-2016 China is the major INFRASTRUCTURE CANDY UNCLE to Kenya if not to most of Africa. China is the infrastructure Santa Claus if you prefer. Europeans and Americans do not fund Inga Grand Dams nor Ethiopia's Grand Renaissance's, nor Mombasa to Kissangani rail-lines like they used to do when they were real, confident colonial powers ---( Owen Falls Dam, Inga I$II, Uganda Railway, Central Line Rail, Kariba Dam, Akosombo, Cahora Bassa! Daring and Ground-breaking infrastructural projects!) Now the deflated Westerners fund some tame 70MW wind and Geothermal generator here and there, in addition to tin market toilets around malaria lakes in Africa!) Gosh! They are onto military bases all round! around which brothel towns spring up, well supplied with juvenile booty. Now, that bankers on top of their games, and on top of African Central Banks heavily indebted to China have no opinion, nor interest nor hurry, to position their countries in respect to this Asian Bank development ---apply for associate membership for instance, tells us the inside story of being on top of games. Manchurian sleepers If you give it a bit of thought that is. Africa could have applied collectively as the AU, or individually as the Balkanised fiefdoms we are. That is the kind of vigil Africa keeps on her sons and daughter. Noting her central bankers giving frivolous interviews abour cars and sex, ignoring China and her Investment Infrastructure Initiative, which finances roads, airports, grand dams, railways and you name it around here! Ha! watch me come back on hairy cants of red goats! I learnt that from our former LOOK EAST PRESIDENT! --impeccable instincts! The Othaya crook!
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Post by jakaswanga on Jan 17, 2016 21:57:55 GMT 3
SABOTAGING THE GAINS OF DEVOLUTION! PATRICK NJOROGE REVEALS THE DAGGER IN HIS HAND.But first, when it is well executed, a national assassination requires assassins who cover their home bases. And so a rehash: GREECE REVISITED!It is a story I followed with vigour. How the ruthless triad of Chancellor Angela Merkel, Bundesbank President Jens Weidmann, and especially Finance Minister Wolfgang Schaeuble, rammed down austerity down the throat of Greece. And to show they were playing for keeps, they confronted the whole EU constituent apparatus with the decided bomb: if not, Grexit becomes a fact. The other Europeans, not having the money to bail out Greece, acquiesced to the German diktat. So too did Greece (elites) unable to think of nor author a life outside the Eurozone, surrender her independence. That is how shots are called. But remember Germany has its economic house in order. And runs herself ruthlessly. The Euro is Germany insured. The rest, like Spain and France and Italy are just hangers-on, struggling journeymen. So it is not like Germany demands of others what she herself doesn't do. Now lets see what we have in Nairobi. Nairobi is a long way from Berlin, and the Frederic Willem in Bonn has a curriculum divergent from Yale and Harvard, even as they meet on the IMF work floor. So what do we have in Nairobi? A lootocracy like the Greeks who gave us Mathematics but cannot bother with the discipline bookkeeping accounting! Our own central bank, to say it lightly, has a history of being accountancy challenged! In the following conflict the CBK homebases are not covered. At the same time they, CBK, are currently embroiled with Raila Odinga in a name-calling match which has become an escalating mud-fight. www.nation.co.ke/business/Storm-over-bid-to-tame-county-loans/-/996/3036530/-/pk4eyoz/-/index.html It is a clean hit by Dr. Njoroge. A sniper's bull's-eye score. This statement is equivalent to an order:The Central Bank of Kenya (CBK) on January 12 wrote a circular to chief executives of commercial banks, mortgage finance companies and micro finance banks instructing them to express caution in their lending to county governments.Patrick Njoroge has in effect ordered Commercial Banks to stop lending to county governments unless they clear it with him. In one letter/circular he has re-enforced his position as the Paymaster, controller and decider of when counties get loans, and from where. It is his prerogative to DECIDE THE PRIORITY. County governors are like his children he chooses to give pocket money to or not. In monarchy we call that at his majesty's leisure! The majesty being that French lady at IMF, we will say at her majesty's leisure then. It is a long running conflict. That is an IMF position and the true gist of the Financial Bills they forced upon Kibaki and Raila. but it is a political bomb meethinks, because that is not what devolution was about. Governors are not children doomed to ask Mama Central State and Father Central Bank to please please, saidia pocket money yawa. Devolution was and is about transferring pesa and power Mashinani. And devolution came as MAJIMBO soft OR DILUTE. There is the HISTORICAL option of MAJIMBO HARD. This step, with which the central state hits back, is rear-gaurd action, and accompanies the recent constitutional-ammendment trips by Jubilee Uhuru to concentrate more power in the Presidency. Some have called this creeping fascism. it is an apt historical reminder. I remember Queen Anne Waiguru too in her heydays fought a hard war to transform the Cabinet secretaryship for devolution into a supremo CEO-ship to whom the governors pay tribute. She failed. Kamau Thugge and Henry Rotich backed her up by delaying funds, a move which prompted court cases and, talking about Onyango Oloo patented cleavages that must deepen, destabilised the Jubilee government as even governors on its ticket rose up in rebellion! This issue, now burning the fingers of the CBK chair, goes to the heart of the political system post Arap Moi. One year to elections, it is stuff reasons can be found to cut off the balls of a man for. a hot problem is, in my view, that Njoroge has not shown an equivalent toughness reigning in national or state finances. He has been snoring --that is how I explain the strange case of the Central Bank laundering the NYS cash to local banks after Waiguru had belled the cat! Then there is of course the Eurobond controversy where he has lost his tongue. Rotich bans benchmarking trips as austerity: --HA HA HA! remember what in response to Ndii, anne waiguru said of Magafuli's banning cakes at CCM breakfasts? she observed keenly: Hardly the stuff of economic transformation. So if Njoroge wants to be hard ball with counties ala Jens Weidman with Greece, he better start closer to his office, then the state finances, then mashinani. a guy gotta build credibility. Otherwise as it is, the suspicion is, Rotich is in shortfall, so SUPPLEMENTARY BUDGETS are in the offing. There has been too much looting. The treasury in Nairobi is therefore RESERVING all the local commercial cash for its itself, to borrow! And killing two birds with one stone in the process (necking devolution). Here is a clue every option offering credit is to be considered! that is desperate I say. which means Nairobi and CBK can use a bit of their own austerity medicine reserved for the governors. Njoroge can better rigorously re-organise state finances first, like befits that speck in my eye before I remove yours, otherwise tempers fly, like below. and so hidden in the conflict is that counties with rich natural resources can decide in their assembly to leverage that against an INTERNATIONAL LOAN, as a pointer to secession. Or a test of the situation. FOOTNOTES OF AN SMOULDERING CONFLICT: 2. It is a deep conflict. And it just hitched a notch higher. So this works out to a concerted effort by Nairobi to sabotate devolution. It is a retooling of the central state, a re-assembly of the pruned central powers, both of the bureaucracy and the presidency. But do the new architects of de-devolution recognise the import of this recidivisms? Do they recognise devolution is the breathing space why the Kenyan state did not implode politically? May be it looks so long ago, Moi, we have forgotten the ills of an authoritarian central state. It just shows how popular devolution has been. An intoxicating party that erases memory! Time to sober up! (I am in abstention. All that time I used to be drunk, I now just think and write here!)
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Post by jakaswanga on Jan 23, 2016 14:49:39 GMT 3
LISTENING TO THE BEATS AND TRYING TO INTERPRET THE TALKING DRUMTHE IMF, via her representative to Kenya, the Nyapara Armando Morales, declared everything ship-shape and fore-casted an all clear sailing ahead for our beloved Kenya. For those who believe him, top up the volume and let the party roll. For the Chineke birds amongst us who have learned to look outside the window to see if it ties up with the weather forecast live on TV, a vigil will be kept on the vocal chords of the National Oracle, The Opus Dei chair of the Central Bank, Dr. Patrick Njoroge. Does our Yale-bred oracle repeat the IMF mantra like a brainless parrot or a pre-recorded tape, or has he since gotten mental autonomy, became an original thinker and processor of data, and has developed a mind that makes itself up purely and clinically on the available facts? I had said the interrogation of Njoroge will be ruthless and relentless, coz that is the only way Africa can show respect for his Ivy-league credentials. To patronise him with less rigour would be to humiliate him upfront, like we would a domesticated house niggah. Here is the IMF position. First mistake, peers. This IMF red-canted goat is comparing us to rest of Sub-Sahara Africa. What is that for insult!? --check this out: -War-torn Somalia is Kenya's PEER; Hunger paradise and 30-year civil war Ethiopia ending up in secession Eritrea; 40-year civil war Big Sudan ending up in two useless Sudan's; Rotting corpse Zaire becoming genocide paradise DRC; Medieval Rwanda and Burundi in a medieval circus of mass murder; For Tanzania see Anne Waiguru's response to Dr. David Ndii; Uganda is hardly out of its Idi-Amin and consecutive civil war legacy; Mozambique, CAR, Zimbabuwe, Congo Brazza are hardly worth a mention; Angola is a Mobutist kleptocracy, oil replacing Congo's legendary mines; And everybody knows in statistics they always say Sub-Sahara Africa excluding South Africa! This man Morales should be expelled from Nairobi. As a Kenyan I do not look to be compared to performances of civil-war torn historical litters like Burundi, CAR, Ivory Coast, nor oiled banana republics like Nigeria, Ghana, Gabon and Eq Guinea. Those are nothing retards reporting 50 years of retardation. I will be damned if being found better than them has any meaning in a modern world. - -Go way Morales, thy cheap shot goat. My anxieties are the statistics from Taiwan, Kuala Lumpur, Djakarta
. So, excuse me folks, I tend to urinate on red goat cants like Morales who, pleased to dumb you down, compare Kenya to junior Kabila's lazy Congo. Mago wich ma nyuka pi ma ok atigo -those are porridge brains polluting Nairobi. Go away Morales! As we wait for our own whizzkid Njoroge to speak, let us listen to a few drum beats to warm ourselves up. This concept will later prove useful I will remember and remind of another ratio which is calculated against the TOTAL EARNINGS of an economy. Therefore not only EXPORT earnings. For instance remember the EUROBOND is essentially a debt. A loan from the international financial market, denoted in Euros. But half of it did not even reach our shores. It was transferred within the same banks in London and New York to OFFSET old debts. In other words, we are going in new debt to pay off old debts. They call that debt servitude, a vicious cycle. And I think it a deep crisis. And I need to hear from our ace Yale doc how we get out of it. Pronto. The Harvard men Rotich and Thugge are preaching more high interest rate debt with their multi-trillion annual budgets, so I gave up on them -charlatans! But I noticed our Yale man has not given a position yet. So, benefit of doubt, foolhardy it may be, I keep hope. Will the last of the Ivy-league Mohicans ride!? More drum thuds: Some girl called Sheilla M'mbijiwe is the deputy governor of the CBK. Lucky girl missed being mentioned as a 'person of interest' by Agwambo Tinga in the Eurobondgate. I don't know whether the following position she held in Johannesburg, reflects the official position of the CBK, and thus offers an insight into the ideological thrust of Patrick Njoroge. Now I know people who are experts in stuff I know little about. My brother in law Mank is not available for the moment, but I have other consultants afield. So I asked an old lecturer in Scotland to break a few figures down for me. I told him: Take these three or more countries which, lately, have registered miraculous economic growth rates in a short period, mirroring Germany's old wirtschaftswunder. What do their comparative graphs of DEBT REGIMES, DEBT REPATRIATION, DEBT SERVICE RATIO -especially the one measured against all services and goods produced and sold by the economy in the local or external markets, say? Premise is Kenya's debt service ratio now passed 50%. The man has advised me first to go and thoroughly read John Maynard Keynes's proposal to her majesty's government in the run to the second world war: HOW TO FINANCE THE WAR. (May be you can borrow a leaf therefrom to finance your infrastructure binge! the aging professor intoned subtly)For the German miracle we all remembered the US insisted all foreign claims on Germany, monetary or otherwise, be blocked until, yes, American banks first, the Marshall Plan loan was fully refunded. And that would be a long time in coming. Defeated Germany's old debt slate was as good as wiped off. No inherited debt servitude ---which is what collapsed the Weimer debt reparation republics of hyper inflation. The truth is if you spend 50% or more of your total income paying off debt, you are not investing in much. A look at your unemployment rates will tell you your economic expansion is not catching up. Then there is the question of how a country uses its loans. Used well, loans are fuel for upward motion however tight or cut-throat their conditions. Which leads me to remember Henry Rotich can not point to any single benefit project of the Eurobond disburse. If that is how a nation goes about with credit, that is how Greek tales of tragedia are born. Republics of Graft tied to more debt are a sink, that is what I think. More drum beats. and I also read Taking precautions against a complete cash crunch, Njoroge already reserved the right to have banks loan to counties only on his say so. Though the Nyang'aus read the desperate note in his voice, and did that crocodile trick. The crocodile trick, a folklore story from Luoland, is when the crocodile offers to be ones surf-plank to cross from one island to the next, then changes its mind mid journey in the deep water, inflating the price and warning quick, lest the rest of my family arrive and convince I am better off with you as a meal than as a passenger! Patrick Njoroge could no longer hide. The sharks smoked him out and he went to press. Lacklusterly. Here is a taste of him with a variation of the famous Mother Bed Bug optimism. Rotich and Central Bank of Kenya (CBK) Governor Patrick Njoroge during a press conference on Imperial Bank on October 21, 2015. Macro economic stability and low oil prices! Economists! When low oil prices sustain as they are primed to as Iran enters the market with a vengeance, don't economists start a lament called a 'deflationary spiral'? My hero from Yale is looking dangerously shaky. I am spreading my bets. On macro economic stability, I think investors will hold their cards close to their chests as election fever hots up. Elections in Africa these days can be very unstabling. The rising Africa is restless.
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Post by jakaswanga on Jan 25, 2016 21:03:16 GMT 3
LISTENING TO THE BEATS AND TRYING TO INTERPRET THE TALKING DRUMTHE IMF, via her representative to Kenya, the Nyapara Armando Morales, declared everything ship-shape and fore-casted an all clear sailing ahead for our beloved Kenya. For those who believe him, top up the volume and let the party roll.
For the Chineke birds amongst us who have learned to look outside the window to see if it ties up with the weather forecast live on TV, a vigil will be kept on the vocal chords of the National Oracle, The Opus Dei chair of the Central Bank, Dr. Patrick Njoroge. Does our Yale-bred oracle repeat the IMF mantra like a brainless parrot or a pre-recorded tape, or has he since gotten mental autonomy, became an original thinker and processor of data, and has developed a mind that makes itself up purely and clinically on the available facts?
I had said the interrogation of Njoroge will be ruthless and relentless, coz that is the only way Africa can show respect for his Ivy-league credentials. To patronise him with less rigour would be to humiliate him upfront, like we would a domesticated house niggah.
Here is the IMF position. First mistake, peers. This IMF red-canted goat is comparing us to rest of Sub-Sahara Africa. What is that for insult!? --check this out:
-War-torn Somalia is Kenya's PEER; Hunger paradise and 30-year civil war Ethiopia ending up in secession Eritrea; 40-year civil war Big Sudan ending up in two useless Sudan's; Rotting corpse Zaire becoming genocide paradise DRC; Medieval Rwanda and Burundi in a medieval circus of mass murder; For Tanzania see Anne Waiguru's response to Dr. David Ndii; Uganda is hardly out of its Idi-Amin and consecutive civil war legacy; Mozambique, CAR, Zimbabuwe, Congo Brazza are hardly worth a mention; Angola is a Mobutist kleptocracy, oil replacing Congo's legendary mines;
And everybody knows in statistics they always say Sub-Sahara Africa excluding South Africa!
This man Morales should be expelled from Nairobi. As a Kenyan I do not look to be compared to performances of civil-war torn historical litters like Burundi, CAR, Ivory Coast, nor oiled banana republics like Nigeria, Ghana, Gabon and Eq Guinea. Those are nothing retards reporting 50 years of retardation. I will be damned if being found better than them has any meaning in a modern world. --Go way Morales, thy cheap shot goat. My anxieties are the statistics from Taiwan, Kuala Lumpur, Djakarta
. So, excuse me folks, I tend to urinate on red goat cants like Morales who, pleased to dumb you down, compare Kenya to junior Kabila's lazy Congo.
Mago wich ma nyuka pi ma ok atigo -those are porridge brains polluting Nairobi. Go away Morales! Here is an example of the TROJAN HORSE IMF, why people like Morales are merely like parasites who inject incapacitating poisons, rendering Africa defenceless for pillage and rape. Rogue doctors prescribing and adminstering date rape drugs at the behest of monsters prowling the globe. and
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Post by jakaswanga on Feb 14, 2016 15:49:46 GMT 3
THE MAGIC OF SOME STATISTICS and CENTRAL BANKS.nb: (GABRIEL OMOLLO SINGS KEEP CHANGE MARA AND OTHER STORIES) NB: Keep change mara is an old legendary song. I will trace it on youtube if possible and link it here. In my reading, or listening between the lines, Omollo Gabby outs the DOMESTIC rebase trick, how a lusty trickster uses ksh. 60 and the same ksh. 100 note, in those days a respectable mans monthly salary, to overthrow the weakly government of another man in the neighbourhood.) More about that song later. More about STATISTICAL REBASE later. First AEGEAN BLUES. I love to come back to current Greece, to understand a rigged game. Syriza, the leftist party which promised anti-austerity policies and a workable alternative in economic rule, capitulated without a shot. -WHY? Why is the peoples support not enough to change national policies? especially policies which both the elite and the ruled recognise to be detrimental to national growth? How powerful are capital's interests? -looking around the globe that power would appear Almighty!? Where does this silent power to erase the people's and their leader's will in a so-called modern democracy, come from? Where does its invisible hands harvest this heaven-like autonomy? Thinking about these helps me ponder the options of Muhammad Buhari. I take him to task in a different thread. This is the man on whose shoulders rests the salvation, or at least the hopes for the arrest of the decline of Nigeria. May be history has set him up for a Spartacus role. Then must we slaves fully understand Rome. And recognise, prepare for the chilling purpose of her matching columns of armour. What can Buhari do, if the interests of the Nigerian people collide head on with the interests of big capita!? Does he have any other option than capitulation like Sypras? Does Buhari have any other trick up his sleeve than pretence served in various PR doses of hoodwink? Can we write him off today and, as they used to say in Congo, do our own plan? Where Nigeria goes does Kenya go they say! so will I gladly confuse Buhari for Muigai! and no apologies if caught! In a country where the government never helped anybody apart from cronies, the question when people meet is: vipi, what is your plan to do? (there is no such thing as SIRIKALI SAIDIA! FolK wisdom recognises that would be waiting for manna to fall from heaven, which, in human history, has no precedence and shall never have happenstance!) I am pessimist, unless human history to date is a fairy tale. REBASE is a trick.Assume I earn 90k, and deep in debt, x3 my income. Every month there is a 5% inflation on the interest rates on my outstanding loans which I am already hard-pressed to meet. I am in new debt to pay off old debts in fact. I run a deficit in the family budget, even before I pay for primary needs. Investment means more debt, so i have several concurrent debt portfolios. Without new debt, I am bankrupt.
But of course life has false bottoms however tight the corner. I have a car and other trappings of the game of keeping up (middle income) appearances. Rebase me now, say 30% up ---I have been using the car as a taxi and not telling, keeping chicken and cows and moonlighting some and not telling. Now I can take a higher loan, statistically projected. This is good news to the family which is addicted to our lifestyle, and whom I keep in the dark about my precarious situation. I therefore keep on keeping up appearances, brandishing my outward success and make-believe arrival, too. That is the middle class game, and the middle income countries game of the rebase. --The rebase has artificially upped my credit rating for the banks. Artificially because the statistification into accounting of the proceeds of my extra-curricular activities, now denies me any breathing room given the higher debt. This is the pyramid scheme of debt. And it is world wide.(Rebase means you are rich enough to take new loans, and your old loans can not be written off as bad!) The purpose of the rebase was to unearth and annex my contraband activities into debt service. It is a desperate scavenger's protocol. It is like the technique used to strip criminals. Most loaded criminals, even if living modestly, can not resist trappings like flashy cars and a few odd luxuries. When smart police can not find any records of richness, the tax man does a statistical modelling based on the few luxury goods confiscated. He then econometrically arrives at the approximate worth and smiles at the pauper. The smile is of a shark at a meal after a long search. There is a model which figures out how much contraband money is flowing in a roaring savannah Lion economy like ours, Kenya. Sudan's oil heist, Tz bureaucrat thieves, Congo's looter warlords, and even latin American drug gangs venturing into new markets as the traditional centres of money laundering are no longer safe. Nairobi is one of the upcoming Mecca's of this new dirty cash, and that is what explains some of its real estate bubbles [Mall City of the future], stock market booms, and champagne parties where the famed stuff costs a reputed $1000/bottle cash. All within a kilometre of Kibera toilet scheme settlement. That boisterous but invisible trade money beggars to be incorporated somehow into formal statistics and brought under control of the world reserve currency, $$$. Doing that is a rebase. (the rebase is not all nonsense! and i am not against Nairobi as a Mecca of dirty money! Important is to manage it better than Switzerland at her best days as the Big Thieves banker! I am not interested in a morally clean Nairobi, I am interested in a ruthlessly COMPETENT FINANCIAL CITY. Go away London! this is why goats like Rotich make me puke! So long men like him run money in Nairobi, there is no hope in hell of overtaking London, bypassing Switzerland! Not even the Shakespearean fury of a scorned woman matches mine as I pen this!) Note: I said NOT under the control of the CBK nor the Kenyan government, but the FED. Because, and here we have to mind the relationship between the mature bourgeoisie and their local auxiliary pawns: if the gifted trio of local accounting doctors --- Rotich, Thugge and Ouko--- can not count a mere $2bn eurobond, which adult auditor will believe they can count drug money from Latin America or heroin money from Pakistan? And if the fourth ace from Yale, Dr. Njoroge, is a sleeping dog under whose watch Banks launder Public money (like NYS) or effect strategies to loot depositors (like the artificially collapsed Imperial), who in his right mind would think he can follow the complexities of the transactions of the mineral loot of Congo, auctioned in Nairobi? Even theft requires minimal competence! Oh! the lazy dog opened an eye, but it is not yet barking time it reckons! Our fiscal disciplinarian does not look like Schaeuble to me. -That is a German shepperd Wanjiku could use around her granary. How be it our golden boy Patrick has not given a state of the austerity program to Jubilee!? Thinking of our Public Wage Bill. I have listened to the kind of things Uhuru and Rotich are proposing of late -- reduce benchmarking trips, stop staying in hot hotels, O please be responsible --- and concluded these are childish. Nay, an adult fiscal disciplinarian is yet to wake up in Nairobi and report to duty. And Njoroge's reputation not withstanding, he has not risen to fill the vacuum, wherefore I call him our sleeping dog. High potential lying in waste. What a horror! Now the central government is slashing DEVELOPMENT PROGRAMS instead of leaning and meaning itself! shedding ballast. www.nation.co.ke/news/Plan-to-slash-Budget-by-15pc-puts-a-strain-on-flagship-projects/-/1056/3075744/-/3lu7k4/-/index.html www.nation.co.ke/page/search/DailyNation/news/-/1056/1056/-/view/asSearch/-/126mtu0/-/index.html No sooner was Uhuru Kenyatta sworn in than the PWB became a flagpost point of contention. The national instinct as expressed by commentators like Mank of Jukwaa was correct. There was good opinionated consensus the rumoured 17-20 % lost thereto, even if it was the genius of econs Kibaki running the show, was a dead end sooner. But Lo and behold, the young Turks have proved themselves even less in tune with the future. They accelerated into a ditch called cash-crunch. Much as they denied it. WHAT % OF THE NATIONAL INCOME IS REALLY THE PWB? Here is a warning Even you, Njoroge, you are now billable as a cheat onto cooking books!? (of course you Patrick worked for the IMF, and knowing their role in the Greek drama during the Goldman-Sachs-supervised statistical fraud to meet the Euro-rules, figure-juggling for political ends is your cup of tea even if you would not boast of it!) What is Kenya's true figure, or best estimate of the PWB!? 1. to the best of your knowledgeable (a honest econometrist) 2. at the calculated purposes of your office. (looting Africa)
Let me still call you Opus Dei altar boy. It is valentine's after all. Tomorrow I could downgrade you ratings to Emilio Mwai Kibaki choice terminology. -mavi ya kuku, sodomised * of a red goat! Ask David Mwiraria or former controller of State House Mateere Keriri if they dare tell! Now I should do Omollo Gabby, but first, may be a line from the legendary Guantamera to underscore choice 1 above: a honest econometrist.
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Post by jakaswanga on Feb 14, 2016 17:03:03 GMT 3
THE MAGIC OF SOME STATISTICS and CENTRAL BANKS.nb: (GABRIEL OMOLLO SINGS KEEP CHANGE MARA AND OTHER STORIES) Even you, Njoroge, you are now billable as a cheat onto cooking books!? (of course you Patrick worked for the IMF, and knowing their role in the Greek drama during the Goldman-Sachs-supervised statistical fraud to meet the Euro-rules, figure-juggling for political ends is your cup of tea even if you would not boast of it!) What is Kenya's true figure, or best estimate of the PWB!? 1. to the best of your knowledgeable (a honest econometrist) 2. at the calculated purposes of your office. (looting Africa)
Let me still call you Opus Dei altar boy. It is valentine's after all. Tomorrow I could downgrade you ratings to Emilio Mwai Kibaki choice terminology. -mavi ya kuku, sodomised * of a red goat! Ask David Mwiraria or former controller of State House Mateere Keriri if they dare tell! Now I should do Omollo Gabby, but first, may be a line from the legendary Guantamera to underscore choice 1 above: a honest econometrist. OMOLLO GABBYThis is the man of Lunch-Time fame. The most penetrating observation of working class lunch time expenditure in mid 70s Nairobi. Grafted onto easy tones expertly played with nonchalant vocal passion, the laid-back song achieved anthem fame like the Guantamera of Cuba. This cuban song is the one I promise a line from to underscore Patrick Njoroge' worth, should he choose 1. The honest econometrist.There are many versions of this world's best loved singer's song, written by Jose Marti, poete nationales de Cuba. But Celia Cruz ever does it best in my impression. I came across Congolese old men who still wept thinking of her, as they had done as young men, watching her sing Jose Marti during the rumble in the jungle extravaganza organised by Sese Seko, back in 1974. This massive waste of public money later proved an extraordinary event. It featured legends like James Brown whose dancing theatrics left a mark still visible to this day in popular congolese theater. The aftermath too would give geniuses like the crackpot Saxophonist of Orchestre Veve new names which would stick: he goes into history as Verkys. He was given a run for his lungs alright, but he managed to have cousins from across the pond gape in awe. Dynamite they declared him he was! Here is he legend Celia Cruz is on occasion with other Salsa greats, Hector Lavoe, Johny Pacheco, playing home in Kinshasha after 500 years of wandering. Guantanamera, guajira guantanamera * Guantanamera, guajira, guantanamera Talking about option one on the public wage bill figures for Patrick Njoroge in the light of statistics as smokes and mirrors, I was thinking of the following lines penned by Jose Marti of Cuba. In guantamera. I am a truthful man; I come from where the palm tree grows, I am a truehearted man, who comes from where the palm trees grow,
Before I lay down my life, I long to coin the verses of my soul
The words that I write are radiant crimson and emerald bright, The poems that I write are radiant crimson and emerald brightlyricstranslate.com/nl/gauntanamera-guantanamera.html-0#ixzz409H7chjvAnd then: Njoroge would, a honest and true-hearted man, write down the correct sum and put the debate to end with .. AT THE FULLEST POWERS OF MY PROFESSIONAL TRAINING, THE CALCULATIONS I PATRICK NJOROGE DID PUT THE KENYAN PUBLIC WAGE BILL AT x.ytc% of Government expenditures! Some men do tell tales of their land with radiant crimson and emerald bright. This is important for charlaton doctors to remember whenever their folked tongues spew lies and issue the rotten stench of false hearts. Be warned. Bubbles burst. Now that is off my chest I can do Gabby Omollo, Lunch Time man. This time Keep change!
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Post by jakaswanga on Feb 15, 2016 23:34:16 GMT 3
OMOLLO GABBY, KEEP CHANGE MARAIKA(HOW MID MONTH REBASE, OR KEEPING UP APPEARANCES WON THE NAIROBI LADY) A rough translation of the song KEEP CHANGE: If some lusty bachelor is your neighbour, he is a busy bee, toiling incessant to overthrow your government. This purpose ensures he is an early bird at Kariokor (Gikomba) Everyday can he thus shine in suits. This man tries by all means to catch the eye of your impressionable wifeGABBY SPEAKING: ' 'He has another trick up his sleeves. He keeps a single ksh.100 note and ksh.60 in tenners, and waits for that time of the month when the pockets are running dry. Whenever he spies your wife going to the market, and he is on the look-out mark you, he hastens to give her ksh. 100 to buy him a kilo of meat. Neighbours being neighbours, and the bible saying what it says, your kindly wife accepts the errand. When she comes back with the change, the bachelor takes the wad up to 90, and says of the coins and the rest: KEEP CHANGE Angel.
Then in stealth does he go to the shops with one of the tenners. He tops up the other change and asks for a whole ksh. 100 note. Next time again on the look out he gives your wife a fresh ksh. 100 note for the errand. On her return the plotting bachelor repeats the keep change Angel line. This goes on, again and again like a song, until his reserve of tenners is done. Meanwhile your wife is shaken and curious, for this man ever has fresh ksh. 100's at a time of the month, when for others belts are very, very tightly worn.
My friends I tell you, here in Nairobi have many a marriage come to a bitter end because of such neighbourly tricks on gullible women folk!'' That is about the sermon OMOLLO GABBY, once Apollo Komesha, once Sega-Sega, distributes in the KEEP CHANGE MY ANGEL song. Now, My reading of the song was upgraded when I heard the statistical news, ie the epidemic of rebases across the continent. Every cretin economy was discovering it was a giant. Some --in the African sense-- champion performers like Nigeria jumped up 90%. Kenya's figure was 25% up. We flew past some very big fellows and showed them dust. In fact only Nigeria and South Africa remains to catch around the continent. (Imagine where we would be if we did the right thing most of the time! 60% efficiency level! Me suspects that would sustain a 15% growth rate per year! Goodbye youth unemployment! At 75% efficiency, then I reckon 5 years of Uhuru Kenyatta would be the Lee Kuan Yew of old revisited!)I don't have to be an Ivy league economist to work out that kind of stuff. And no thieving brain however big is gonna scare me nor run rings around me selling illusions of a rising Africa, jet-upping on the export of raw commodities without value addition. F or a reality check I just look at the statistics of those who industrialised fleet-foot or paced development at turbo gears. --- What was their debt servicing rates as percentages of actual income? What were their investment rates as %tages of GDP? What were their public wage bills and fiscal reforms and why? (I will be silent on the graphics of labour productivity and deployment for the moment!) NB: Germany for one has had two economic miracles in one century, so these Africa headaches are ABC stuff. Meteoric rise is repeatable on the blind. There is such a thing as phoenix economics after all! That they do not teach it -- Hjalmar Schacht--- in college is a different matter. That is why they all end up just running the printing press, but with posh baptism like QE. Those interested enough can even work out how the miracles are done. They can even do this even from open source statistics leafed on the net! All the comparative graphics for whole centuries, right from the first country to industrialise, Great Britain are there for the motivated And if stuck, lots of professionals can do PRO bono pro DEO work!It can cost a bit of time and mental sweat, but the rewards of piecing together a monumental puzzle must not be underrated. This is just your sudoku at another level, the rewards are self-explanatory. Alas as a Kenyan! One looks around and the picture is dark. Those limbering to take over the captaincy of the ship are no toilers of the wirtschaftswunder model we are thinking and longing for. The Luhyas have Weta and MDVD, scum and scum incorporated. Mutua the famous Kamba from Machkos is a clown act. The Luos have Kidero, tall in looting. There is the Samoei Singh from Kalenjins, a warrior amok at looting; in deed any name you name around the trough, the picture which greets you is a devil worth a cruxifixion at the cross. And if one bothers to give the ladies a glance, one is doomed to the sexy Anne Waigurus who, at the top of their games, loose a billion just like that, and shamelessly dare wanna come back to loose more running the biggest county! Ayayayaya! Still Well. Well, well, the economy is larger but you stay the poorer! That growth would thus be called an illusion, by those mentally sober and standing on the ground with their two feet. OMOLLO GABBY: 'Kumbe noti ni ile ile tu moja!'' The Kenyan GDP has --rebased-- jumped 25% overnight, but the real incomes stayed put: kumbe mshahara ni ile ile tu ya jana! ---- Yawa tang'uru ahinya gi wach mar rebase! It is just a new form of the old Nairobi keep change my angle trick, seen in Eastland neighbourhoods as the coffee recession bit. Only this time the lusty bachelor is a corrupted statistician and bureaucrat, out to pillage yours and the public's pocket! Shepherding the land into more debt, and debt servitude. (Give me that song illusions by Imagination again!) I think my Omollo tutorial is not a bad new read of an old song! -We already saw a reading in which we paralleled rebase against Achebe's the money doublers of Onitsha market. (Did not the Nigerian GDP literally double overnight, statistically!?) -- Podp found the Onitsha tale I couldn't locate on the net! NB: There are lots of tricksters promising instantaneous wealth, for a fee. In Kisumu we had the wash-wash racket where paper was wondrously turned into money. Amazingly Kenyans bought in. There are also the multitude of popular churches which demand 40% or more of ones income. In return they promise four-folds in blessings, blessings which seem to be going only the pastor's way! It is a swindle backed by God, and god's case no appeal you were told in the 60s. So again Kenyans swallow line hook and sinker and are skinned like fish in the churches! One would even agree with cynics who say they are asking for it, give it to them! But I think there is a catch. That naive, fallible and easily swindled segment, is only a negligible desperate part of the population. Lost sheep. The rest of us have to be robbed at gun-point. At death point. In deed in the political economy of a primitively accumulating comprador, the security forces are the armed wing of the thuggish and predatory rulers. They will menace any progressive forces. Armed wing? Don't we call them ' lootenants'!? thy are not just a wing, they are in business too as equal partners! We will come back to this important point.
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Post by jakaswanga on Feb 18, 2016 20:28:22 GMT 3
Here is a DN editorial which triggered a piece of my mind I will state thereafter. It must be in this thread I discussed it. I will check. But I remember the EACC summoned Raila Odinga the threat of ARREST, should he fail. I remember inhaling deep, and wishing if only Raila Odinga had a real opponent in this country. The EACC are a bunch of clueless clowns. That has always been clear. They are infant rats in a cage. Their mental age, individually or cumulative, imbecile. That is why they themselves are unaware of just what is wrong with them. Their self-delusion is babylike. And that is somewhat an endearing thing. Now they have poo-pooed on the table just when the family meal is being served. By re-opening the Waiguru investigation, they have now done worse to her than they did Raila. It will be noted in her affidavit suing Raila, Waiguru vouched her 'good repute' which Raila (and Muthama) had soiled. Imagine the theatrics in the courtroom as two lawyers 'argue disputations on the repute of Anne Waiguru!' You could even think the EACC have been hired to seal the fate of the lady. These corruption cartels! they run every office of state in Nairobi I tell you! –-yawa!
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Post by jakaswanga on Feb 18, 2016 23:18:32 GMT 3
It started like this But the family bank reminded [/font][/quote] And I went like There have been developments since. The head of the Banking Fraud Investigative Unit (BFIU), Joseph Mugwanja, has been adversely named by Josephine Kabura in a now famous affidavit. On the face of it he is a totally compromised rat. He is still consulting for a comprehensive rebuttal or a confession I suppose. And I hope the Opus Dei fella has no mixed emotions about this. In the light of the above, the following sanction smirks foul. The Family Bank is fined 1m for allowing withdrawals of 1m cash. --Lo! www.nation.co.ke/news/Bank-tightens-rules-for-cash-withdrawal/-/1056/3081650/-/apbsodz/-/index.html I once moonlighted in a construction site in Nairobi. A huge mall or something equally monstrous was shooting up somewhere in the city. I asked a Kikuyu in-law of mine to faciliate the Mungiki so that my lorry could have a job for a month. There were more than 1000 men working there daily. All payments, as with Nairobi watu-wa-mkono, were cash at the end of the day. The money would come in a truck guarded by the GSU and ex Queque. Naturally I was curious to know how much cash flowed on the average on a day, cash. And just looking around the car market cash sales in the auto parks around the city, I have seen transactions of 4m cash. And many. I really do not know why a man from Yale thinks withdrawing 1M cash is criminal! Unless of course he is moonlighting for Safaricom's Mpesa! which wants a total monopoly. Njoroge may want to clean his own house (CBK) and up his own act first. IFMIS is a dog which fails to bark too often. A new dog? A new dog trainer? A new Pavlov conditioning? Serious will tell. Meanwhile I think the CBK is the launderer in chief of looted public money! And those aren't your 1M withdrawals. Njoroge Prriz, ngrow up! (the amount hitherto tabled as the looted NYS amount is wrong. It has shot up double. the correction did not come from Bankers nor official accountants!)
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Post by jakaswanga on Feb 21, 2016 15:11:43 GMT 3
Director of Criminal Investigations Ndegwa Muhoro. Mr Mugwanja is now being investigated by his boss, Mr Muhoro, on instructions of Inspector-General of Police Joseph Boinnet. PHOTO | JAMES EKWAM | NATION MEDIA GROUP www.nation.co.ke/news/Every-officer-dream-to-work-at-Bank-Fraud-unit/-/1056/3086096/-/oemv9qz/-/index.html I got some beef to slice below, tangentially from the interesting detail, that, officially, the top fraud cop Mugwanja also reports to the CBK governor, currently a Dr. Patrick Njoroge. Mugwanja is of course now a rotting heap of worm infested meat, but a real star of our local Harvard, Kiganjo. Ordinarily in a fool's paradise, hear no evil, see no evil, think no evil is good enough for business. And tomorrow is another day. But here is a problem, Kenya has modernised a bit and is no longer your fool's paradise. At the treasury we are dealing the best, of the best!!!. The CBK sponsors them to the best trainings, yes, one rests assured one is dealing with professional competence at the highest levels. This is important since an Avenger becomes free to enact and exact the fullest punishment for direliction of duty and wilful neglect, should that be apparent. (I will deposit Goldenberg, AngloLeasing and Njuguna Ndung'u's infamy as apparentness. Those should be enough to start herding the lot toward the guilotine!) On the managerial side too, let me jog your memory, O dear Kenyan, command stations are manned by awesome calibre. MoF Rotich is Harvard Kennedy. That is the nest or bootcamp for the intellectual warriors to run empire. So Rotich has got grade. Next is Thugge, and he too went empire-running boot camp places. John Hopkins. And last is my main man Patrick Njoroge. He is from Harvard's twin, Yale. That is a formidable battery in the field, and on any given day in combat when they slept on duty, I do not see the need to pull a punch, nor restrain the full thrust of sword, during a court martial.Dealing with such calibre, all ABC and routine mistakes, all elementary oversights and bouts of negligence, I therefore will deem deliberate. They are orchestrated and wilful acts --of sabotaging the Kenyan economy for instance. I want to close the intellectual case, and leave it to the historical path of Kenya to produce the Punisher, or Forgiver as the case may be. But all around the globe in other coutries which take their future seriously, I see executions for economic saboteurs. Kenya could learn I suppose, and act on that knowledge I hope! THE CBK AND THE BFIU (Njoroge vs Mugwanja)Now, am I to believe this Joseph Mugwanja guy ran rings around Patrick Njoroge until yesterday, when our tenderpreneural savvy hairdresser blew the whistle on him!? Methinks like this: A Yale-bred CEO on Wanjiku's side enters the National Money Office and looks at those reporting to him. He sizes them up. He notices immediately his key rat-catcher, BFIU head Mugwanja, is a twin with Isohi Shioso, a former personal assistant of Ndegwa Muhoro. Muhoro, he has already gathered even from public sources, was disqualified by IPOA. (And who the hell is IPOA?) IPOA has good repute, unlike EACC, the Judiciary vetting board, Parliamentary Committees, or the rest of the other moral guardian bodies created by the new constitution. Within 10 minutes in office, methinks, a Yale man has it all figured out. Any report by BFIU is bull sh!t. And Muhoro's signature is not, on integrity, worth the paper it is written on. The moment Waiguru reports to CID and it is about money lost, Njoroge must move quickly to distance his CBK from the greasy fingers of Muhoro and Mugwanja. He isn't the reincarnation of his incriminated and compromised predecessor Ndung'u, is he!? This is what is fascinating me now: How Patrick Njoroge uses his formidable intelligence to wriggle out of this quagmire: how was he so cheaply tricked into laundering the stolen NYS billions? I am using the word tricked to underscore the assumption he, Patrick Njoroge, is not corrupt and was neither a party to the NYS heist nor, come to think of it, an accomplice in the Eurobond misdemeanour! But what do I know!? That belated 1M fine to family bank over carelessness with 1M withdrawals over the counter, is not a good tiding for Patrick's reputation I admit. His own CBK snored through hundred Millions suspicious transactions. And on reckonings, all is silent on that front! Now Muhoro is investigating Mugwanja! there is an old saying for that: use a t*** to catch a t***! But one gotta be careful of the domino cycle. There could be none left standing at the end of the tumbling series!
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Post by jakaswanga on Mar 12, 2016 9:36:28 GMT 3
THE LUO LEGEND OF SIMBI NYAIMA REVISITEDLong ago in secondary school, we had teacher we nicknamed Parallel. He had a knack for keeping the dimensions of figures constant but changing their shape. He would do this in a slow motion demonstration as he urged us to watch the lines. So long these stayed parallel, we were simply transforming shape, by manipulating the angles at the base. Then, with a wicked grin after getting satisfied we understood the principle, the man from Kisii would pump in the clincher. 'Understanding this, and recognising when it is applicable will help you navigate lots of situations in life,' he insisted. 'Drawing parallels: Very soon most of you first-time in love adolescents will be broken hearted and facing the prospect of second girlfriends. It will greatly help you, repeaters, if you draw parallels why your first big go collapsed. It could just help you last longer on the second go. There is, statistically projected, an epidemic of divorce out there somewhere in the future, waylaying you guys!' It was a boy's only secondary school. There are places in the world they insist that is a a homosexuals paradise and training ground! but that is another story for another day! That mathematical day, the concept parallel ceased to have a purely mathematical connotation in our hormonised minds. It became a feat in imagination to draw a parallel to every situation until a show-off whose dad was a lawyer told us to draw a parallel is to transfix a precedent. And so in our intellectual development we discovered another awesome concept to chew on. A precedent leads to a formulaic interpretation, which is a standardised resolution. 'I will blow your minds into a g low, boys!' the wicked mathematics teacher told us. 'let us draw parallels later when you have chicks who can blow your pricks off!' It took us a while to get the content of the latter blow. Our tricky biology teacher, The American we called him because of his tweng', left a copy of PLAYGIRL in the lab and went to retrieve his packet of cigarettes from his living quarters far away. When in irrepressible curiosity we opened the page with a marker, the headline was: blowing him away. -And again our intellectual development surged ahead. Teachers! I developed a craving to belong to this profession of seditious miscreants! Now that you know where I am coming from, let me hint where I am going with this: GOODLUCK AND SANUSI, a run-away corrupt administration and a frustrated Central Bank governor. An anatomy of a public spat. NB: Now in 2016, two significant facts are in the open. 1. Sambo Dasuki, the then security advisor to the president, frauded $2bn meant for arms purchases to counter the insurgency. 2. Goodluck's Defence chief, Airmarshal Alex Badeh, diverted the budget for military helicopters toward a shopping mall project belonging to him and other military chiefs. 3. The petroleum company lost to elite theft some $15bn in four years -Figure was upgraded to $20bn by Dino Melaye of the anti-corruption network Nigeria. At one time $1.6 bn was stolen in two months. Jonathan and his cronies stole a conservative estimate of $31 bn. As a %tage of the Nigerian GDP before the famous rebase --yes that word parallel, I was having my young cousin who does maths, draw, purely for academic purposes, a mathematical parallelto me, respective what the Uhuruto regime has pick-pocketed away in the various scams rocking the land since 2013! What big brother does, small brother learns. -and wait until we invert that, and get blown in our fantasies about small brother Dr. Patrick Njoroge looking up to big brother Dr. Sanusi Lamido Sanusi, and getting the sack. Or do you say suck? Labaran Maku, the Jonathan minister for information and national orientation, dubbed Sanusi a ' voodoo statistician' running away with the country's mind with unsubstantiated figures! A jolt ... How did the Kenya ministers of information and national orientation, Aden Duale and William Singh, and the then Jubilee hot-tea and Queen Anne Waiguru, react to Dr. David Ndii on his Eurobond-flaggng and whistleblowing? Aaah! Parallels and precedents. I already said elsewhere, that the hotshot Nigerian minister of finance during the Jonathan, and earlier Obasanjo treausry heist, Okonjo-Iweala, is an alumni of the same school as Kenya's current minister of finance Henry Rotich. A parallel possibility, all the way to working for either of the Bretton Woods pillars. Now let us see about Dr. Patrick Njoroge. Methinks he has to stick to his addiction to the fifth amendment or he will get the sack. For, good heavens for sooth, how long can it take a man of his brains, if of decision and minded to, to tell us in detail how much money is gone and how? some riddle that, huh? The floor is ajar for usual suspect Dr Ndii to run amok, and the ilks of journalist Sarah Elderkin to add up figures! But if --for some unknown but easily thinkable reasons--- our math whizzkids from the world-running colleges have lost their mojo and silenced their worth, it isn't like we will loose sleep nor beg them. Nay, sleeping dogs will sleep; we have our sources for figures to work with. Opus dei boy can continue holding his tongue. Who cares. We have the --basic estimates-- info. The rest we will logically think out. Some of us feareth not the toil, burning the midnight oil. The trick is, out there Africa is working on its guts, to fire up enough courage to have a harsh go at the ruling thieves and their hot-shot cum laude collaborators. And my mission is to be a whistleblower like the woman of Simbi Nyaima legend. There is a sh!tstorm coming. Please western educated Africans, let us change tune before Africa turns her back completely on us! I travel around that heart of darkness and something scares me out there! There is a callous indifference to cruelty at the SOCIAL bottom in open display. Like the way we lynch and burn to charcoal pick-pockets on African streets, the crowds cheering and dancing to improvised beats. How long before the revelation Lo! the insight hey! the the big thieves are up there! Let us storm the Bastille and have a party with them cu-nts! And them cants will be the large-scale state pick-pockets currently skinning Africa alive. Who will it be make a bonfire of if things do not change peacefully? Suspected Female Kidnapper Set Ablaze In Lagos That is what scares the living daylights out of me. Steal a motorbike and get burnt alive. Obviously what would be done to one for stealing a bilion the Youth fund or NYS is, culturally speaking, something more artistic and ritualised, like an Aztec ritual of being skinned alive first. It aint happening now to top thieves, but why keep on prodding the heavens to unleash the devil?It would be lovely to know I am just an alarmist, kind of hallucinating from too much hashish, or from undosed indulgence of pill after pill of Mexican mushroom trips!
... as we, parents in hypocritical shock, would expect their invaluable Kenyan adolescent fresh out of a Kileleshwa Project X hedonistic extravaganza, like so blown out of proportion, huh? That is a saintly thought. Moral corruption blown out of proportion!
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Post by jakaswanga on Mar 13, 2016 18:41:11 GMT 3
THE PRACTICE OF VOODOO INFESTS OUR STATISTICIANS; (ACCOUNTING NOT YET A SCIENCE and other African stories.) I was looking for figures flying around there in the public place. Figures concerning the Kenyan economy. And I was getting surprised. The figures themselves may not be important, more grave is the interpretation one gives them. 75% of the Kenyan GDP can very well be stolen. But if the thieves invest it more wisely in the economy than the stupid government would, then it is money much better used, that left to the government to squander. For instance if Waiguru and her co-accused stole +1bns from NYS and uses it to build one hundred thousand 2-bedroom units (2 storey-Jerusalem) type at Kibra mafi park, for cheap working class rent, instead of buying her son a ferrari and having top-tier legal firms of Nairobi export the rest to Asia and the rest, it would be stolen money well spent. You know, like Lord Delamere stealing tracts of Maasai land to start up a dairy ranch, and not pleasure hunting estate. But we will follow that later with resident Jukwaa econometrist Amigo Mank when he returns from his period of retreat. Today, Nigeria under anti corruption crusader Buhari continues to offer me a distant object of study,if with some amusement. I went to look at what this African giant is up to, when I came across a comment by the jubilee nightmare David Ndii. Here he is. www.nation.co.ke/news/Wage-crisis-The-facts-Uhuru-missed-/-/1056/2244836/-/akglemz/-/index.html Followed by a recent quip by Philip Kinisu, the new chair of the Ethics and Anti Corruption Commission. 30% state budget is what we lose to corruption! --then TSC complaining about a wage bills of teachers looks laughable! Ya. Patrick CBK Njoroge. He knows nothing about these figures, and silence is golden. Obama, Ndii, Kinisu or Rotich speaking, he has no opinion. Ahem, those were the days, when God expressed opinions -see the Old Testament! Let us go to Nigeria now and see how Buhari and his Godwin Emofiele are fairing. They got a cash crunch over there at Abuja too, but you wouldn't believe how much the people in government have stashed abroad for themselves! The General, if serious, has got a real war to fight. Nigeria will find out what he is made of.
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Post by jakaswanga on Mar 13, 2016 18:56:53 GMT 3
2. The Crusader General Buhari, if serious, has got a real war to fight. Nigeria will find out what he is made of. (over a period of how many years?). For a quick perspective of what $150bn is to Nigeria, let us lift a veil and take a hit The ($150bn) figure is about 30% of the rebased GDP; 55.5% of the earlier, undoctored GDP. And now: just how much again are the amounts Buhari and his finance minister, the sexy former London investment banker, Kemi Adeosun, have been peddling their rear quarters across financial capitals looking for? ---- It is like Al-Sisi's cash-strapped Egypt looking for a $5bn loan from the IMF while Hosni Mubarak and family has a cool $80bn in American and European banks. --The 30 something, impulsive and arrogant young Saudi deputy crown prince, the invader of Yemen, Mohammed bin Salman bin Abdul Aziz al-Saud, is said to have managed to hold his face straight when Al-Sisi called again for a $10bn largesse. 'Get your commandos to Eden, he ordered the Egyptian field Marshall. Earn it!' But life is never without its more comical moments: how come the technical staff at the ministry of finance missed a rendezvous with the directors of the CHINA EXIM BANK which, if you check the figures, rivals Shell in Nigeria? Considering that President Obama, lame duck he be, is now subscribed to helping Nigeria's Buhari trace $150 bn emebezzled in the last two decades and stashed abroad, I am beginning to show respect for VOODOO statisticians of Africa. When the chairman of the central bank of Nigeria, Lamido Sanusi, flagged down the administration which had appointed him for being a cartel of graft, the government declared him insane, biting the hands that fed him, and, discredited his math as voodoo stuff. Hardly two years later the voodoo stuff proves to be true --the Nigerian public always knew of course, and those who declared the whistleblower mad and mystic are the ones now to have been cooking books and practising fictitious math. All sums wrong. Which brings me to Dr. David Ndii. This rogue economist deserves the title voodoo statistician I think. If apparently -let us respect Mwai Kibaki here--- mavi ya cucu scum like Anne Waiguru, Aden Duale, Henry Rotich, Kamau Thugge and even the famous Singh, all combine to lambast Ndii's math as voodoo (while Patrick Njoroge holds his powder dry), then are my instincts ready to side with Ndii on the eurobond. Methinks when accountants with no mind to cook books later parade the financial wheelings and dealings of our GCG&Jubilee epoch, Ndii's current voodoo figures might turn out to be grainier in truth than the Rotich-Waiguru-Ruto truths of now. This is why, methinks, Patrick Njoroge is not keen to get into the mix. He is split: has to be loyal to 1. the profession, and 2. his political patrons. And these are in open conflict. Then like Achebe's voter who split the voting card because he had eaten from both candidates .... silence is golden ... To add insult to injury, I spied even the former King Prophet, Mutahi Ngunyi, professing the powers of the cartel running Kenya is Almighty like. Wherefore I concluded the struggling prophet is confessing he had been used as a laundry wheel in the Kibera NYS upgrade payout. His consultancy services there were not worth ksh. 60M and he knows it. He was just being paid out to kick back, and the combination of raw greed and fear of Keyser Soze sealed his fate. He could not say no. The prophet has fallen. To graft. (The degeneration of an oracle is itself a worthy story in its own right. I am thinking about an arrow of God by Chinua Achebe.)
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Post by jakaswanga on Mar 14, 2016 21:23:05 GMT 3
Let me put it like this. In Nigeria we have a President who shoulders the hope of a new dawn for his people, and by virtue of Nigeria being the African giant, he bears the burden of being the hope of the whole continent too. A leadership role. But I have news from the battlefield for the General, and they are harsh tidings. I bear the bloodied remains of Muamar Gadhafi's armour, and his blood-soaked uniform. The enemy claimed his skulp, and with blood-curdling abandon. Buhari may forgive me should i be found guilty of doubting him. This as they say, is no walk in the park. General Buhari must revise his mind, retool his strategie if he is to be worth a shot. 2. I love the fact that the Kenyan Treasury and Central Bank, boasts two minds who have been to the twin bests, Yale and Harvard. It wouldn't be for lack of mind that they would be found wanting in feat. Their brain power can be faced with, and ordered to grapple the most trenchant and ruthless economic problems of the continent. There is no need to pull punches, no need to patronise them. Reality must just test the forge of their calibre. Africa must give their heads the full load, and if their brains are found wanting, and melting in the heat, tough luck they got in the kitchen. After this post, I will go back to some regular jokes. Now lets us roll. 1. the Libyan Gold dinar, Gaddafi and Africa's liberation.From a purely economic perspective, Rotich of Njoroge, any takes? But here is an idea of other takes. Mof Rotich and CBK Njoroge, between them, have proudly worked for the IMF or her twin, the World Bank. As educated, as clever as they are, they must have a considered opinion. Is that amendment talked of up there a falsehood? Now General Buhari, is there any idea in your mind that ranks at that aptitude? African Economic Community. No, even Ecowas is heavy. Even the economic unity of Nigeria itself, with the East restive in secession -- MASSOB (Igbo); MOSOP (Ogoni), may already be an insoluble challenge to Buhari, the way the Kurdish problem is to Tayyip Erdogan of Turkey. ceasefiremagazine.co.uk/review-slouching-sirte-natos-war-libya-africa-maximilian-forte/ There is now a consistent body of documented literature, among others by Robert Wenzel , Canadian Professor Maximilian Forte, Alex Newman, Ellen Brown, Diana Johnstone which shed irrefutable light on why Libya had to be destroyed. Why was the irrigation system of Libya, and engineering wonder which had become to Libya what the Nile is to Egypt, and the Yang-Tze to China through the centuries, totally destroyed by American bombing and NATO allies? If one concludes a reputed tough, experienced, old and clean General like Buhari, and a host of brilliant academics and bureaucrats like Henry Rotich and Patrick Njoroge, are not in the picture in this kind of pan-Afric liberation agenda, then what rests is to treat them as little more than toys and pets. Gaddafi's death has become an intellectual holocaust throughout Africa. A wound festering deep and spreading. If you have not heard, smelt it, you will. That he was so horribly butchered on the watch of an American president tracing his origins to Africa is a detail to ponder too. Now let us go back to joking.
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