Operation Linda Jamii Petition Against Hustler Fund
Operation Linda Jamii has petitioned against the hustler fund.
According to their leader Fred Ogola the hustler fund needed to comply with the Public Finance Management Act and there is no allocation of 10B in the 2023-2024 budget.
“Our concern that Even the money that Govt says they had put into the hustler fund they have not put and trying to use depositors and shareholders of the private firms money to further Political agenda, not in compliance with Good corporate governance,” he said.
He said that the latest Statistics shows that there is a default of Ksh. 3 billion in 9 Months where the Linda Jamii Submitted a petition at the Supreme court Last year Calling for oversight and Accountability but President Ruto seems to have embedded Cotton wool in his ears.
“The Hustler Fund came as a campaign Promise like Manna from heaven, effectively killing youth fund, Uwezo and Women Enterprise funds, which at least had legal frameworks to protect them and that it has no legal backing. It is a phantom. It has no accountability system,” he added.
He said president Ruto’s administration has decided that politics is their business and they are now restructuring HELB, NHIF, Sugar Industry, they will move to NSSF, RBS that is why they want the court to set the right precedence.
“Remember when DP Chairman and Leader of Opposition Mwai Kibaki accused Moi/Kanu of stealing 180 billion of our taxes every year, we believed him because signs were all over. Even now signs are all over, believe me, we are losing 720 billion Every year under this administration,” Ogola noted.
He said Hustler fund is not isolated and it is another Talanta Hela that President Launched in fanfare, only for his besieged CAS to say in parliament the other day that it is yet to be launched, after UDA’s own deputy speaker Shollei raised the red flag.
“Hustler Nation is deception, the biggest scam we have ever seen in Kenya. Wool over our eyes. We will raise the red flags, but it’s upon the Honorable court to give direction.
He said its quintessentially, the said Hustler Fund, according to the Government of the Republic of Kenya through Dr. David Ndii, the Chairperson of the President’s Council of Economic Advisors is run and managed by some undisclosed private sector members despite the Government of Kenya expending public finances through supplementary appropriations under Article 223 of the Constitution of Kenya to operationalize the Fund.
“The running and management of the Fund by undisclosed private sector members is violative of Article 201 of the Constitution whose strictures are that public finance in the republic of Kenya is to be open, accountable and should entrench participation of the people of Kenya in financial matters,” he said.
He called on the Court to exercise jurisdiction conferred to it by Article 23(2)(c) of the Constitution and issue a conservatory order halting the further disbursements of the Fund in the opaque manner that it has been disbursed so far, so as to avoid the further infraction of the constitution, particularly constitutional principles on public finance.
“The lack of public participation in the delineation of the Members of private sector to manage and run the fund, an expenditure on public finance, worsens the infringements on the Constitution which this Honourable Court should exercise its authority in upholding the sacrosanctity of the Constitution,” he said.
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