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Hustler Fund Is A Fraud, No Approval By Your Cabinet, Otiende Amollo Tells President Ruto

Rarieda Sub-County Member of Parliament Otiende Amollo has reacted to President William Ruto’s Hustler Fund.

In a statement on Sunday, Otiende said that that the President should keep his promises, saying that the Hustler Fund is a fraud. No approval by Ruto's cabinet, not approved by Parliament or High and legal interest rates.

"The Hustler Fund is a Fraud No Approval By Ruto Cabinet, No Approved Budget By Parliament, No Approved Legislation Or Regulations; High and illegal interest Rates, Retained Savings In Private Pockets, illegal Threats To Defaulters W and O Legal Backing, These Things Need Reflection," he said.

Otiende Amollo and Sifuna is among the Azimio leaders who have poked holes into the Sh50 billion Hustler Fund saying it is not what Ruto promised Kenyans during electioneering period.

Otiende claimed that Hustler Fund does not portrays what President Ruto promised to voters.

President Ruto launched the Hustlers Fund at the Green Park terminus in Nairobi on Wednesday.

The fund is aimed at providing affordable loans to Kenyans who own informal businesses and is accessible through a USSD code or a mobile phone application.

Content created and supplied by: allay (via Opera News )

Hustler Fund Otiende Otiende Amollo Rarieda Ruto

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