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national assembly finance committee

ECONOMY-FINANCE

Equity Finally Sets the Record Straight, Reveals Aydin's Relationship With the Bank

The Equity bank has finally set the record straight on the alleged link between Ruto's Turkish aide Harun Aydin in the15 Billion loan saga. Earlier on, Members of Parliament summoned the Equity Chief Executive Officer over Harun's alleged loan linked to the Dp's phone call.

  4 months ago ago
Equity Finally Sets the Record Straight, Reveals Aydin's Relationship With the Bank

POLITICS

Gladys Wanga And Colleagues Expose '48 Hour Trick' That Cartels Use At Ports To Pocket Billions

Events that culminated in yesterday’s decision by parliament to reduce fuel prices through getting rid of the extra charges imposed on the commodity didn’t come easy. The National Assembly Finance Committee did a lot of digging below the surface. More and more details about the ingenious tactics that government officials use to fleece taxpayers and ultimately cause high fuel prices came out.

  3 months ago ago
Gladys Wanga And Colleagues Expose '48 Hour Trick' That Cartels Use At Ports To Pocket Billions

POLITICS

Petroleum Products And Amendment Bill 2021 Out

A week after the National Assembly Finance Committee tabled its report on pump prices, the Petroleum Products' (Taxes & Levies) Amendment Bill 2021 is out. The latest developmengovernment comes few days after the government reviewed the taxes and levies on the petroleum Products in the country.

  3 months ago ago
Petroleum Products And Amendment Bill 2021 Out

ECONOMY-FINANCE

MP in trouble for tricking the president into signing the wrong Finance Bill 2020

Kipkellion east MP Joseph Limo is in hot soup for sneaking in the betting amendment into the finance bill 2020 that the President recently signed into law.  Treasury CS Ukur Yattani has written a letter to the Amos Kimunya, the National Assembly Majority Leader, requesting quite a number of amendments the government wanted to implement. The amendments included zero VAT rating on Maize and maize, adding tax on Liquefied petroleum gas, more tax on helicopters and removing VAT on solar panels. In November 2019,

  1 year ago ago
MP in trouble for tricking the president into signing the wrong Finance Bill 2020

POLITICS

Deputy President Dr William Ruto In A Tight Corner As This Sad News Emerge

The Equity Bank has finally cleared the air on Ruto's Turkish aide Harun Aydin's suspected role in the $15 billion loan issue. PHOTO /COURTESY Members of Parliament had already summoned the Equity Chief Executive Officer in connection with Harun's alleged loan related to the Dp's phone call.

  4 months ago ago
Deputy President Dr William Ruto In A Tight Corner As This Sad News Emerge

ECONOMY-FINANCE

Kipkellion East MP Joseph Limo in Trouble Over Betting Taxes Change in The 2020 Finance Bill

Kipkellion east MP Joseph Limo is in hot soup for sneaking in the wagering change into the fund bill 2020 that the President as of late marked into law.  Treasury CS Ukur Yattani has composed a letter to the Amos Kimunya, the National Assembly Majority Leader, mentioning a lot of revisions the administration needed to actualize.  The changes included zero VAT rating on Maize and maize, including charge Liquefied oil gas, more duty on helicopters and evacuating VAT on sun based boards.  In November 2019, the

  1 year ago ago
Kipkellion East MP Joseph Limo in Trouble Over Betting Taxes Change in The 2020 Finance Bill

ECONOMY-FINANCE

Relief as MPs Reject Yatani's Proposed Taxes Saying It Would Give Burden To Kenyans

In the draft revisions made to the Finance Bill 2021, they dismissed the CS intend to raise Value Added Tax (VAT) without their info The CS regretted that looking for MPs' endorsement deferred the authorization of expense changes. Yatani endured another blow after the legislators further dismissed his proposed VAT charges on bread, flour and a 15 percent charge on the acquisition of cruisers.

  6 months ago ago
Relief as MPs Reject Yatani's Proposed Taxes Saying It Would Give Burden To Kenyans

POLITICS

"Asijaribu Kubeba Watu Kimaembe..." Gladys Wanga Takes on Ruto After Equity Contradicts the Dp

The Homabay county women rep, Hon Gladys Wanga has broken her silence hours after Equity bank disowned Ruto's Turkish aide Harun Aydin. Equity bank's Managing Director clarified that the agency has no links with Aydin and he does not hold any account with the bank, neither has Equity lended him a loan.

  4 months ago ago

ECONOMY-FINANCE

Equity Bank Reveals The Link Between Harun Aydin And The 15 Billion Loan Saga

The Equity Bank has finally cleared the air on the alleged connection between Ruto's Turkish aide Harun Aydin and the 15 billion loan saga. Members of Parliament had earlier summoned the Equity Chief Executive Officer in connection with Harun's alleged loan linked to the Dp's phone call.

  4 months ago ago
Equity Bank Reveals The Link Between Harun Aydin And The 15 Billion Loan Saga

ECONOMY-FINANCE

Equity Bank Denies Giving 15 Billion Loan To Turkish Friend Of Ruto, Harun

The National Assembly Finance Committee chaired by Homa Bay Member of Parliament Gladys Wanga summoned Equity Bank managing director to question them over the alleged Ksh 15 billion loan they were offering to Harun Aydin, DP Ruto's Turkish ally. Equity CEO Mr James Mwangi was supposed to face this committee but Gerald Warui represented him and revealed some shocking details about the 15 billion loan.

  4 months ago ago
Equity Bank Denies Giving 15 Billion Loan To Turkish Friend Of Ruto, Harun

ECONOMY-FINANCE

Equity Bank Denies Giving the Turkish Man Harun Aydin a 15 Billion Loan

Equity bank has denied ever giving sh 15 billion to the Turkish national, Harun Aydin. The banks managing director Gerald Warui on Wednesday told a parliamentary committee the bank does not have any banking relationship neither does he have a loan with us. Warui said on Wednesday.

  4 months ago ago
Equity Bank Denies Giving the Turkish Man Harun Aydin a 15 Billion Loan

ECONOMY-FINANCE

William Ruto in trouble again

Equity bank now says they do not have a customer named Harun Aydin, denying to have loaned him 15 billion. previously, Deputy president William Ruto claimed he called the bank to help Aydin to get a loan to invest in Uganda, a transaction he said was successful.

  4 months ago ago
William Ruto in trouble again

POLITICS

How Mp Was Punished For Changing Cabinet Secretary Fred Matiangi Betting Laws.

According to report from local news on Saturday July 4, few days after President Uhuru Kenyatta signed into law the financial bill 2020 which dropped the 20% exercise duty on betting firms. The government soon realized that they were shortchanged into amending the betting law imposed by interior cabinet secretary Fred Matiangi. Dr Fred Matiangi and and Treasury chairman Ukur Yattani announced plans to reintroduce betting firms to the country. However, the amendment law caused upset in the government. Kipkellion

  1 year ago ago
How Mp Was Punished For Changing Cabinet Secretary Fred Matiangi Betting Laws.

POLITICS

Ichungw'a Dares Kanini Kega To Allow Him Do This On Live TV

Vocal Tangatanga MP Kimani Ichungw'a has vowed to take amendments to the 2021/22 budge estimates. Ichungw'a said that the budget that was read by CS Akur Yatani has nothing for Wanjiku and if given a chance he will make necessary changes. The kikuyu Member Of Parliament was speaking at Inooro TV Kiririmbi Show alongside Kieni Member Of Parliament Kanini Kega, who chair National Assembly Finance Committee.

  7 months ago ago
Ichungw'a Dares Kanini Kega To Allow Him Do This On Live TV

POLITICS

Politician Allegedly Accused To Be Part Of The KEMSA Scandal Says The CEO Should Take Responsibility

Yesterday, on 31st August, President Kenyatta ordered MOH to make public all contracts undertaken by the scandal-riddled KEMSA.The President essentially went back to his Executive Order on procurement of public goods,works & services by public entities that appear to have been ignored by public offices Gladys Wanga recently Demanded an Apology From Khalwale For Linking Her To Kemsa Scandal Khalwale revealed that Suna East Member of Parliament Junet Mohamedand Homa Bay Woman Representative Gladys Wanga were

  1 year ago ago
Politician Allegedly Accused To Be Part Of The KEMSA Scandal Says The CEO Should Take Responsibility

ECONOMY-FINANCE

Kenyans To Pay More For Cooking Gas Refiling Price

Kenyan families may be forced to pay more for cooking gas after public authorities report that it will implement the 2020 Finance Bill.The bill, proposed by the National Treasury, provided leverage petrol (LPG) from payment excluding goods and once again introduced a 14% charge of shortened gas value.

  9 months ago ago
Kenyans To Pay More For Cooking Gas Refiling Price

POLITICS

Senator Ledama's Appeal to Kenyans on Madaraka Day not Welcomed by Many

As the Madaraka Day celebrations were going on, Senator Ledama asked Kenyans to read the Finance Bill 2020 and give their comments before it is signed into law. In his statement, Ledama stated that if the bill was passed the price of some basic commodities like electricity was expected to go up by 14%. “Things are really tough. My appeal to State House Kenya National Assembly Finance Committee Yatani is to explain to Kenyans the real impact of the Finance Bill 2020. Kenyans I beseech you to read the bill

  1 year ago ago
Senator Ledama's Appeal to Kenyans on Madaraka Day not Welcomed by Many

POLITICS

Former Senator In Trouble For Linking ODM Legislator In KEMSA Scandal

Former Kakamega Senator, Boni Khalwale is once in deep trouble after accusing the vocal Homa Bay Woman Representative, Gladys Wanga for being part of KEMSA corruption scandal. Gladys Wana through her lawyer has since sent a letter to the now fierce DP Ruto supporter demanding him to withdraw his defamatory statements against her and consequently compensate her for ruining her reputation within one week. The Homa Bay Woman Representative claimed that the former lawmaker uttered the words on 8th of August 2020

  1 year ago ago
Former Senator In Trouble For Linking ODM Legislator In KEMSA Scandal