Uhuru's UAE Loan

Opposition leader Raila Odinga has raised a serious question over Uhuru’s UAE Loan.

Raila said the Sh28 billion loan from the United Arab Emirates was a bribe from its Aviation Hub Company to President Uhuru’s administration to secure the contract of managing the second container terminal in Mombasa.

Raila raised this question during a conference in Mombasa on Sunday.

Speaking during the conference, Raila challenged President Uhuru Kenyatta to tell Kenyans the truth about the alleged Sh28 billion bribe his government had received in form of a loan in order to sway the contract in favor of the United Arab Emirates Company, DP world.

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In his official facebook page, he wrote:

“A whiff of corruption hangs over the KSh 28 billion so-called loan from the United Arab Emirates as it leaves more questions than answers. We are here to seek very specific answers from none other than the president of the republic of Kenya Mr. Uhuru Kenyatta.”

He also added that the concession loan was a bribe since the appointed operator from UAE was beaten by more than ten international port operators in a competitive tender process yet it was handpicked to handle the operators in the container terminal.

The Orange Democratic Movement leader also claimed that a Chinese consortium – PSA International – which had partnered with a local group, multiple Hauliers, won the tender.

Recall, the second container terminal was funded and built by the government of Japan. UAE later acquired the second container terminal and now appointed Dubai company, DP world to manage the contract even after they had been beaten by more than ten international port companies.

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This is what had led to the heating controversy between Uhuru’s led administration and the opposition. Thereby seeing clarity in what transpired.

Previously, in October 2016, the Kenyan government signed a bilateral agreement with UAE, after which the UAE agreed to lend Kenyan Government Sh28 billion.

The government had earlier said the Uhuru’s UAE Loan will be used to enhance the efficiency of the second container terminal as well as the development of Kipevu oil terminal.

Accompanied by Taita Taveta Governor John Mruttu and his Mombasa counterpart Hassan Joho and Amason Kingi, the leaders called for a truce in terms of payment of the loan and clarification on why it was a better deal than what the country would have secured from other institutions.