Uchumi fall: Govt says has enough evidence to press charges
What you need to know:
- He said the question of moral hazard will be fully and properly addressed adding that the money going into Uchumi comes from the hard-earned taxes of Kenyans.
The government has said it has gathered enough evidence to push charges against those who mismanaged Uchumi Supermarkets’ assets.
State House spokesperson Manoah Esipisu Sunday said the Cabinet Secretary believes sufficient evidence is now available to bring justice to those responsible for the fall of the store.
“Enough evidence has been gathered to press charges against persons who may have mismanaged its cash and assets. Ladies and gentlemen, there will be accountability,” said Mr Esipisu.
The Cabinet he said is keen to address the question of moral hazard properly adding that the money going into Uchumi comes from the hard-earned taxes of Kenyans.
“One way to do that is to ensure that there are consequences for past misuse. That’s why I want to be clear today: there has already been a forensic audit of Uchumi.”
The Cabinet is expected to this week address the proposed injection of Sh1.2 billion into the floundering retailer.
