Opinion
Saitoti was a victim of the Goldenberg schemers; court records are ample proof
Posted Tuesday, June 26 2012 at 19:17
But on Paragraph 589, the Bosire Report states: “Hon Mudavadi became Minister of Finance on or about February or March 1993 and replaced Hon Saitoti”.
This is not oversight, not reckless drafting of a very important national document. This is a deliberate peddling of falsehoods against Prof Saitoti.
It was under Mr Mudavadi’s watch that Sh5.8 billion was withdrawn from a Central Bank Account at KCB “by prescription”; a piece of handwritten paper signed by the then PS in the Treasury.
Anybody who believes this transaction happened without the Finance minister’s intervention does not know how government works.
Anybody who believes such a colossal sum can be withdrawn from a State account without the express authority from the President is beyond naïve.
Mr Ngugi is a consultant in public affairs and policy.



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