(KDRTV)-The Orange Democratic Movement (ODM) party is now demanding ksh. 7.7 billion debt from President Uhuru-led administration
This was after the ODM party released its financial statement for the year that ended June 30
The Raila Odinga-led political party verified the receipt of Kshs. 1.6 billion from the government, donors, and public contributions for the published period under review
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According to the statement released by the party, Ksh. 304 million was used for administrative purposes, financial costs, branch support, campaigns, civic education, conferences, and advocacy for the political parties and advocacy expenditure
As of June 30, KDRTV understands that the government was yet to disburse Ksh. 7.7 that killed up from 2011 as a segment of political parties fund
ODM secretary-general Edwin Sifuna took to Twitter to reveal that the National Treasury had disbursed Ksh 200 million only and that is still owed the ODM party billions
“The debt owed to ODM party by treasury now stands at KSh 7.7 billion. This financial year Parliament allocated KSh 200 million only towards settlement of the debt,, meaning it will take close to 40 years to pay up at that rate fully!” he lamented.
ODM has since moved to court to compel the treasury to clear the pending bills
The ODM complained that the Treasury has been disbursing Ksh 100 million for over four years from 2011 to 2016, contrary to the law’s figure.
The debt owed to @TheODMparty by treasury now stands at Kshs. 7.7B shillings. This financial year Parliament allocated 200M only towards settlement of the debt meaning it will take close to 40 years to fully pay up at that rate! pic.twitter.com/EAX93VBsMh
— Edwin Sifuna (@edwinsifuna) September 29, 2020
However, Three Justices Otieno Odek and Daniel Musinga decided that the Treasury to pay the money backdated to November 1, 2011, until the arrears were cleared
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“The appellant is entitled in arrears to all monies due pursuant to Section 25(1)(a) of the Political Parties Act from the financial year subsequent the effective date of the Act i.e. arrears from the 2012/13 financial year,” the judges ruled.
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