Sacked youth fund CEO Catherine Namuye
Anne Waiguru’s hand-picked CEO Catherine Namuye has been designated as a person of interest in Parliament’s Special Inquiry into Allegations of Fraud and Financial Mismanagement at the Youth Enterprise Development Fund (YEDF).
We have decided to highlight this report as this is money directly meant to support young people in Kenya, but was instead diverted into people’s pockets for personal gain. People who aren’t even youth’s. Reason why President Uhuru Kenyatta has lost the trust of young people because he reneged on his every pledge and watched as the line ministries meant to empower youth, obliterated the funds allocated to them.
Parliament has recommended that Catherine Namuye is charged and prosecuted for failing to ensure that procurement procedures were followed in the alleged provision of ICT Consultancy Services where Quorandum Ltd., was awarded over Kshs. 180 Million for supplying air.
In very strong language, Parliament singled-out Catherine Namuye for her gross acts of omission and commission with an intention to defraud the fund. The purported ICT contract was a well-crafted and jointly planned scheme by Catherine Namuye and Mukuria Ngamau,
That Catherine Namuye also be charged for the cancellation in the YEDF 8th Anniversary event which was to be held in March 2015 at the KICC, where the Fund fraudulently paid approximately Kshs. 44,741,603.00 purportedly to various contracted suppliers for the canceled event.
Parliament also recommended that Catherine Namuye be barred from holding public office ever in her life, considering the gravity of the economic crimes she committed by defrauding YEDF and overseeing the general mismanagement of the institution whose main purpose is assisting youth to uplift themselves by way of interest-free loans.
Not to be left behind is President Uhuru Kenyatta’s former deskmate Bruce Odhiambo who personally selected and instructed the YEDF management to acquire a vehicle for him, Toyota Lancruiser VXL registration number KBZ 753D at a cost of Kshs. 12,615,448.00. The said vehicle was misused by Bruce Odhiambo leading to the fund incurring a further Kshs. 806,914.65 in fuel and general maintenance costs.
On handing back the vehicle to YEDF, it was sent back to Toyota Kenya for further assessment at the advice of the Government’s Chief Mechanical Engineer. Parliament further ordered that the Inspector General of State Corporations and the acting CEO of YEDF should surcharge Bruce Odhiambo Kshs. 1,034,014.65 for the misuse.
Parliament further instructed EACC’s Halakhe Waqo and DCI’s Ndegwa Muhoro to immediately charge for money laundering under Section of the POCAML Act 2009 Cap 59B for receiving money from Mukuria Ngamau, and benefitting from proceeds of crime, further directing that the Assets Recovery Agency move with speed and institute a confiscation order and proceed to recover the said monies from Bruce Dominic Odhiambo.
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