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December 16, 2019 - 11:15
Cyprian Is Nyakundi

Donor Fraud: How World Bank Funds Are Diverted To Personal Pockets

Felipe Jaramillo; World Bank’s Country Director for Kenya

Hello Cyprian,

Hoping you are good.

There is this project sponsored by the World bank, known as Kenya Youth Employment and Opportunities (KYEOP), where youths are trained through National Industrial Training Authority (NITA) while others who applied for Business Grants are to be given the Kshs. 40k grant in two installments.

Now imagine the applications are done in cycle, 1, 2 and 3 in various selected counties.

However, my concern is that the grants beneficiaries haven’t received any cent right from cycle one, maybe few lucky ones.

Now the KYEOP and MSEA (a component in the program) are advertising for cycle 4 applications yet even the grants for cycle 2 have not been paid.

These people are conning us youths by withholding funds meant for our empowerment.

Every time they say be patient, we will pay by end of April, May, now we are in June.

Nothing has been paid..

May you kindly highlight this issue, someone is getting rich on youths funds.

cnyakundi.com says

There’s a lot of corruption in this and such funds.

We will soon unleash how the rogue local banks have been swindling Kenyans through Hunger Safety Nets Funds, Funds for the elderly, Funds meant for Orphans and Vulnerable Children, Funds for the disabled and Funds meant for youths.

The problem is that the donors know these but are not confronting the issue lending absolute credence to the truth laid bare in the book, ‘Confessions of an Economic Hitman’, by John Perkins.

Stop these thieves!

These scandals run deep.

Stinks to high heaven.

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