One may be forgiven for imagining that Kibaki’s administration is jinxed to serial economic frauds. In the last three months, fraudulent deals hitherto cemented before last year’s elections are continuously being exposed. From the bar-talk-never-sold-actually-sold-above-board Grand Regency to the stinking Rift Valley Railways. The RVR is promising to be GRANDER than Goldenberg and Anglo Leasing before it. Leaves you wondering whether any asset sitting on asset Kenya will be left standing by 2012.
With enterprising Libyans shamelessly reading riot act at DULY ELECTED in his own backyard, we may as well consider ourselves collective squatters in our own country. The breakneck speed at which everything Kenyan is being nationalized (nay auctioned) smells everything except honest privatization. The players are so smart in taking advantage of the imperial presidency and state law offices such that no legal lose end is left. Any administration in the future trying to recover or retrace any of these mega scams will be permanently entangled in legal webs with all manner of serial constitutional references.
The rate at which fraud is popping at every crevice in Kibaki’s administration is proof enough of how elaborate the scheme to auction Kenya has been. But trust fraud and deception to hit back in vengeance as evident in the turmoil in Safaricom shares. While pedestrian economists gloated about their acumen to make a killing during the IPO, they will remain blind to the dead end of the path they chose. But again those asking pesky question in a room full of the smell of money have been derided as the epitome of lazy bones. Let industrious Kenyans reap the maggots hatching from the eggs they zealously bought and protected.
Wages of economic sin
So how many fires can a regime start and fan in a single term of office? It appears while Moi was ruining Kenya, the present vultures were salivating, scheming and bidding their time. It took Moi more than two decades to bring us to our knees. Contrast that with the monstrous looting in less than six years and you get DECEPTIVE INDUSTRY redefined. The Grand Coalition must be the Achilles heels to the smooth looting highway that has seen elite looters cruising at formula one speed in the last five years.
The present power elite have economics as their stock in trade and Kenya as the collateral. But despite this mad rush to primitive wealth accumulation at the expense of the rest of Kenyans, the evil schemes will come back to haunt their perpetrators. They may rape Kenya to her bare bones but the sins will definitely catch up with them in the long run. They will be made to pay for the numerous crimes they committed as collateral in pursuit of economic might. This may take time in years but as sure as the sun rises in the east these scoundrels will pay big time in the fullness of time.