Kenya’s Cupboard Secretary Nominee Pushes Again Towards Default Allegations – #information
“We shouldn’t be a rustic that ought to stroll into the defaulting mode,” says Musadia Mudavadi, a nominee to develop into Kenya’s new Cupboard Secretary. Mudavadi dedicated himself to fulfill Kenya’s obligations amid allegations that Nairobi defaulted on repayments for its Normal Gauge Railway loans in June, resulting in a $10.8 million penalty.
These claims had been revealed in a report by the Kenyan newspaper Enterprise Every day, which circulated paperwork it stated proved that Kenya fell behind on mortgage servicing. Kenya’s Treasury Secretary Ukur Yatani rejected the allegation however didn’t present competing paperwork to show his argument that Kenya hasn’t missed a mortgage reimbursement in many years.
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