Kenya finance mininster under fire

  1. Posted on Thursday 3 July 2008 - 11:34
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    Dennis Itumbi, AfricaNews reporter in Nairobi, Kenya
    Kenya's Grand Coalition Cabinet meets for the third time this year with an urgent brief to deal with - discuss the sale of Grand Regency Hotel whose disposal has been on the public spotlight over a suspected corruption related deal.
    Raila_Odinga_Evans
    The Five Star Hotel was sold to Libyans in a disposal that has come to the public since the hotel was under receivership for the last decade.

    Kenya Finance Minister Amos Kimunya maintains that the sale was above board, but a cabinet sub-Committee led by the country's Attorney General Amos Wako Wednesday returned a verdict of more investigations needed, but demanded the resignation of Kimunya, the National Intelligence Boss, The Central Bank Governor and one more officer whom they say "need to pave way for further investigations."

    In Parliament, Kimunya got little support even from members of the inner circle of President Mwai Kibaki as politicians sought to pass a motion of no-confidence on the matter.

    Kimunya's attempt to table his resume while at the Treasury, he was shot down by legislators who told him to the fcae, "don't try to table a CV to us, if some of us present our resume you will be shocked."

    As cabinet meets Thursday morning, Kimunya will be under pressure to resign on a matter he says, "I briefed everyone from the Attorney General, to the Prime Minister and all other players."

    Kimunya is a blue-eyed politician,who has risen through the political ranks becoming a Finance Minister on his first term in parliament.

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