Ultimate cost of graft: what can Ksh.12B do for Kenyans?


Kenyan shilling
Money

In Summary

  • The total amount of money lost can be divided into Ksh.256 for each of the 45 million Kenyans.
  • Ksh. 12B can also buy two packets of maize flour and two bundles of spinach for every citizen.
  • If residents of a village with 1,000 people spent Ksh.1,000 daily, they can live on the Ksh.12B for 32 years.

Government officials are at pains to explain the latest corruption scandals that have increased in number.

Taxpayers have reportedly lost an estimated total of about Ksh.12billion from the scandals.

State officers at the National Youth Service (NYS), the National Cereal and Produce Board (NCPB), Kenya Power and Lighting Company (KPLC) and the Youth Fund are linked to the graft cases.

Citizen TV analysed the cost of the scandals as follows:

The total amount of money lost can be divided into Ksh.256 for each of the 45 million Kenyans.

Ksh. 12B can also buy two packets of maize flour and two bundles of spinach for every citizen.

Ksh.12B divided into Ksh. 1,000 notes would weigh about 12 tonnes; this then means it would take 12 pick-up trucks to move the money from Central Bank to Limuru.

If residents of a village with 1,000 people spent Ksh.1,000 daily, they can live on the Ksh.12B for 32 years.

The money can fund nearly the entire geothermal development that is allocated Ksh.11.9billion.

It is also enough to run Turkana County which has been allocated Ksh.10.7billion for a whole year.

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