Kenyatta's 2006 Warning on Contractor-Financed Projects Resurfaces in 2013 Dam Deals

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Nyakundi Report

Newsroom 1 min read

In March 2006, Uhuru Kenyatta, then-chair of the Parliamentary Public Accounts Committee, condemned 18 Anglo Leasing contracts valued at Sh55 billion as emblematic of corruption through impunity, negligence, and mismanagement of public funds.

The deals, approved during Daniel arap Moi's presidency amid donor funding suspensions, involved supplier financing where contractors secured lease agreements to supply state projects. This system resulted in overpriced contracts, many of which remained undelivered while the government paid financiers.

Kenyatta accused the Kanu party of orchestrating the scheme, stating it created a

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