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    Home ยป Ruto Renews War On Cartels Over Ksh 117B Debt
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    Ruto Renews War On Cartels Over Ksh 117B Debt

    ianBy ianOctober 8, 2023No Comments2 Mins Read
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    Ruto Renews War On Cartels Over Ksh 117B Debt
    Ruto Renews War On Cartels Over Ksh 117B Debt
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    Ruto Renews War On Cartels Over Ksh 117B Debt

    President William Ruto has pledged once more to pursue the barons he accuses of crippling operations at state-owned sugar factories throughout the country.

    During his development tour of the Luo Nyanza region, the Head of State lamented in Uriri, Migori County, that many farmers have not been paid despite delivering cane to the mills years ago.

    According to Ruto, the sugar oligarchs are accountable for the mismanagement of funds at the sugar mills, which has resulted in a Ksh117 billion debt for the companies.

    The head of state questioned why farmers have not been compensated despite the fact that previous administrations spent billions to pay off debts and compensate farmers.

    Despite the numerous court cases challenging the government’s reforms, the Head of State pledged that the government would crack down on the sugar barons.

    Ruto implied that it is illogical for sugar oligarchs to remain unpunished, given that they have crippled sugar companies and deprived farmers of their rights.

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    “They have been taking us to court because they are used to stealing from us. We cannot continue keeping public money in a hole. Give me a chance to deal with these culprits.

    “I must be hard on these people. These people, mambo yao ni matatu. The business of taking government money to pay farmers cannot be done any more,” he stated.

    On the other hand, he disclosed that the government intends to collaborate with the private sector to revitalize the sugar companies.

    President Ruto maintained, despite this, that the state-owned sugar companies will not be privatized.

    Ruto reassured farmers that their concerns would be prioritised in the leasing program, guaranteeing prompt payment for cane deliveries.

    “After paying the debt we are going to advertise so that we have a leasing programme. There is nothing like privatisation. We will talk about how to have new equipment and make the factories better,” he added.

    A photo of the entrance gate to Mumias Sugar Company.

    Ruto Renews War On Cartels Over Ksh 117B Debt

    WILLIAM RUTO
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