Retired President Kibaki to Earn Sh2.8 Million Per Month Starting July
Retired president Mwai Kibaki is set to earn an average of Sh2.86 million per month in the next financial year, which begins on July 1st, 2020, according to reports.
Budget documents tabled in parliament by the National Treasury show that Sh34.43 million has been allocated to payment of Kibaki’s pension and perks in the 2020-2021 fiscal year, Business Daily reports.
This means Kibaki, who served as the country’s third president between 2002 and 2013, will pocket more than double of President Kenyatta’s Sh1.44 million monthly salary.
Similarly, Kibaki’s benefits will be higher than what top chief executives of State-owned companies such as KenGen, Kenya-Re, and Kenya Power earn per month.
The monthly pension of retired presidents is set at 80 percent of the current salary paid to the sitting President in addition to other benefits like fuel, house and entertainment allowance.
In 2015, taxpayers' cash amounting to Sh250 million was used to renovate Kibaki’s office block at Nyari Estate in Nairobi. The office block was acquired in 2013 by the government at a cost of Sh250 million.
An extra Sh500 million was spent on the building of Kibaki’s home on a 100-acre parcel of land in Mweiga, Nyeri County.
Comments
This is DayLIGHT robbery of…
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This is DayLIGHT robbery of Taxpayers' money; and has to stop. To you Okiya Omtatah!
And there are people out…
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In reply to This is DayLIGHT robbery of… by GUEST1 (not verified)
And there are people out there praising him when he is engaging in daylight roberry of kenyans from the day he became ex-president. Elected positions are not employment. Elected position is not a job. This pension nonsense needs to stop!
You picked my mind. After…
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In reply to This is DayLIGHT robbery of… by GUEST1 (not verified)
You picked my mind. After reading the story, my mind went to Omtata as the immediately help...just to find you saying the same. HONESTLY, Kenyans need to do something... this is broad daylight ROBBERY WITHOUT VIOLENCE.
God help us Kenyans to wake up and fight for ourselves...fight for our kids and their kids that are being enslaved in poverty and international DEBT. God have mercy.
But they are forcing poor…
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But they are forcing poor kenyans on forced quarantine to pay for pathetic accommodations, this stuff will end one way, haiya
This should stop immediately.
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This should stop immediately.
this is just disgusting to…
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this is just disgusting to even read! let them continue stealing for their kids (since his ass is old and don't need any more money) while poor people's kids continue to suffer, sleeping outside because the fk'n government demolished their homes during a pandemic! haki this leaders are crazy!!!!!! #wanjingasisi
Retired presidents only need…
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Retired presidents only need security. Hii ingine ni wizi wa mchana kucha.
Uhuru is preparing for his…
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Uhuru is preparing for his soft landing.Forko shembe nyinyio !!!!
Put another way, he makes 60…
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Put another way, he makes 60% more than a retired US President who was in charge of an economy well over 200 times larger and in a place where the cost of living is similarly inflated. I'm curious how these figures were arrived at. So Kenyans may be stuck paying these obscene amounts for Uhuru for 40 years. Not to mention his successors, the DPs successors, the MPigs and their successors the senators and their successors, up down to the counties. Kenya cannot sustain this payroll bill for long.
President Kibaki should…
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President Kibaki should reject these handouts as government wastage. He ought to be all set with what he collected since his cabinet minister days during the first Kenyatta's government. I doubt that Kibaki is asking for these things- am afraid they may be using him to set aside all these funds which they can later snatch for themselves (thro panya routes) when no one is looking. Kibaki was likely the least corrupt government official in Kenya's history and no one should use him for selfish and corrupt gains.
Sickening..
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Sickening..
Retired presidents,retired…
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Retired presidents,retired VPs and their wives none of them should get a single penny from the govt. But remember this is Kenia where only a revolution will set it's people free the rest we are just keyboard warriors...lol
No public servant should…
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No public servant should make more than 5 times the national poverty rate. That should encourage them to improve and take this country out of its impoverished state.
Why should a retired…
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Why should a retired president continue earning when he has stolen enough during his presidency.Kemri is broke can not afford basic masks and gloves.Patients are chained to their beds when they cannot afford to pay and these retired mpigs are being paid just for existing beyond their presidency?
This is a crime. Why are the…
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This is a crime. Why are the taxpayers forced to pay for these fat cats? They have enough stolen loot already. This is sickening!!!!! Poor Kenyans.
With all the properties he…
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With all the properties he owns nyeri green hills hotels,nyeri golf club resorlt ,white rino hotel nyeri,nairobi mountain view hotel exectra exectra?????????!!!!! No wonder kenyans work at Ncbd lunch time they can't afford they sleep at Uhuru park to be seen they had gone out for lunch I'm disappointed to be a kenyan
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