A Civil Society group has moved to court seeking to suspend the disbursement of the hustler funds pending the hearing and determination of their application.
The group dubbed ‘Linda Ugatuzi’ and led by Professor from L-R: Stanslous Alusiola, Professor Fred Ogolla and Dennis Wendo from the Integrated Development Network says that the current government has violated the law by releasing the financial Inclusion Fund popularly known as the hustler Fund.
They say that this money was meant for contingency needs. This means it is money which should be used on citizens when they are in dire need.
“There is no obligation of giving it back and no one should pay until this case is heard and determined, “added Okello.
They say that the President of Kenya Hon William Ruto had promised during campaigns that if elected, he would ensure the provision of the hustler fund.
After assuming office, he has illegally sought to fulfill some of his campaign promises which included the formation of the said fund.
“What is illegal about this fund is that the government lends you money with interest and there is no office to visit if the deal goes wrong, “added Okello.
He claims that a Kenyan is being informed that they will be pensioners but are not informed when they want to claim their money where they would go.
Okello also contends that there are no bank accounts for Kenyans and there is no board for accountability and guarantee of continuity of the fund.
“Parliament has not been involved nor has the cabinet’s approval sought as to how the funds should be structured, “he added.
They say that there is hunger in the country and the government is allowed to take up a 10 Billion Constituency fund. But the government has taken 50 Billion to lend to Kenyans on empty stomach and leave them in more debts.
The applicants have raised over 15 concerns which they want the court to address that include the manner in which the fund operates as it has no known established office or entity.
Wendo on the other hand has said that Kenyans are being forced into forced savings without a defined interest rate.
“There was no competitiveness in choosing institutions like Safaricom, KBC etc,”he added.
The group is also raising questions as to when was the public appropriation for the allocation of the funds done.
They say that Kenyans Mpesa Pins are taken which makes it easy for them to be defrauded of other sources of funds.
“Technology platform vender is not closed, contrary to the Public Procurement and Disposal Act. Consequently, there is a big risk and data breach, ’added Wendo.
