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Mystery of Sh164bn smuggled into Kenya ($Billions)
Nairobi Sunday Nation, Kenya ^ | May 20, 2010 | JAINDI KISERO

Posted on 05/23/2010 8:39:51 AM PDT by Natural Born 54

A massive Sh164 billion in hard currency has found its way into the Kenyan economy — and the government is unable to explain its source.

The $2.1 billion inflow has left government statisticians and donors scratching their heads for answers, fuelling concerns that Kenya may be turning into a money laundering destination by Somali pirates.

The large foreign currency injections are captured in the latest balance of payments statistics published by the Central Bank of Kenya.

(snip)

Having risen to $2.1 billion, the current level represents a massive 100 per cent increase within a year. The mysterious billions are over and above the combined last year’s export earnings from coffee, tea and horticulture. As a matter of fact, the line ‘errors and omissions’ has grown into the single largest item in the economy’s balance of payments statistics.

(Excerpt) Read more at nation.co.ke ...


TOPICS: Business/Economy; Crime/Corruption; Extended News; Foreign Affairs
KEYWORDS: birthcertificate; economy; kenya; naturalborncitizen; obama
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To: Natural Born 54

http://www.freerepublic.com/focus/f-news/2553752/posts


51 posted on 07/16/2010 1:53:58 PM PDT by Dubya-M-DeesWent2SyriaStupid!
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Bookmark


52 posted on 07/16/2010 1:59:52 PM PDT by Velveeta
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To: Dubya-M-DeesWent2SyriaStupid!

Got it. LOL (M-Dees)

So, what do you think of DubyaMDees for short? It has a ring to it.


53 posted on 07/16/2010 2:20:53 PM PDT by 444Flyer
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To: 444Flyer

Somebody already has the screen name I kinds stole it and added to it.

http://www.freerepublic.com/focus/f-news/2553698/posts

103 here

http://www.freerepublic.com/focus/f-news/2528929/posts

So call me tater salad I mean Dub


54 posted on 07/16/2010 2:42:16 PM PDT by Dubya-M-DeesWent2SyriaStupid!
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To: Dubya-M-DeesWent2SyriaStupid!

Dub was my second choice, but Tater Salad is a close third now.;-)

...However, nobody would be able to take you to a picnic and leave you sitting out too long with that name.


55 posted on 07/16/2010 4:20:05 PM PDT by 444Flyer
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To: GOPJ

The money spent would be worth it if BO went with it. But seriously, I think D.C. is occupied by crooks (and that’s not their worst feature) and the money probably came from the U.S. Treasury.

One day (soon I hope) enough people are going to decide that election to an office does not equate to having a free hand. That bastard is guilty of grand larceny, fraud and most of all, treason. Ditto the entire Dem party.

When is enough, enough? When November comes and the Dems screw so badly with the election that they all remain in office. What happens in response to that will determine whether Americans will ever again live in a free country.


56 posted on 07/16/2010 7:55:57 PM PDT by Natural Born 54 (FUBO x 10)
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To: DCPatriot

I read yesterday that it was Barack who sent the money. It may have been on World Net Daily.


57 posted on 07/17/2010 6:08:46 AM PDT by Piquaboy (Military veteran of 22 years in Navy, Air Force, and Army.)
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To: ExTexasRedhead

Thanks for the ping. This needs to be researched.


58 posted on 07/17/2010 11:05:07 AM PDT by callisto (It's the three T' s: Too Many Taxes, Trillions in Debt, and Transparency)
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