A United Kingdom global markets organisation has predicted the possible impeachment of Deputy President William Ruto before the end of the year.
London based IHS Markit, which provides global markets information to investors, released a report warning investors of damning repercussions should Ruto be forcefully impeached.
According to Chris Suckling, senior analyst, Africa Country Risk at IHS Markit, the DP was unlikely to survive the lifestyle audit ordered by President Uhuru Kenyatta.
According to Pulse Kenya, Suckling revealed that President Uhuru was already working on marshaling the two-third parliamentary majority necessary to effect the impeachment.
The risk analyst cited Uhuru’s recent unity deal with Opposition leader Raila Odinga as part of the plan to get rid of Ruto.
Recent tantrums by Ruto’s point men led by National Assembly and Senate Majority leaders Aden Duale and Kipchumba Murkomen only seem to further assert the report.
Attempts to link Uhuru’s brother Muhoho Kenyatta to contraband business are all attempts by team DP to maneuver out of the set trap.
The organisation’s report warned investors over possible legislative disruptions that may result in increased corporate tax.
“Any evidence obtained during the investigations indicating alleged misuse of public resources is likely to form the basis of impeachment proceedings to remove Ruto from office.”
“Regardless of the outcome, resulting splits within the ruling and opposition parties will increase legislative disruption, reducing the likelihood of corporate tax increases and delaying the finalization of revenue shares within a proposed Petroleum Bill,” the report read in part.
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