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How Ruto’s Italian Investors are defrauding Kenyans Sh91Billion in fake project forcing DCI Kinoti to Travel to Italy

ruto-italy-kenyanreport.com

Hon William Ruto’s trip to Italy has returned to haunt the Deputy President after an Italian firm Investor is now under investigations over a Sh91 Billion fake projects scam.

In early December 2018, the Deputy President traveled to Rome, Italy in a trip that was reportedly intended to woo the international community to invest in Kenya in a bid to foster public-private partnership to bolster its development plan.

According to his communication team , Ruto visited Italy to pursue avenues of collaboration in areas of agriculture, trade; explore new markets for Kenya in coffee, tea, leather industries; gain insights on best practices in leveraging agro processing, value addition, especially in dairy sector to achieve food security.

The “big investor” words aimed at developing Kenya and pictures taken by Ruto in Italy remained on papers as one of the alleged investor companies is now being investigated for mysteriously abandoning a dam project in Rift Valley after collecting down payment in billions.

Cooperativa Muratori e Cementisti (CMC) Di Ravenna was awarded three mega projects including Arror Multipurpose Dam Project and Itare Dam Water Supply Project that were accumulating to a staggering Sh91 Billion.

However, Kenyans have already lost about Sh15Billion that had been remitted as down payment to CMC Di Ravenna as the Italian company has abandoned the hydro-power and drinking water projects in Nakuru and Elgeyo Marakwet counties after being declared bankrupt in mother country. Further reports indicate the financial crisis bite so hard the Italian company that they were forced to shut down their offices in Nairobi, Nakuru and Eldoret.

Luck was however not on their side after Kenyan authorities flagged the mysterious transactions and extreme huge kickbacks to Kenyan officials and launched massive investigation into the dubious dealings with the Italian firm.

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The Director of Criminal Investigations George Kinoti and Director of Public Prosecution Mr Noordin Haji launched investigations on the December trip to Italy by Deputy President William Ruto, Water Cabinet Secretary Simoni Kiprono Chelugui and others who accompanied them including Bomet Governor Joyce Laboso, Kericho Governor Chepkwony. Other under investigations are top officials of Kerio Valley Development Authority and Ministry of Water. However, Water CS Chelugui once denied that the project was never under his ministry.

Kenyan Report were reliably informed that the DCI Boss Geroge Kinoti and DPP Noordin Haji also led their team of sleuths to Rome Italy to seek mutual legal assistance in collecting more evidences and digging more from the broke company at the center of the water project scam.

According to our sources, the DCI and DPP managed to compel relevant officials of CMC Ravenna to record statements and provide evidence how top Kenyan officials extorted and were paid bribes amounting to well over Sh400 Million, 10% of the first Sh4.9 Billion downpayment to the Italian Firm.

Investigations revealed the bribes were wired to a number of offshore bank accounts overseas in companies either owned or associated by the senior Kenyan officials.

Other projects negotiated by the DP Ruto include leather manufacturing that was to be done by Rino Mastrotto, expansive dairy firming and Politecnico di Milano, the largest technical university in Italy, had agreed to support Kenya in fine-tuning technical education to be in tandem with industry demands.

Ironically, The Kenyan Deputy Ambassador to Italy around that time was June Chepchirchir Ruto, daughter of Deputy President William Ruto.

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    Written by Brian

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