Ruto responds to Raila on fuel dossier
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Ruto terms Raila dossier on government-to-government fuel deal as baseless and inconsequential
Ruto terms Raila dossier on government-to-government fuel deal as baseless and inconsequential.
President William Ruto now says Azimio is on an expedition to unearth dirt in his administration in a move they will not succeed.
Speaking during the final day of the National Executive Retreat in Nairobi on Friday, Ruto stated that the dossier released by Raila on the government-to-government oil deal was baseless and inconsequential.
“I want to assure them [the Opposition] that the fishing they are doing for a scandal in this administration, they are not about to succeed,” the President stated.
Ruto stated that the government does not act as a broker in the oil procurement business, but rather as an underwriter responsible for ensuring oil transactions occur without any hitches.
According to the head of state, the G2G deal with Saudi Arabia was conducted openly and transparently, contrary to claims fronted by Raila, who accused the current regime of using it to foster corruption.
President William Ruto reiterated that the deal was necessary to ease the pressure on the Dollar.
“The purpose of the government is twofold; to guarantee international oil companies that they can extend products to Kenya for six months and that after six months we are going to pay and we have kept our part of the bargain,” he said.
“We also gave them the guarantee that dollars will be available to them and we have made sure that is the case. The rest is private business. The State is not a broker or an in-between so the entire process is private sector-led.”
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In the deal with Saudi Arabia, Kenyan Companies, Gulf Energy, Galana Oil Kenya Ltd, and Oryx Energies Kenya Limited were selected to handle local logistics.
However, Raila argued that the government aided the companies in evading paying the 30 percent corporate tax by purchasing the fuel at a cheaper price and selling it exorbitantly.
”It (the deal) is shrouded in deep secrecy. To date, only two documents have been made public; that is the Master Framework Agreement with petroleum trading entities and the Open Tender System modified agreement with marketers,” Raila alleged on Thursday.
”Nobody knows how Gulf Energy, Galana Oil Kenya Ltd, and Oryx Energies Kenya Limited got nominated to handle local logistics. But the hand-picked distributors are selling oil to us at almost twice the price from bulk suppliers,” Raila added and dared Ruto to publish the details of the oil deal to prove him wrong.
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