Busia Senator and Presidential hopeful Okiya Omtatah has revealed that the Central Bank of Kenya has backed his petition on odious debt.
In a statement on Wednesday, June 4, the senator revealed that the bank had supported his petition in court filings, raising serious questions regarding illegal borrowing, debt mismanagement and public finance abuse brought up in Omtatah's petition. "The Central Bank of Kenya (CBK) has officially backed our petition on ODIOUS DEBT.
In court filings, CBK affirms that the petition raises substantial constitutional questions on illegal borrowing, debt mismanagement and public finance abuse," Omtatah stated. "They support the empanelment of a multi-judge bench under Article 165(4).
A monumental step in the fight for justice, accountability and economic liberation for Kenyans; now and in future." Busia Senator Okiya Omtatah speaking on July 11, 2023 Photo Okiya Omtatah In court documents shared by Omtatah, the Governor of the Central Bank of Kenya (CBK), Dr Kamau Thugge, announced that the CBK would also support the senators' call for the empanelment of a bench of judges, an uneven number, to hear the petition on 11 grounds. "Take notice that the governor, the Central Bank of Kenya, the 19th Respondent herein, shall support the 9th Respondent's application dated 14 May 2025 and the Petitioners' prayer for empanelment of a bench in the Application dated 24 April 2025," part of the CBK statement read.
