Treasury Cabinet Secretary John Mbadi's has proposed a controversial way of combating corruption.
The CS is proposing that the proceeds of the illegally gotten resources be invested in the country instead of being squirrelled and stashed in foreign accounts. In remarks likely to be perceived as government's complacency to graft, Mbadi says the country should allow such money to be repatriated back so that it can create job opportunities.
While appearing before National Assembly Budget and Appropriations Committee, Mbadi suggested that if corruption can not be fought, it was better to allow people who got the illicit money to invest locally arguing the move would create jobs for Kenyans and grow the local economy. "If we cannot fight corruption and rout it out, we better allow people who have illicit money to invest it here, because they escape to Dubai and developing countries to employ people there.'' He posed," What if that money, which is building a mall in Tanzania is from a Kenyan, was building a mall here? ''How many Kenyans would be employed?
So I say, this is the most desirable way to fight corruption and root it out," Mbadi said.
