Newsdeck: Kenyan finance minister arrested on graft charges

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Business Maverick: Kenyan finance minister arrested on graft charges By Reuters reuters

Charges against Rotich, announced on Monday, stem from a police investigation into the misuse of funds in a dam project overseen by the Italian construction company CMC Di Ravenna.

Rotich was arrested shortly after the charges were announced, George Kinoti, the head of the police Directorate of Criminal Investigations, told Reuters in a text message. The two dams were budgeted to cost 46 billion shillings , he said, but the treasury borrowed far more. However, Rotich’s indictment will send shockwaves through the political elite, who are accustomed to graft scandals resulting in little official action.

Earlier this year, Rotich’s questioning by police provoked an angry reaction among politicians from Ruto and Rotich’s powerful Kalenjin ethnic group. Their home area saw some of the worst violence after the disputed 2007 elections, in which 1,200 people died.“There is nothing to worry about. Relax,” Kipchumba Murkomen, the senate majority leader and a Ruto ally, told reporters.

Haji closed his press conference with a pointed warning against politicians using the case to score points.

 

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