President William Ruto’s chief economic advisor David Ndii on Tuesday dismissed reports that he was stealing from the government noting that he earned more from consulting services than his monthly salary.
Ndii made public an invoice where he was paid Ksh45,000 per hour to consult for a bank.
The economist remarked that for half a day's work, he earned a total of Ksh417,600 minus Value Added Tax (VAT).
He contrasted that with the Ksh666,000 he earned from the National Government for the month of May 2024 advising President Ruto and his cabinet.
“You can do the math, my monthly pay is less than 2 days work. I am not in this for money,” he spoke of his role as Ruto’s advisor.
In the shared invoice, Ndii charged Ksh45,000 per hour for six hours for a strategy retreat presentation.
The bank he was consulting for paid another Ksh90,000 for a 2-hour staff lecture.
Ndii remarked that the Ksh666,000 monthly pay was the only cash he received from the Treasury indicating that he is not paid any allowances.
Additionally, Ndii remarked that he never consults for the government but renders his services to the private sector.
The economist has been vocal in castigating past and present government officials who use their position to plunder public coffers.
He explained that this has made Ruto’s administration make unpopular decisions because the plundering has ballooned the public debt.
Ndii explained that on average, the National Government uses Ksh200 billion to settle domestic debt noting there were times the amount paid out in a week exceeded Ksh100 billion.
“One slip and it is a financial meltdown. You can come and take your country,” he told Kenyans demonstrating against high taxes.
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