Kalonzo Handed Letter Proving Criminal Activities in Kalonzo Musyoka Foundation's Bank Accounts

  • Wiper Party leader Kalonzo Musyoka is set for more trouble following a new unfolding in the investigations of his Foundation's bank accounts.

    Mr Musyoka, who came on the spot after the NGO Coordination Board accused the Kalonzo Musyoka Foundation of running an illegal account, has now been formally handed a letter to prove the claims.

    The NGO Board Director, Fazul Mohammed, stated that Musyoka was now well aware of how he has violated financial regulations.

    "We are expecting the response from Kalonzo Musyoka so we can act on it. The time we gave him to respond is not over," Mohammed told the Star.

    Earlier, Kalonzo had denied having received any letter from the Board regarding any malpractices in his accounts noting that he would not respond to newspaper reports.

    "The first mistake the board made was to serve the media before him. It is clear proof of Jubilee's political gimmicks and propaganda. As a lawyer, Kalonzo will have to see the documentation first because he is reading mischief," Kalonzo's publicist Dennis Kavisu was quoted.

    After the NGO Board handed Musyoka the letter, he is now obligated to respond to the claims which amount to criminal activities.

    Musyoka's organization is under probe for illegally converting foreign money into Kenyan currencies and transferring the same into local banks which the NGO regulator says is a contravention of rules and regulations of its registration.

    “The foreign currency account has also been used for conversion to Kenya Shillings and subsequent crediting to the Foundation’s bank accounts. Kindly note, this foreign currency account has been opened and is being operated in contravention of Section 12 (4) of the NGOs Co-ordination Act No 19 of 1990, and Clause 10 of the Terms and Conditions...,” The NGO Board stated.

    In addition to that, the Foundation has also been accused of using only one auditor for more than 10 years and manipulating accounting figures in contravention of the law.

    “The Kalonzo Musyoka Foundation has been audited by one auditor for more than 10 years now since its registration in 2005. Instances of creative accounting have been noted from the accounts alongside the situation creating familiarity threats, which directly affect the independence of the auditor,” the NGO Board states.

    Those under investigation are the Wiper leader, his son Kennedy, wife Pauline and a Martha Mulwa who are said to be directors of the Foundation.