President Uhuru Kenyatta speaks on Pandora Papers [ Photo: BBC]
President Uhuru Kenyatta has seemingly commended the International consortium of Investigative Journalism, for the Pandora papers report, saying it will improve financial transparency.
President Kenyatta however says, he will address his listing in the report, as part of world leaders using offshore tax havens, to hide assets worth hundreds of millions of dollars when he returns from his State Visit to the Americas.
“…these reports will go a long way in enhancing the financial transparency and openness that we require in Kenya and around the globe. The movement of illicit funds, proceeds of crime and corruption thrive in an environment of secrecy and darkness,” he stated.
The controversial Pandora Papers have linked President Kenyatta’s family with 13 secret offshore accounts reportedly worth Ksh.3.3 billion.
The document mentions more than 330 politicians and public officials including significant individuals such as Jordan’s King Abdullah II, Czech Prime Minister Andrej Babis, former UK Prime Minister Tony Blair, Gabon’s President Ali Bongo Ondimba and President of Congo-Brazzaville Denis Sassou-Nguesso.
The Pandora papers have been published after leaked information to the International Consortium of Investigative Journalism exposed dealings of heads of state.