Posted on 05/23/2010 8:39:51 AM PDT by Natural Born 54
A massive Sh164 billion in hard currency has found its way into the Kenyan economy — and the government is unable to explain its source.
The $2.1 billion inflow has left government statisticians and donors scratching their heads for answers, fuelling concerns that Kenya may be turning into a money laundering destination by Somali pirates.
The large foreign currency injections are captured in the latest balance of payments statistics published by the Central Bank of Kenya.
(snip)
Having risen to $2.1 billion, the current level represents a massive 100 per cent increase within a year. The mysterious billions are over and above the combined last year’s export earnings from coffee, tea and horticulture. As a matter of fact, the line ‘errors and omissions’ has grown into the single largest item in the economy’s balance of payments statistics.
(Excerpt) Read more at nation.co.ke ...
"The pirates made 100 million dollars (allowing for errors) last year. This is 5% of the 2.1 Billion dollars being talked about. It is highly illogical to attribute the money to piracy...or even immigrants."
Hmmmmmm
zero sent it....
Yeah, I have no idea what nation would have a favorite son of Kenya as a leader, so this just baffles me something fierce.
Mmmm, mmmm, mmmm...
Petrodollars to drive the expansion of islam?
It’s Barry Soetoro...like any respectable illegal immigrant...sending some Stimulus money back to his home country. [/s]
Part of G. Soros stash?
Hmmmmmm
In a unrelated story, billions remain unspent in the TARP fund.
In another unrelated story, Obama's father comes from Kenya.
My bank made a mistake ...its my money
Who is funneling billions into Kenya?
(Mystery money exceeds export earnings from coffee, tea, horticulture combined.)
Thank you - saved me having to say it.
Thanks you, Laz - saved me having to say it. (I’ve heard you’re pretty quick on the draw.)
TARP funds, no doubt, sent by the criminal occupiers in D.C.
I’m also partial to “the First National Kenyan Bank of Woldwide Radical Islamic Funding”.
“Even more intriguing is the fact that there has been a massive increase within one year of foreign exchange whose sources cannot be traced.”
It’s pirates, just not Somali pirates but closer to home.
That’s a great animation.
and America takes another one in the........
rlmorel
Definitely sent by zero..... It’s part of the payoff to keep quiet!
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