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Mystery of Sh164bn smuggled into Kenya ($Billions)
Nairobi Sunday Nation, Kenya ^ | May 20, 2010 | JAINDI KISERO

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 ...


TOPICS: Business/Economy; Crime/Corruption; Extended News; Foreign Affairs
KEYWORDS: birthcertificate; economy; kenya; naturalborncitizen; obama
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To: Natural Born 54

My father, 3rd from the left, lived in the Congo. When he died he left me his estate but in Nigerian monies. I recently replied to Mr Ohara regarding the money due me and would I care for an ATM card to transfer the money. I asked him to transfer it to Kenya so that I could buy some Ivory stock! The remainder I will give to Cheetah who just celebrated his 75th Birthday. He owns a major interest in King Solomon's mines! I hope he gives me a portion of that as well. Of course there's the Ark thingee too! But that's in a galaxy far far away!

21 posted on 05/23/2010 9:32:12 AM PDT by Young Werther ("Quae cum ita sunt" Since these things are so!)
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To: Natural Born 54; All
Kenya may be turning into a money laundering destination by Somali piratesObama Administration officials.

Fixed.

Looks like Sherriff Joe is on his way to collect some of this tragic accounting error.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

22 posted on 05/23/2010 9:35:00 AM PDT by The Comedian (Evil can only succeed if good men don't point at it and laugh.)
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To: Natural Born 54

Don’t forget, China throws a lot of money around in Africa too.


23 posted on 05/23/2010 9:36:12 AM PDT by Little Pig (Vi Veri Veniversum Vivus Vici.)
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To: Young Werther

http://www.youtube.com/watch?v=MwHWbsvgQUE


24 posted on 05/23/2010 9:42:05 AM PDT by Natural Born 54
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To: All
"zero sent it"


25 posted on 05/23/2010 12:14:10 PM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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To: The Comedian

Great observation!..Can we connect a couple of other dots...
#1 Federal Reserve Missing Trillions 5/09
http://www.youtube.com/watch?v=PXlxBeAvsB8&feature=player_embedded

#2 Kenya Official asks when Obama intends to repatriate himself or part of the money...
The following transcript is of an April 14, 2010 debate on the floor of the Kenyan National Assembly.

Dr. Khalwale: Mr. Speaker, Sir, the Minister has told us that the office of the then Senator Obama gave him a lot of assistance. That is very good to hear. Could he tell us what commitment the same office made by way of compensation to this country because those artefacts in those museums have been attracting visitors who were paying to view them?

What commitment did they make about compensation and more importantly, the biggest artefact in the USA today that belongs to this country is one Barrack Obama.

How does he intend to repatriate himself or part of the money that is realized from all the royalties that he is attracting across the whole world?

Full National Assembly of Kenya Official Report can be found on link below....
http://www.scribd.com/doc/30297501/Member-of-Kenyan-National-Assembly-asks-When-is-Obama-Going-to-Repatriate-Himself-to-Kenya-See-pg-8


26 posted on 05/23/2010 12:37:12 PM PDT by Grand
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To: LucyT; null and void; melancholy

Maybe not for the list, but interesting....hmm...


27 posted on 05/23/2010 12:44:56 PM PDT by little jeremiah (http://lifewurx.com - Good herb formulas made by a friend)
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To: illiac
zero sent it....

Well, sounds like a smart move. After all, why keep all the unspent TARP money in US BANKS? We know what is happening to them.

28 posted on 05/23/2010 2:32:19 PM PDT by UCANSEE2 (The Last Boy Scout)
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To: Natural Born 54

They cashed a check from a Nigerian prince.


29 posted on 05/23/2010 3:47:22 PM PDT by TASMANIANRED (Liberals are educated above their level of intelligence.. Thanks Sr. Angelica)
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To: Lazamataz
In another unrelated story, Obama's father comes from Kenya.

And so does Jr.

30 posted on 05/23/2010 3:50:33 PM PDT by Red Steel
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To: Natural Born 54

bfl


31 posted on 05/23/2010 5:18:35 PM PDT by shield (A wise man's heart is at his RIGHT hand;but a fool's heart at his LEFT. Ecc 10:2)
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To: Natural Born 54

BHO made the drop himself when he traveled incognito to the Kenyan embassy on his “soccer game” ruse.


32 posted on 05/23/2010 7:49:49 PM PDT by happygrl (QA231)
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To: Grand

Payoff to keep quiet about his Mombassa BC.


33 posted on 05/23/2010 7:52:11 PM PDT by happygrl (QA231)
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To: happygrl

The money came into the system in 2009 per the article. Besides, that much cash would be pretty bulky.

Maybe he was bringing them a 2010 “deposit” prompted by that Kenyan government official just having stated that Barry was born in Kenya - the PDF publication that showed up on the Kenyan gov’t. web site one to two months ago. (don’t have link handy)


34 posted on 05/23/2010 8:07:56 PM PDT by Natural Born 54
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To: illiac

We need to check his schedule. See if he leaves the White House at night and if there are any 7-11s nearby which handle Western Union money transfers.


35 posted on 05/23/2010 8:34:08 PM PDT by Brugmansian
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To: TASMANIANRED
"They cashed a check from a Nigerian prince."

Rats! I was scrolling down, hoping to be the first to mention those wonderful helpful emails from the Nigerian government representative who wants my bank account information so that he can send me some of the excess money in their treasury.

Ah well. Good job.

36 posted on 05/23/2010 8:40:31 PM PDT by txnuke (Obama votes "PRES__ENT" because he has no ID.)
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To: woofie

“My bank made a mistake ...its my money”

I’m sure they’d be more than happy to EFT it back to you if you’ll provide them with all the relevant account details.


37 posted on 05/24/2010 2:17:13 PM PDT by DrC
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To: Natural Born 54

Now, Obama is being called a Somali Pirate?


38 posted on 05/24/2010 6:00:55 PM PDT by FreeAtlanta (Hey, Barack "Hubris" Obama, $10 is all it would take, why spend millions to cover it up?)
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To: Natural Born 54

What do you think?


39 posted on 07/16/2010 11:22:59 AM PDT by GOPJ (Coincidence is God's way of remaining anonymous - Einstein.)
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To: Free ThinkerNY; unkus; SkyPilot; dk/coro; callisto; ElkGroveDan; ZULU; rodguy911; jesseam; ...

PING


40 posted on 07/16/2010 11:38:52 AM PDT by ExTexasRedhead (Take back our country on November 2, 2010.)
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