ODM leader Raila Odinga has stated that he has no offshore accounts and urges those who have funds and possessions outside the country to do the same.
The former prime minister said at the same time, there is no problem with Kenyans opening offshore accounts as long as they are not used to siphon government resources or conduct corruption programs.
“I don’t have any offshore accounts. All my fortune is in the country. I play locally, “said the ODM boss.
In an interview with KBC on Wednesday, Raila said he was sure that the truth about the recently leaked Pandora papers would come to light.
“I’m sure the truth will come out. The President has announced that he will provide further details on the allegations. I want every Kenyan with offshore accounts to come out and declare them, “he said.
The ODM leader also called for a review of assets held by lawyers on behalf of corrupt government officials and said government offices affected people in temptation.
“I’ve been in government and there is temptation. Contractors will try to influence decisions. I’ve turned them down before, ”he said.
His feelings come just two days after President Uhuru Kenyatta, whose amazing family offshore wealth was revealed by a consortium of investigative journalists, said he had nothing to hide.
“The Pandora Papers and subsequent follow-up exams will lift that veil of secrecy and darkness for those who cannot explain their property or wealth,” Uhuru said in one on Monday brief statement.
The President has neither denied nor discredited the leak, as such reports would improve financial transparency in Kenya and worldwide.
It is not illegal to be offshore – Having accounts.
Kenyatta and six members of his family have owned 13 offshore companies for decades, the journalists’ consortium said.
“The traffic of illicit funds, Income from crime and Corruption thrives in an environment of secrecy and darkness, “said the president.
The head of state said the leaked financial deals would disappear and only cause trouble for those who cannot explain their wealth.
The president responded hours after a comprehensive report by the International Consortium of Investigative Journalists (ICIJ) revealed details of his family’s billions in offshore investments.
The reports say that the Kenyattas, including the president’s mother, sisters, and brother who have “shielded” wealth from public scrutiny through foundations and corporations in tax havens, including Panama.
The huge leak of financial documents has highlighted the hidden fortunes of the Kenyatta family that have amassed over the decades.