ODM Party Secretary-General Edwin Sifuna has claimed that the government through its various agencies owes the party a total sum of Ksh8.5 Billion.
In a tweet on Thursday, Sifuna noted that the amount had accrued to Sh8.5 Billion as at 30th June, 2021.
Despite the huge debt allegedly owed to ODM, Sifuna said the party is not broke, but underscored that they would have done more if the money was paid promptly.
“@TheODMparty is sound financially. However, we would be able to do much more if Parliament, National Treasury, and @ORPPKenya paid what's due to the Party. The total amount owed to ODM stands at a whooping 8.5 BILLION Shillings as at 30th June 2021,” Sifuna tweeted.
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ODM Secretary-General Edwin SIfuna. [Photo: Courtesy]
While it is not 100% clear where the Ksh8.5 Billion debt emanated from, it is highly likely to have been accrued from monies owed to political parties by the Office of the Registrar of Political Parties.
The Kenyan Constitution provides for the Political Parties Fund which is administered by the ORPP.
Every year, the fund disburses cash to political parties who meet the set threshold in terms of membership and the number of elected leaders.
The funds are meant to strengthen and finance political party activities in the country. In July 2021, Jubilee and ODM received a cumulative amount of Sh519 million, with Jubilee taking Sh353,856,428 while ODM banked Sh165,252,076.
