#NYS SCANDAL: I Loaned My Friend 60 M In Cash, Said Josephine Kabura

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Josephine Kabura, she is the hair dresser who is a millionaire now through the National Youth Service (NYS) Scandal.

The lady in question here amazed Members of Parliament on Tuesday morning when she admitted that she loaned another suspect, Mr. Kago Sh60 million without any security.

Mr. Kago is a driver with Kenya Commercial Bank (KCB) who earns ksh 15,000 per month and was grilled last week. She said she got an interest of 10 per cent.

Madam Kabura is one amazing lady who got rich in a mysterious ways. It is true that before she was paid Sh24 million by NYS, she had just Sh650 in her account.

Speaking to the panel, Ms Kabura said she registered about 20 companies and was the sole proprietor.

she added that she received the mega contracts through former Devolution minister Anne Waiguru, who resigned after she was implicated in the scandal.

Ms Kabura is a key suspect in the Sh791 million NYS saga.

The witness further shocked MPs with various disclosures including a claim that she paid suppliers Sh52 million in cash and did not get any receipts.

The suspect further confessed that she has never field tax returns with the Kenya Revenue Authority despite pocketing Sh1.6 billion from the NYS contracts

She also said she had no documentation on how much tax she paid to KRA from the transactions. “I was in the process of filing,” said Ms Kabura.

Legally, people with Personal Identification Numbers are supposed to file returns by June 30 of every year.

The fine for not filing returns by June is Sh10,000 or five per cent of tax due whichever is higher and additional interest of two per cent per month compounded.

At some point, Ms Kabura was hard pressed to explain how she managed to carry Sh100 million in cash without any help.

“That’s 100kg. Put differently, that’s five jerrycans. Can you carry five jerrycans?” posed Public Accounts Committee chairman Nicholas Gumbo.

“Yes, I can carry five jerrycans,” answered Ms Kabura, sending the MPs into fits of laughter.

Later, she claimed to have understood just one jerrycan.