Home KENYA NEWS Broke MPs Risk Losing their Luxury Cars over Unpaid Loans

Broke MPs Risk Losing their Luxury Cars over Unpaid Loans

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Broke MPs Risk Losing their Luxury Cars over Unpaid Loans

The Parliamentary Service Commission (PSC) has told nearly 100 members of parliament that they risk losing possession of their luxury cars as a recover for outstanding loans at the end of their tenure on August 7.

The MPs, who spent millions of shillings in the just concluded party nominations and are expecting to spend more in the upcoming campaigns, are under pressure from the PSC TO clear low-cost mortgage and car loans they got while in office.

One legislator is entitled to a Sh20 million mortgage and a further Sh7 million car loan that they are expected to repay before the end of their tenure.

Further, the 418 parliamentarians are entitled to a Sh5 million car grant, which they do not repay.

The public service commission, through its Car Loan Scheme Fund, urged the lawmakers not to solely rely on monthly deductions from their salaries to repay the loans but instead “make additional payments from other sources.”

“This will ensure early repayment and release of original logbooks to facilitate their discharge and transfer to the owners,” the fund says in a report to Auditor-General Edward Ouko.

According to the fund, there is an outstanding loans amounting to Sh213.1 million for both MPs and other parliamentary workers.

The legislators are now facing a seizure of their luxury vehicles if they fail to repay the loans they borrowed at the beginning of their term in office.

They are required to repay the loans on or before August 7.

5 COMMENTS

  1. When the majority are at…
    When the majority are at RISK of death for lack medicare, our leaders are at RISK of losing their luxury cars….. how ironic!

  2. one thing iam sure of is…
    one thing iam sure of is that they are not going to ride boda boda .
    iguess the only way to maintain these gazzlers is to again raise their benefits and salary before the elections

    • I am old enough to remember…
      I am old enough to remember seeing Peter Oloo Aringo at a petrol station on Jogoo Rd with a run down pick up. This was barely two months after he lost his parliamentary sit and by extension his cabinet position. Caroline Mutoko recently put it succinctly that these guys are risking losing a life that cannot be sustained as they don’t have skills to get that salary anywhere else. Apparently, some of their mpango wa kandos have started switching off their phones when their lovers lose the party nominations.

  3. Can somebody earning what…
    Can somebody earning what Mpigs make be broke? Give us a break. Disgusting mpigs

  4. These guys are like spoilt…
    These guys are like spoilt brats. They think the free money they enjoyed for the last 4 years, and for some even longer will last forever. Go for them cars and let the defaulters face the feel of the ordinary mwananchi they have been stealing from.

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