ODM Party Leader Raila Odinga has announced that he has no offshore bank accounts and that all his investment and monies are domiciled in the country.
He has instead asked those in Kenya who have their money and property abroad in tax havens to declare them publicly.
Raila said he saw no problem with President Uhuru Kenyatta or any other Kenyan opening offshore accounts as long as they don’t use them for graft and to divulge state resources.
“I have no offshore accounts. All my wealth is in the country. I am playing locally,” said Raila.
The former Prime Minister was speaking during an interview on KBC on Wednesday, where he expressed confidence that the truth on the Pandora Papers leaks would finally emerge.
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“I am sure the truth will come out. The President has said he will give more details on the claims. I want every Kenyan with offshore accounts to come out and declare them,” he added.
Raila at the same time called for a scrutiny of wealth in the hands of lawyers on behalf of corrupt public officials, saying contractors put many government officials to temptations.
“I have been in government and there are temptations. Contractors will try to influence decisions. I have rejected them before,” added Raila.
This comes two days after President Kenyatta welcomed the off-shore wealth leaks by the International Consortium of Investigative Journalists (ICIJ) saying he has nothing to hide.
The Head of State said such reports will enhance financial transparency in Kenya and worldwide coming as the Pandora Papers did not link the Kenyattas to any wrongdoing.
"The Pandora Papers and subsequent follow up audits will lift that veil of secrecy and darkness for those who cannot explain their assets or wealth," Uhuru said in a statement.