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Lozi News > Blog > Politics > Hustler Fund is Illegal, Ledama
Politics

Hustler Fund is Illegal, Ledama

lozinews
lozinews December 6, 2022
Updated 2022/12/21 at 5:56 PM
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Narok Senator, Ledama Ole Kina has termed the hustler fund illegal. He argued that there is no law upon which the fund is issued as required for such initiatives.

William Ruto doesnt have any money to give Kenyans. parliament has not passed any budget to be allocated to hustler fund.

Ledama Ole Kina

Kenyans who responded to his tweet were divided with some arguing in support of the Ledama factual thinking while others attributed the message to the fact that he is an opposition legistlator.

Here are some of the tweets:

The hustler fund is illegal. @WilliamsRuto doesn’t have any money to give Kenyans for free. Parliament has not passed any budget with billions of shillings to give Kenyans for free!Stop lying to Kenyans! We must stop this illegality!

— Sen. Ledama Olekina (@ledamalekina) December 4, 2022

I don’t just criticize you for the sake of it! It’s purely on principles, facts and precedence. When it comes to financial management and regulatory framework, disclosure is prudent! The hustler fund is based on a wrong Premise!

— Sen. Ledama Olekina (@ledamalekina) December 6, 2022

What Kenyans on Tweeter Thought about Ole Kina

Don't worry sir that was ruto wishing us merry Christmas 😂 don't question Charity from a kind and generous husler😂🫰

— LISTIC KE🇰🇪 (@CharlesAchara) December 6, 2022

Dear Kenyans if you borrow Ksh 500 from @WilliamsRuto Hustler Fund you will receive the Ksh 500-8%(40)-30=Ksh430 if you fail to pay in 14 days on the 15th day you will owe the hustler Ksh 547.50 if you fail to pay for a month you will owe the hustler Ksh 1,925. Is this worth it ?

— Sen. Ledama Olekina (@ledamalekina) December 3, 2022

Ledama is factually right but I'm imagining how this would play out in a campaign setting. "yeye aliwapea pesa kinyume na sheria" & Ruto takes the stage "hao majamaa wanasema ati nyinyi hamfai kupewa loan, ati kwa sababu nyinyi ni watoto wa maskini" https://t.co/ppI4JHZmyE

— Gideon Choge (@Gidikim) December 5, 2022

What do you think? Is an illegal loan better than no load? Especially when thinking about the country?

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lozinews December 6, 2022
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