According to several disturbing details, the CEO of the Micro and Small Enterprises Authority (MSEA), Henry M Rithaa, has been linked to multiple corruption scandals, money laundering deals, and other dangerous crimes that are yet to be looked into.
According to the details in possession of our investigating team, Rithaa has been handling a serious department at the agency, hence overseeing fraud, theft of money, and other corrupt deeds.
According to a letter to the EACC, under Mr Rithaa’s stewardship,, hundreds of millions of
Shillings of public funds meant for the constituency industrial development centers CIDC Program
cannot be accounted for.
It is estimated that a whopping KSH 800 million of funds meant to spur the
growth of MSEs by identifying available resources and materials at the constituency level that can add
value for more significant economic benefit disappeared into thin air.
Well-placed sources at MSEA showed our investigative team a copy of a letter addressed to the EACC that was signed by a section of board members claiming that Mr Rithaa has been handling daily affairs at the state corporation with arrogance, intimidation, and threats with the support of former CS Peter
Munya. The Letter to the EACC reveals how under Mr Rithaa’s stewardship, hundreds of millions of Kshs of public
funds meant for the constituency industrial development centers CIDC program cannot be accounted
for.
It’s estimated that a whopping Kshs 800 million of funds meant to spur the growth of MSEs by
Identifying available resources and materials at the constituency level that can add value for more significant economic benefit disappeared into thin air. The letter speculates that the allotted funds may have been challenged to the Azimio Coalition’s 2022