A lobby group has filed a legal challenge to President William Ruto’s recently launched digital financial inclusion initiative, The hustler fund.
The applicant, Operation Linda Ugatuzi, has raised more than 15 issues that it wants the court to address, including the way the fund operates and the claim that it lacks a known established office or entity.
Prof. Fred Ogalla questioned why Kenyans were being asked for their PIN number by an unidentified entity when the aforementioned fund was not authorized by the parliament.
“A fund of this nature has to be established by an Act of Parliament and the monies being dished to kenyans must be contained in the financial budget,” Ogalla said.
In his petition to the high court, he claims that Kenyans must be protected when receiving funds or money and must be informed of the sources.
The applicant is asking the court to mandate that the Hustler Fund reveals its operation office, corporate structure, and board of directors.
He added that Kenyans were not under any obligation to repay the money because there was no legal obligation to do so.
The petition will be presented to the duty judge for direction
Read MORE: NTV Kenya