Bob Collumore, the CEO of the giant telecommunication company Safaricom has found himself defending his company against accusations of corrupt practices now taking rounds in the social media.
According to the accusers Safaricom favours one community in its sales promotions.
A list allegedly obtained from the company has been talking the rounds in the social media giving details of the promotions.
The list shows that most of the winners of the Safaricom’s Shangwe Mtaani came from one community.
In a statement, Collymore didn’t not deny the charges, but defended his company by saying that the said community participated more than other communities in the company promotions.
“To be honest some groups participate more than others in the promotions, “ he was quoted as saying, adding that the company tried as much as possible to balance the awards.
He said Safaricom does not condone corruption and will cut links with anyone involved in corruption.
Collymore declared his wealth last year in a bid to help the fight corruption in Kenya. Collymore who is from Guyana said he had a house, cash and shares in different companies worth some Shs227 million saved from his over 30 years of work. He further stated that he earned Shs100 million a year from his employment income.
CEO of KCB
Other company bosses who have followed the example of Bob Collymore include the Kenya Commercial Bank CEO Mr. Joshua Oigara who narrated how he started his career 18 years ago as a teacher earning only Shs5,000 per month.
The 41 year old CEO said that at the time of declaring his wealth (December,2015) his assets were worth Shs350 million in form of land, buildings, motor vehicle, cash bank balance and shares
He further said his monthly salary and allowances amounted to Shs4.9 million.
More than 60 per cent of Kenyans live on less than one US dollar. The average salary for university graduate teacher in Kenya is less than Shs 30,000 a month, a far cry from Shs4 million.
In deed, it is not just corruption but the total imbalance of incomes in Kenya where less than one per cent of Kenyan control more than 90 per cent of the country’s wealth.