The five opposition coalition partners are set to share KSh 489 million political parties’ funds disbursed over the last three financial years.
This comes barely days after ODM leader Raila Odinga conceded to the request by other NASA co-principals to share out the Political Parties’ Fund in a last-minute effort to woo back his estranged partners in the opposition coalition.
In a letter to its estranged partners, Raila Odinga in his proposed formulae will see ODM party get the lions’ share of more than 70 percent of the total amount.
While Kalonzo Musyoka (Wiper), Musalia Mudavadi (ANC), Moses Wetang’ula (Ford Kenya), and Isaac Ruto (Chama Cha Mashinani) will get Ksh 153 million, the ODM party will walk away with KSh 336 million.
Of the KSh 153 million, Kalonzo’s party is estimated to get KSh 70 million whereas Musalia Mudavadi’s ANC will receive KSh 43.9 million.
Moses Wetangula’s Ford Kenya will receive KSh 36 million while CCM of former Bomet Governor Isaac Ruto will get KSh 3 million for the financial years 2017/18, 2018/19, and 2019/20.
The sharing of the amount from the three financial years is calculated based on votes attributed to parliamentary seats by the five NASA partners.
The decision to share the money out was a climb-down move by former Prime Minister Raila Odinga who had maintained that he does not owe other NASA partners even a cent.
However, after holding a night meeting with Wiper leader Kalonzo Musyoka, the presidential hopeful agreed to share the funds with his co-principals in a move aimed at luring back his partners ahead of the much anticipated 2022 General Election.
In a letter to other NASA co-principals, Raila Odinga said that the ODM party is appreciative of the constructive consultations that have taken place among the leaders of its respective parties.
“…consequent, thereto, our party has deliberated internally and resolved that, without prejudice, we share with coalition partners ODM’s share of monies from political parties fund attributable (and excluding presidential gubernatorial and County assemblies) votes for the financial years 2017/18, 2018/19 and 2019/20,” Raila Odinga said.