Ok the story is that Bob Collymore has declared his wealth. Ok I’m supposed to care why?
According to the Nation
Safaricom’s Chief Executive Officer Bob Collymore’s takes home Sh9 million per month.
Mr Collymore stated that he has accumulated Sh109.5 million in the last 12 months, including interests and dividends.
According to a declaration of wealth posted by the CEO, he has a net worth of Sh277.3 million in cash, properties and shares.
Mr Collymore owns a Sh54 million residential house in London, UK and has Sh18.3 million worth of shares in Safaricom.
source The Nation
Let me state my stand on this declaration of wealth nonsense. I see no reason why a private citizen should be declaring their wealth unless its a selfie op. Is Bob Collymore even a Kenyan Citizen? Or should we start asking all tourists with work visas to declare their wealth.
Heck I’m all for the fight against corruption stories but who told you that declaring wealth is equitable to not being corrupt?
I don’t even see the need for public servants to declare their wealth. Your wealth is your private issue and shouldn’t be announced in public. I’m just confused about this one.
All I can say is that though I’m a safaricom shareholder, I see no purpose for my CEO to start printing their income in public. This may soon lead to every CEO in the country having to do so. Nope, we aren’t going in that direction.
