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tv   NEWSHOUR  Al Jazeera  July 22, 2019 9:00pm-10:01pm +03

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anglian and i want you to arrest that ship there can be an arrest in it's a civil process it normally doesn't occur with the iranian revolutionary guard launching helicopters and small boats it's usually an order from a judge in an it mad or trying to court and it's brought up by a civil officer the marshal or in some other country the sheriff's right now in a case in a case like the one we saw or involving stana pirro. that would have been done in a telephone pole between the lawyers or representatives of the fish boat and in the tanker and they would have said hey my fish broke and he had your tankers fault you owe me a 20000 dollars 100000 dollars a $1000000.00 the owner of the tank would say i don't want my ship arrested anywhere but particularly here and now my insurance will be happy to give to you a document a sick piece of security a letter of undertaking a promise to pay a certain amount on settlement or final judgment an appeal ok that gets around the world all the time there's
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a confusion in the world now between sanctions and simple civil rights all right on that note often leave it there we thank you very much to all of my guests which i have any ari show the icon of lawrence brennan thanks very much for joining us and thanks for watching the show you can see the program again any time by visiting our web site al-jazeera dot com you can have further the scott send by going to our facebook page that facebook dot com forward slash a.j. and type story you can also join the conversation on twitter for handel as a.j. insight story for myself and the whole team here and on how to fight for it 1st.
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from your school. to al-jazeera. we ask problems of the signs of the instability is corruption we listen. who are pushing the united states and president trump into conflict we meet with global newsmakers and talk about the stories that matter just 01 of the really special things about working for al-jazeera is that even as a camera woman i get to have so much empathy and contribution to a story i feel we cover this region better than anyone else working for us as you know is that each other's lives but in the particular because you have a lot of people that are divided on political issues we are we the people we live to tell the real stories are just mended is to do we were in-depth journalism we don't feel inferior to the audience across the globe. take the worst possible material eurabia grounded into dust comparable to flour and make up a lot of it and put it into a place where people live there is a cause
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a loss on the ground. as well and so many people are thinking this is the silent heat. but does it make you feel nice you feel like a murderer we have created an enormous amount of mental disaster. and investigation south africa toxic city on al jazeera. 0. where every. new yorkers are very receptive to al-jazeera because it is such an international city they're very interested in that global perspective that al jazeera provides.
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you know what your does or who needs a whole rama reminder of our top news stories kenya's finance minister henry raj it shows been arrested over a dam construction scandal it marks the 1st time a sitting kenyan minister has been arrested on corruption charges he and other officials are accused of flouting procurement rules when they awarded the building project to a bankrupt it's hellion company water which has denied any wrongdoing earlier we spoke to catherine soy who explained the case so far he's a very high profile individual in the government he has surrounded himself alongside he's deputy the director of public prosecutions also ordered their arrest of the shore of a past at all that was supposed to see oversee this project some of those officials have already so also so are surrendered themselves and has also issued a warrant of arrest for employees of the italian company that was supposed to undertake the construction to begin with and i have seen this statement by the
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director of public prosecutors and it talks about a construction of the 2 dams further north that has not even began my team 4 years after it was commissioned. fighters in somalia are claiming responsibility for a bomb blast which killed at least 10 people others were injured near the international airport in the capital mogadishu the suspected car bomb blast and gunfire was near a security checkpoint. syrian government strikes have killed or wounded dozens of civilians a little province several people are believed to have been trapped under the rubble after a busy market came under attack. and britain's prime minister treason is holding an emergency meeting to find a way to respond to iran's seizure of a u.k. fly. now london is reportedly considering a range of options including limited sanctions to iran maintains action was legal and the vessel at $23.00 crew members on board broke maritime rules.
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palestinians are being made homeless because israeli forces are demolishing their homes despite warnings from the un and the e.u. residents of what they are homeowners lost their 7 year legal battle to overturn a military addiction order when israel's high court dismissed that case philippines president rodriguez eternity is calling on congress to reinstate death penalties for drug related crimes to tell he delivered his state of the nation address where he pushed for constitutional amendments protesters have gathered across the philippines calling for his resignation. the illegal problem is caught up in your post and in much to your late the garbage you need to sustain are. all very neat at the. worst congress to reinstate the death penalty. what he most crimes related. as well. lunde. hong kong's leader has strongly condemn violence following
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a mass rally against her government police fired tear gas and rubber bullets to disperse crowds outside the office of china's representatives to the city criticised people who threw eggs out of the building in vandalized the national and . of the later in the night dozens of masked men attacked people returning home from the rally videos on social media show a group of men dressed in white and arm to with back and stormed into the metro station in the district on the outskirts of hong kong opposition politicians blame the attack on suspected gang members and say they'll investigate. monday morning last march is expected to in puerto rico despite gov ricardo rosello announcing he won't be seeking reelection next year he says he'll step down as leader of his party but is refusing to give in to calls for his immediate resignation days the demonstrations started after messages were leaked of him assaulting women the
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disabled and victims of hurricane maria and firefighters in portugal have managed to bring 2 wildfires under control but one blaze is still burning dangerously close to villages police are investigating what caused the fires with one man arrested on suspicion of arson at least 30 people have been injured and several regions remain on high alert of course so stories on our web site at al-jazeera dot com about more news in half an hour next it's the debt machine stay with us. debt it drives markets creates profits and generates an endless cycle of production and consumption. we live on credit our homes
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cars schools and government expenditures are financed by borrowing. data has become the engine of our growth the lifeblood of our global economy. it's an economic machine impacting the global economy with more and more date being produced day in and day out. this debt machine has grown to epic proportions and now seems to have spiraled out of control public debt the debt held by governments is soaring. the eurozone is having a much harder time than other economies emerging from the crisis of spiraling debt why and what are the solutions. to debt machine once you're on it very hard to get off let's if i must use them to look good also some public
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put on the let's start over and create a system of credit which would actually be sustainable which wouldn't destroy the planet as the current atmosphere has to a. diminishing high no idea can that can exist to any piece on duty do tests on come on and off economy. as you came out at. 2nd it puts paramedics on it the producer live where problem sick over to that somebody to say that. then who. is a pow and i deny me. said that then on any. when it's debt reaches a certain level the government gets caught in a spiral to repay its debt and the interest on it the government has to borrow more
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money year after year. most eurozone countries are now in that situation they borrow heavily on the financial markets and from large private banks that fight fiercely to keep them as clients. banks love to make loans to sovereigns why because behind the sovereign are millions of taxpayers and they're not like the shoppers or it's not like the consumers in a business because those tax payers never go away there's a new one born every single day and they're going to pay taxes for the next 150 yes unless the country collapses so why wouldn't you lend to them because you know you're going to get your money back you know there's no bankruptcy law you know that you can always make a profit on it's safe lending whereas if i go to a firm that wants to innovate and produce a new asset you know firm that maybe once decided they want to build steam engines
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and 1700 or something i don't have to risk assess the risk. well that's too risky why should i invest in that why don't i lend to the government of spain or to the government of italy order government of portugal i know there are a german taxpayers there a french taxpayers there all of whom are effectively backing up this debt so i don't fear of taking risks. government data has soared into the trillions of dollars in euro zone countries but those figures don't really mean much if you don't compare them to the wealth of a country its gross domestic product or g.d.p. . the country's debt is measured as a percentage of g.d.p. here debt represents 50 percent and here 100 percent of g.d.p. . 1992 maastricht treaty
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laid down the terms for an integrated europe. in order to keep debt from getting out of control experts agree that a country's debt should not exceed 60 percent of its g.d.p. but that critical threshold has been largely exceeded by most european countries joins us from get us what he asked about it so more now we have a pre-nup with the beauty of rio might have a pretty rigid there. when debt exceeds a certain level tax revenues start going up to pay interest on the debt instead of funding government expenses hospitals schools teaches. how can that data be repaid how can we ever get out of the spiral. if you put 2 on both in that as in i guess your yet divvy almost have
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a dead to cvs everybody's word. or junkie was up i think they sell out jack of which i don't know but most of the dead sean hoare and his exam proof are saying of all of his says that they did to cause like the balliol were tossed knows emmett on bossy when it drops below years should i think it's. the property to go neighbor kid physical about little to quit their battle sure as you know what hope is also off you did get you up at it. has always existed it dates back to the origins of civilization it even predates the invention of money. the very earliest mesopotamian scriptures that we have are actually debts and credits calculating who owes what to whom when temples and other large bureaucratic systems. so what you have actually are credit systems and in mesopotamia they don't
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have. private data has always existed but government data 1st emerged in italy in the major trading cities during the late middle ages. florence jenner and venice were constantly at war which cost them dearly. to pay for those sovereigns borrowed from prominent family 1st government bonds were traded paying interest. those prominence creditor families founded the 1st italian banks that started lending a lot of money to european markets who were caught up in endless wars. most often the bankers were worried by the warlike rule is an easy way of getting rid of debt one that would be used for centuries. at the time governments
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had power over creditors only much later would that balance of power be reversed. we've. seen the light attack was resumed after the 2nd world war in 1945 america's marshall plan granted $13000000000.00 u.s. dollars in aid to europe's industrialized countries exceptional growth followed and the 30 years after the war were good so good that they were known as the economic miracle in germany and the glorious 30 and france business was brisk industry was in full swing and the growth of consumption was spectacular.
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in the polytunnel news you didn't go has basically put it up there but. i'm suited for q molly moved to a bill to slug seal bianco so much i mean you know if we were to die or figure. to show it would really phenomenal in bungay us you didn't resign i wanted but he was and i was film in the closet for you there on time the b.b. was an image will be a few miles that iraq good will be buried. in croissants. by the end of the postwar boom in the early 1970 s. government debt in europe was a great cord low thanks to growth and inflation but the economic machine would soon be upset by 2 major events. good evening on august 15th 1971 richard nixon the president of the united states his
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coffers had been emptied of a gold reserves by the vietnam war announced a staggering measure that would drastically change the world economy. would have been the dollar against the speculative. i directed secretary connally to suspend temporarily the combat ability of the dollar into gold or other reserve assets except in amounts and conditions determined to be in the interest of monitor instability and in the best interest of the united states. but it was not a temporary measure at all the u.s. president definitively kept the fixed relationship between the dollar and gold. the donor became a floating currency like every other currency of around the world. all the currencies of the world that were either tied to the u.s. dollar of the british pound by 1971 we're now pure fee at currencies they're not
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backed by anything they're just backed by the confidence that people have in those currencies. abandonment of the gold standard cleared the way for significant currency market speculation. the free circulation of capital on international markets intensified it was the beginning of a period of great financial instability. yet. 2 years later in 1973 another major event occurred the 1st oil crisis. in one year the price of crude oil soared going from $2.00 to $6.00 a barrel. as a normal necessity to begin to meet. the dude it could be carter wanted innocent guns like it insists on this subject don't include the absolute perfect demanded
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a good imagery and saying that democracy would sit up of boredom and no one knows them and that their knowledge will not suddenly produce be colored boozer. comedy block no country exactly want to be sure what it will. be sudden increase in the price of oil weighed heavily on the world economy. they put the brakes on growth. production costs went up prices went up to. inflation is skyrocketing. high inflation has a major drawback it impoverishes savers and investors since their money depreciates . for governments inflation became a new enemy to be defeated at all cost. after removal going on would have wrestled brutha ever sat up at all those are the 5 always elitists know yeah
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follow easy late class will this no see you for valley going to me community you really are out there see going to be on the side out you cause i said i used to are classic you just don't call me a serial if what i was eagleman known gone by gar on her credit during the debate you feel silly it put you to such an icon by the convo oppa like you the idea to dish well much other friends your much of the money for today are see. but really dig that do the kills you simply did before i welcome knowledge on global use it is on top when i recall so much if there are so many to not exhaust if one or is it an economy to defeat it on a cyclical season was when ago to make it up it will moan that it is always under an economy with a monitor fault which is additional lies of trying to buy them for us you just got a bill that the developer is good at it can do pretty good continue said it.
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but nobody but. i don't not understand yelling or what you. please you. have no order. now that it be weeks on a back to the hard basket will be the kimosabe on the day. if you didn't know but starting in the 1980 s. the industrialized countries began to borrow heavily on the international market after which their public debts would never stop increasing. margaret thatcher became prime minister in the u.k. and ronald reagan president in the united states it was the advent of neo liberalism and economic doctrine that also spread throughout europe.
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governments everywhere were lowering taxes privatizing public assets these would be the years of easy money. stock markets expanded wall street in new york the city in london. on both sides of the atlantic governments deregulated bank credit unchecked capital flows moved through markets worldwide. by deregulating and liberalizing those governments became dependent on financial markets which by then were an inescapable part of the economic system. the debt machine was taking shape nearly everyone went into debt governments businesses and individuals. the economic system had turned into a machine for creating debt. and the banks got rich on the interest paid by
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borrowers. credits became the primary fuel for growth but how does created work. banks possess only a small amount of the money they lend money is created by private banks on a simple request for credit and a promise of repayment. the sum is raised as soon as the loan is repaid that is a huge thing and it's. how we've always created money from the beginning and it's a wonderful thing if you have a banking system that can create credit like that is a very good thing. because it means you can create finance in a crisis you can bail out a id you could finance climate change you could you can finance a war and that's how we've always done this the public hasn't understood that the public thinks that money comes from me working hard if you know for as you know during the soil working hard and at the end of the month i am money we are all
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wrong the bali bomb get rid of it so the let that a 1000000 people off of the renewable. become leftovers d.l. says can bury the view of a national. divide that with a 1000000000 people really i believe it lives a little more lawyers and we are for me to do it because there are no border little locket did the new york city lit up usually lectures on with there the order of a new orleans. clear about it wanted to say about the present or to know the gone piece also done on dollars and cents on this persona for example if there is another name to tell a soul economical lover bought his goods or to produce the product document utility economy manassas on if you know going to tell you going to the central banks produce 5 percent of the credit in the world the private banks produce or create art of the net 95 percent of the credit in the world and they have no virtually no
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regulation over that now what kay has argued in the 1930 s. was. we must manage this process it can create vast bubbles of debt it can go out of control. the 929 wall street crash in the united states prompted the british economist john maynard keynes to warn politicians the credit machine needs to be controlled to benefit all of society not just speculators. when we managed the financial system between 19051971 there was not a single financial crisis anywhere in the world and then in 1971 the bankers lobbied and they said no no no we don't need controls you know the market will discipline us we will blah blah blah and we began to lift all these regulations and
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crises began one after the other 1st at the periphery and then in a coup. 1909 saw the birth of the euro and the european central bank had been created to ensure its stability. at the time global growth was strong the level of public debt was starting to decline europe was breathing easy. confident financial markets lent generously to governments and the weakest economies spain greece italy portugal suddenly had access to loans a very low interest rates close to those available to germany. that low cost financial windfall was an economic boost all was well thought out.
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meanwhile in the united states america's housing bubble was expanding and in 2007 the subprime crisis struck thousands of homeowners lost their homes they had taken out loans with interest rates that rose sharply and they found themselves unable to make their mortgage payments many banks were in danger. on september 15th 2008 lehman brothers one of the largest u.s. investment banks collapsed. and filaments because it is certain must
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begin to. present itself so that your couscous a posse of honesty didn't want was there so give you the presumptive don't let. them continue to look good if a few more on. debt good with a present for the currency get on play. good hockey live for it could be done you can't just wanted an ecosystem that is surprising us that in a while the reason. you don't is all going to have it is coming every other time is develop for. us it ok probably also on our ration the sequel is commercial good i took up so i did a fade to distribute the go on to choose what is on it would suggest that the other animals.
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after the fall of lehman brothers european banks with close links to american banks risked bankruptcy in turn. governments only just managed to save them in order to avoid the collapse of the whole system. not on an officer who you want to switch on that are keeping your bank to god you have to prove the devil bloop it is actually take you on to the proof if. ya got proof no proof was 300 proof or food near proven food in a prison guards in prison going to prison on a system hostile if itis was. in spain and in ireland after the advent of the euro and thanks to loans from german french and british private banks developers invested heavily in real estate
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. and a big don't need to back order to the good meaty danny and the rest by no knock off it is a or both back to on your longer. than yours morgan old labour's why not speak you live on our own laughing did you blair in gabby douglas cause you shift to new york on one dot. com you loudly grandma you guardedly booklet victimized and order the book. in the battle are. it in blue sybil letty ski said country back they bet your salad bar. the movie accuracy if lisita. norbu daughters well want to go on fellows for disability or so-called out of sector if you know you don't do you want on that last program i applauded the drill more gas i got hearty if i had to get home or to play better soon be back i can bark if you know he also can face a cost that he'd been did indeed p.v.
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equals dolly and eva do conventional mass that you can often do that that people. indicates that you have for us. at least the army has the potential to be biased in a number of different ways there are too many opportunities for the computer to get . in those offices who commit those data entry is wrong to be saying that your son the shinai is wrong to. kill of becoming a suspect before the actual crime and in-depth examination into preventative policing pre-crime on al-jazeera. you stand the differences. and the similarities of cultures across the world.
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al-jazeera. it could be the biggest land grab in history. as powerful nations lay claim to territories under the ocean $21.00 geologists are secretly plotting new borders. as the struggle for resources intensifies some of the world's most powerful scientists speak out. oceans monaca on al-jazeera. al-jazeera where every.
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you're watching al-jazeera with me so raman in doha a reminder of all top news stories kenya's finance minister henry erotic has been arrested over it done construction scandal it marks the 1st time a sitting kenyan minister has been arrested on corruption. charges he and other officials are accused of planting procurement rules when they awarded the building project to a bankrupt italian company has denied any wrongdoing after about 5 years in somalia are claiming responsibility for a bomb blast which killed at least 10 people others were injured near the international airport in the capital mogadishu a suspected car bomb blast and gunfire was near a security checkpoint a syrian government air strikes have killed or wounded dozens of civilians and province several people are believed to be trapped under the rubble after a busy market came under attack and britain's prime minister to resign me is holding an emergency meeting to find a way to respond to iran's seizure of a u.k. flagged oil tanker london is reportedly considering
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a range of options including limited sanctions to iran maintains its action was legal and the vessel broke maritime rules palestinians are being made homeless because israeli forces are demolishing their homes despite mornings from the un and the e.u. residents of why the homeless lost their 7 year legal battle to over overturn a military of action order where israel's high court dismissed their case philippine president reagan to turkey is calling on congress to reinstate death penalties for drug related crimes to tears he delivered his state of the nation address where he put pushed for constitutional amendments protesters have gathered across the philippines calling for his resignation. hogan's e to carry lumber strongly condemned violence following a mass rally against a government police fired tear gas and rubber bullets to disperse crowds outside the office of china's representatives to the city criticize people who threw eggs at the building and vandalized the national emblem. and later in the night dozens
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of mass to man attack people returning home from the rally videos on social media show a group of men dressed in white and armed with that storming into a metro station in the district on the outskirts of hong kong in opposition politicians blame the attorney called suspected gang members and say they'll investigate those for the headlines here on al-jazeera back with the news hour in 30 minutes but we continue with the debt machine to stay with us.
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2008 financial crisis threaten to completely disrupt the global financial system governments made the choice to bail out big banks and to rescue troubled economies . in our cool to get off. the so that you play borg posse go back some release talking a bit pascoe see and said it was all planned out of. i'm only going to me and fred
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but it's a club law doesn't put extra with the name extraordinary. seabrooke the fairly back . leapai feet also any proof would a pretty ample to keep do. have a good talk slap of some who are both a last good sign up of the. school feel the best little settle out don't sit back as you know excelled in a basket be forgotten faster want to be able to pay to go meet up. she'd be a. little visitor you could see people a communal. busk you call it a says do p.c. signals c c c that it will be real label q.q.
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pretty. lawyer because if you do see if you will a new will function and will bless the debunker top post you could make. if governments had to bail out the banks it was because they could not be allowed to fail since those banks are us they are the accounts of millions of citizens we are caught in the debt machine. the economic crisis and the government bailouts of the banks led to a spectacular increase in public debt in iraq the deck machine spiraled out of control. the 1st country to declare bankruptcy was greece in november 2009 the newly elected
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prime minister george papandreou revealed the real figures that had been hidden by the previous governments greek public debt had reached 129 percent of g.d.p. well above the 60 percent threshold set by the master treaty. he asked for help from europe. now you do from a good to see most obvious addendum as in every bank you. can enter will be easy to miss and his most ethics is one reason. that announcement was like a bolt of lightning striking. the german chancellor weighed in on the question of didn't mind went down did they all 3 did so-called and. even that sort of those are hard work and so i learned the additional unfortunately some long view of so-called end for tots like the common theme isn't that we do masses
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of a movie as a lot of them are on their list even being online for the see him and him of you don't he's never done the most commonly used to one another. in 1902 the master treaty set out the terms for e.u. integration it forbade the european central bank from bailing out indebted countries would european governments respect these terms would they guarantee greece's debt should part of it be restructured or cancelled or should they help greece pay its creditors the heads of state could not reach an agreement as europe hesitated and markets speculated on the greek debt confidence collapse the fear was that if greece restructured its debt might the markets pull back from spain from italy from la belle frosts and might not
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europe bring upon itself the catastrophe that it so wished to avoid and therefore the argument was it is far better to give greece all the money it needs to repay its indebted notes then to run the risk that the market would perceive a sovereign restructuring in europe. as infectious as contagious. only after 6 long months of crisis europe finally decide its bite resistance from germany to lend greece enough to pay its creditors. a small loan out whenever it has you broke new on brooke oh ok i'll sit there and you can see like i said a baton a lot less you know over overpass unclear cement and as i fell on i could problem in europe i would be close to rub it off because it you know put it in a buy you comment unless it be your bell on this you did with this looky as you
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know we do listen as we know it would dislocate if not it is attack last year in a pretty hot baggy accountable homeo number one our own teratoma school we want. to do or dip immediately. said product is off it gets closer so visit our o.b. or keep the soups they do at a kiosk e.p. very cool. as you say if you ask about it not one euro debt has been written down in these years what has changed is the identity of the creditor so money was owed to bondholders in 2010 it's now into the i.m.f. in the e.u. . if you can solve a debt crisis simply by changing the identity of a creditor and then this one is solved. being in debt isn't only about owing money
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it's also about being in the wrong there is the financial data but also a psychological debt that weighs just as heavily on the inhabitants of the indebted country. debt and. kind of double jeopardy. or did you it us economy so to decrease you know it could be oh nah x. if this if you nice job bust. says if one day i want to capability economy. just because i happen to live in greece somehow i'm a sinner i'm a bad person because of some political acts done by political representatives of
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one kind or another. therefore it's ok for people to have their lives destroyed it's ok for people to have to tax through garbage and not have anything to eat it's ok for cancer patients to be denied medicine if we're ever going to have morality in the world we need to absolutely reject that logic if there's individuals responsible hold them responsible but don't hold a college to very responsible for the deeds of. to resolve the greek debt crisis the e.u. granted financial assistance in exchange it imposed to kearney an austerity program the country was placed on to stewardship and last part of its sovereignty it was placed under surveillance by the troika the 3 delegates of the european commission the european central bank and the international monetary fund.
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other countries in the eurozone. hello there we have the usual shout out of the northern sections of south america and then you see this line of trout bass indicating a frontal system is a fairly slow moving system to quite stubborn so producing rain for the next couple of days would across much of europe wide dry and when his hours of the high 30. 10 celsius on monday a little bit milder on shoes at about 12 degrees and a warm day on tuesday in rio and it's a good sunny skies
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a high of 27 degrees celsius then we head up towards the north now we have got to round of storms working their way towards the the windward islands we have also got some rain working its way across into the dominican republic and in fact that is on monday choose to suppose further towards the west you can see we have got a shot later in the day central america quantock out across the region guatemala. dry all monday 24 degrees celsius unissued be a better day on tuesday less rain sunny and a 1000 miles ago 22 is the high in mexico city and stem with a high of 32 degrees now the main story the united states has been about the heat it is easing over the next 24 hours so already the signs of a cool down a very much on the cards we have got rain though this front works its way eastwards cooler air behind if anything feeling cool on sheets of the hot 25 in washington. the weather sponsored by countdown a. victim.
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being his past as an instrument of pinochet's brutal dictatorship a father tries to forget. but his son's quest for answers reveals there are often 2 sides to even the darkest of stories witness the color of the chameleon on al-jazeera. this is al-jazeera. alarms the whole room when you're watching the al jazeera news line from our headquarters here in doha coming up in the next 60 minutes finance minister arrested for corruption over the construction of
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a down. also dozens of civilians killed in syria as it looked probably some 24 hours of intense strikes. and deciding britain's next move over the seizure of an oil tanker by iran treason made summons officials sort of urgency meeting and. another day of protests as puerto rico's and battle governor says he won't seek reelection but refuses to resign will be long. even the capital someone. i'm going to ask that with the sports doping protest at this one meanwhile championships is a competitor refuses to share the podium with his rival. but which of these are good to have your company can years of finance minister henry rhotic she's in custody after being arrested over the construction of a dam it's unprecedented in kenyan politics he's the 1st sitting kenyan minister to be arrested on corruption charges he and other officials are accused of flouting
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procurement rules when they awarded the building project to a bankrupt italian company. that denied any wrongdoing well following the stories catherine so our correspondent is currently in some guru county in the north of kenya this is a significant arrest catherine with some very high profile people attached to the charges what is he being charged with. we don't have the charge. but expect broadly he's going to be charged with a comic crimes that maybe charges. management of public also procurement irregularities but as you mentioned this is a very significant development because he is so high profile and he surrendered himself to the police today alongside his deputy and others of a part of that was commissioned to oversee the construction of these dams the
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director of public prosecutions has also issued an iraq arrest warrant against. the italian company that was when the take this construction and you know very heavy you were dead statesman the d.c.i. the director of public prosecutions say that this construction we're talking about has not even begun 4 years after it was commissioned he talked about all the pricing as well he said that the negotiated cost was about $600.00 m. that the $1000000.00 but this was overpriced by $170000000.00 a quarter of each a quarter of which has already been paid out including money that was meant for compensation of the land where the dams are supposed to be the d.c.i. is saying that there is evidence that this land was not even purchased in the 1st place so hill this is a story that is not new in kenya this. has been grating on for a while and
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a lot of kenyans want to see not just arrests but also convictions and those found culpable perhaps having their accounts food or the money paid back to taxpayers it didn't of course come through corruption as you sort of suggest it is an issue that's eating away at the very fabric of daily life in kenya you can't get any jobs done without paying a backhander to try and get the facilities that you need how bad is it really getting because the president really is trying to stamp it out. well absolutely i mean corruption is entrenched in this society you know traffic policeman trying to get a bribe from you know public service of you call employees because of a fire or something like that or just a kenyan who pays a bribes that they can get faster service delivery but what we've been seeing over the years is a huge public scandal involving millions of dollars of public money we've seen
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government officials senior government officials being arrested we've seen some cabinet ministers being forced to step aside but a lot of kenyans are saying well this amount to nothing because after that nothing goes on going forward we've seen some court cases the drug on and on with not seen any serious convictions we've not seen any public money being returned back and yes the president has said that this fighting corruption is one of his biggest priorities he wants to leave that legacy but people are saying that he's not doing enough to end this minister and we're talking about has presided over a public debt of 4 of $4000000000.00 and we've heard from the prosecutor not the prosecutor general we've heard from the auditor general of kenya the 30 percent of public expenditure is lost to corruption and mismanagement so a lot of people watching this and that saying that the president his government needs to do needs to do better if this fight against corruption is going to be one
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for the moment who of course follow the story as the day progresses catherine sawyer in kenya for us thank you. well henry wrote it has been arrested for alleged fraud and financial misconduct alongside 27 other senior officials now the list includes his number 2 on the italian who heads the company in question c. and c. d. vanna was contracted to oversee the building of 2 terms with the national budget to $446000000.00 kenya's chief prosecution says no. the $16000000.00 was allocated for the project the dams were meant to be completed by 2021 but after the company declared bankruptcy construction stopped the projects for part of a present vicious project to transform the country's infrastructure by 2030. is a political analyst he joins me now from nairobi good to have you with us on the program a serious arrest of a sitting minister he's been under investigation for several months is it an open
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and shut case the police seem very confident that they have all the evidence. many high profile people being prosecuted in kenya and. lived through it but the interpreters to go through the system. taken to court and up on duty and they're convicted in the past you've heard that many cases of people including cabinet secretaries but it never ends up in any prosecution it never ends up in any conviction will this rest in the charges that come with be seen as having sort of political overtones as raw teaches from the opposition and was an appointee forced on the president by his deputy william ruto the potential next president.
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the reason why the very important is because. production. gets of the cabinet secretary. so it's not going to cause any anywhere. any questions pulling them so you don't need to be the main reason is that you sure. need to do. the president. politically then why has corruption been difficult to get rid of. the country. is going to want to know why has corruption as an issue been so difficult to get
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rid of kenyan society successive political leaders been unable to tackle the subject. people should corruption in kenya even storm dick and harry it's people with very theater that political capital. and when didn't get you caught up should they get some of the best legal advice that money could buy so they kitted you know drug on for months or years and maybe and you know every day if you've compromised the day you can with people you want to get them out convicted that they might be able to take it. down and come up with a mate. when they're feeling from the attack it's almost impossible to get that big upgrade anywhere you go to court but you talk them out of. death. because they did not feel buddy that quickly because of lack of evidence and that the biggest selling job in kenya to be we should continue to monitor this story for the moment
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disperse morcha thanks so much for joining us from nairobi so i thank you. about fighters in somalia claiming responsibility for a bomb blast which killed at least 17 people 28 others were injured near the international airport in the capital mogadishu the suspected car bomb blast and gunfire was in a security checkpoint. britain's prime minister treason mayors held an emergency meeting on iran's seizure of a u.k. flight to oil tanker on friday the u.k. is reportedly considering a range of options including limited sanctions as part of its response the ship with $23.00 crew members on board was seized in the strait of hormuz and is now docked at an iranian port iran says the tanker collided with a boat and broke international maritime law well tehran manes that the seizure of the tanker was a quote legal measure dosage of arias live in the iranian capital but 1st let's cross over to lawrence leigh in london lawrence we were expecting of course a significant high profile cabinet meeting to draw to
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a conclusion it has ended what can we expect to come out and when will we hear. you know it well it wasn't a cabinet meeting it was a meeting of the government's emergency committee which is known by its acronym of cobra and it's and has always held in secrets it's finished finished now and all the participants of left in about an hour and a half from now the current foreign secretary under he's going to speaks apartments and the expectation is that he's going to announce some minor sanctions against some people in the iranian revolutionary guard and talk about the possibility of sending more assets to the gulf the big question is whether he's going to change the u.k.'s position to support what the americans wants which is participation in a much bigger multilateral sea force around the straits of hormuz in the gulf so after sort of a shepherding service sue prevents the seizure of tankers and to allow the tankers to go through at the moment the u.k.
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seems to be reticent to participate in that but there are quite a lot of pressure not least because a we've now seen glaringly. the u.k. has so few assets in the navy anymore it is incapable of protecting its own tankers apart from that the other problem that they've got is that there's going to be a new government in 2 days' time and stories amaze that prime minister won't be there anymore jeremy hunt the foreign secretary might not easily might not be there and very many of the other politicians who took part in that cobra meeting this morning might have been out of position at about a post rather. and the question of course is that if there's a new cabinet under say boris johnson as the prime minister will the position shift and so in that sense whatever jeremy hunt is the foreign secretary until at least until wednesday says the new might not be the position by the end of the week or 5 update thank you lawrence lead our correspondent in london let's cross over to tehran and also to baris also following events there was also an earlier news conference held regarding the tanker issue what was said to.

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