Top economists who argued against the measure included CBK Governor Patrick Njoroge Finance Minister Henry Rotich Treasury Principal Secretary Kamau Thugge and Paul Murithi Muthaura of the Capital Markets Authority supported by the Kenya Bankers' Association (KBA) and the Nairobi Securities Exchange (NSE)...
However the Treasury Principal Secretary Kamau Thugge an economist insisted that there was no money missing from the state accounts but only a lack of the correct supporting documentation for purchase orders...