President William Ruto last night moved to avoid a legal minefield after presenting a memorandum to Parliament formally withdrawing the controversial Finance Bill, 2024 without which it would still have become law after 14 days.
“I decline to assent to the Finance Bill 2024, and refer the Bill for reconsideration by the National Assembly with the recommendation for the deletion of all the clauses thereof,” the President said in the memo, notifying Parliament about his reservations about the proposed revenue-raising law.