Amani National Congress leader Musalia Mudavadi says he had raised suspicions about the country's borrowing appetite several years ago.
In a tweet on Wednesday, the former Vice President said his sentiments about Jubilee's economic policy have been vindicated following the revelation by Moses Kuria.
Besides over-borrowing, Mudavadi said, the country has been spending without proper checks and balances, leading to massive corruption.
"I've repeatedly raised the red flag in regards to the management of the Country's finances. We've been over-borrowing, overspending with no checks & balances," he said.
"If the allegations by Hon. Moses Kuria a member of the Finance Committee are true, this vindicates what I've been saying," added Mudavadi.
For over two years now, Mudavadi has been critical of President Uhuru Kenyatta's government, accusing it of lacking accountability and honesty.
Gatundu South MP Moses Kuria, a member of Budget Committee, on Tuesday, claimed that the government has been cheating on borrowing rates.
He said President Uhuru Kenyatta’s administration has committed ‘treason’ against Kenyans, which, in effect, means it has betrayed the trust of those it is supposed to serve.
“For seven years, we have lied about our debt, we have cooked books, we have cheated people that we do zero-based budgeting. We have taken loans at 9 per cent that left people offering us money at one per cent. That to me is treason…” said the MP.