Cord leader Raila Odinga has faulted the Jubilee government for allegedly failing to tackle graft in the Country.

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He said the president Uhuru Kenyatta-led regime has been on top on matters corruption, as it was revealed by a latest Transparency International Corruption Perceptions Index 2016 survey.

It placed Kenya at position 145, which is among the corrupt nations, globally.

Odinga revealed that Jubilee is syndicating 800 million dollars to international bank loans, 'not for development but to plug the holes that their looting has created'.

"The day of reckoning is here with us. Those who thought it would never come can now see for themselves. Companies are retrenching daily. The stock market is in free fall,'' he said.

He noted the shilling was being propped up by massive Central Bank of Kenya (CBK) interventions, to the extent of gagging market analysts from making exchange rate forecasts.

"Many government suppliers have not been paid for a year or more. Many suppliers are facing financial ruin as banks recall loans they cannot pay. Only the corrupt are thriving in Kenya.''

In his address to the press, the Cord leader indicated corruption was the only industry doing well in Kenya, with support of Jubilee government.

"The administration feels nothing. The entire Cabinet is being rolled out at the expense of tax payers to rally votes for Jubilee in readiness for more plunder,'' said Odinga, Friday at his Karen home.