I’ll not be intimidated over the Eurobond—Raila

December 13, 2015 7:03 pm
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The former prime minister insists that he has evidence to back his claims on the alleged misappropriation of Sh140 billion because even ministers have been unable to compile a list of projects funded by the Eurobond proceeds. Photo/MIKE KARIUKI.
The former prime minister insists that he has evidence to back his claims on the alleged misappropriation of Sh140 billion because even ministers have been unable to compile a list of projects funded by the Eurobond proceeds. Photo/MIKE KARIUKI.
NAIROBI, Kenya, Dec 13 – CORD Leader Raila Odinga on Sunday said no amount of threats and intimidation will stop him from seeking for accountability of the Eurobond expenditure from the government.

In his response to President Uhuru Kenyatta’s Jamhuri Day address, the former Prime minister said he has already given the Ethics and Anti Corruption Commission (EACC) all the information it required and will not honour Monday police summons.

“I shall not be intimidated by consequences of going to jail because I have been in jail for more than a hundred times,” he told a news conference at the Serena Hotel.

He told President Kenyatta to answer the key questions arising out of the Eurobond expenditure as he would not stop demanding for answers.

“The President should answer Kenyans and tell them how the Eurobond money was spent instead of harassing me,” he said.

The former prime minister insists that he has evidence to back his claims on the alleged misappropriation of Sh140 billion because even ministers have been unable to compile a list of projects funded by the Eurobond proceeds.

“We are aware that ministries have been asked to compile projects to show how the money was used but they are unable to do so because they have no projects to show,” he claimed.

He added that the Government is accusing those asking questions of economic sabotage because the value of the bonds it sold to foreign investors has depreciated.

“The value of the bonds has fallen because the Government is unable to provide credible answers to questions that are as much of interest to investors as they are to us, not because questions have been asked. If we keep borrowing money and squandering it, we will sooner or later default, and all serious investor knows that,” he said.

President Kenyatta on Saturday warned the opposition leaders to prepare to face consequences if they continue making unsubstantiated claims about corruption in government.

Odinga has been summoned by EACC detectives to shed light on his claims that Sh140billion from the Eurobond was mismanaged but has since vowed to ignore them.

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