Raila Eurobond exposé sheer economic sabotage – Rotich

January 15, 2016 8:50 am
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Raila Odinga has relied on outright lies, and subversion of the truth for political gain and at the expense of the Kenyan economy - CS Rotich.
Raila Odinga has relied on outright lies, and subversion of the truth for political gain and at the expense of the Kenyan economy – CS Rotich.

, NAIROBI, Kenya, Jan 15 – National Treasury Cabinet Secretary Henry Rotich has termed the release of the so called ‘Eurobond names’ by Opposition leader Raila Odinga as an act of economic sabotage.

While discounting the CORD leader’s assertion that the proceeds of the Eurobond were unaccounted for, Rotich pointed out that the Opposition leader’s statements will keep away investors.

In a statement, he emphasised the need for the Kenyan people to hold him to account for lost opportunities now and in the future.

“Despite these ongoing processes, Hon Raila Odinga has persistently been making allegations that the proceeds of the Eurobond were stolen or unaccounted for. However, when asked to provide any evidence which could assist the investigative Arms of Government, he has failed consistently,” he pointed out.

“Raila Odinga has relied on outright lies, and subversion of the truth for political gain and at the expense of the Kenyan economy.

“Clearly, these statements are meant to hurt the Kenyan economy through sabotage by keeping away investors,” he asserted.

Odinga on Thursday released a list of 10 individuals he termed as ‘persons of interest’ in the alleged Eurobond scandal and some of the people accused have already threatened legal proceedings against him.

“Over the last three months the issue of the Eurobond has been in the public domain. During that time, the National Treasury has consistently and comprehensively responded to the issue through the media and posted the relevant documents on its website. Further, the National Treasury has also presented the same information to Parliament,” Rotich went on further to explain in the statement.

He pointed out that the Ethics and Anti-Corruption Commission and the Director of Criminal Investigation have already carried out their investigations and forwarded their report to the Director of Public Prosecutions (DPP).

“The DPP has summarised the findings of the EACC and DCI as follows; no government official was found culpable; recommended that the file be closed; and that the Auditor General carry out a special audit in ministries/departments and agencies to verify how the proceeds of the Eurobond were applied,” he stated.

The Treasury CS stated that there was nothing new in what the CORD leader said and that all the information is already in the public domain.

He stated that the officers mentioned were in the course of ordinary government business and that there is no evidence of misconduct on their part.

The Opposition leader had made it clear he was linking the individuals to the scandal based on their positions at the Treasury but appeared to step into a legal minefield as indications of libel action began streaming in.

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