Connect with us

Hi, what are you looking for?



Eurobond ‘scandal’ was a simple lie told many times – Ahmednasir

Senior Counsel Ahmednassir Abdullahi says CORD was simply telling a lie to advance their agenda. Photo/ FILE

Senior Counsel Ahmednassir Abdullahi says CORD was simply telling a lie to advance their agenda. Photo/ FILE

NAIROBI, Kenya, Jan 10 – The Ethics and Anti-Corruption Commission (EACC) findings on the alleged Eurobond saga continue to receive mixed reactions with some accusing the body of conducting a shoddy job while others say finally the government has been vindicated.

Director of Public Prosecutions Keriako Tobiko on Friday said the EACC investigations had found there is no criminal culpability on the part of government in its handling of the funds raised through the Eurobond.

Lawyer Ahmednasir Abdullahi says following the EACC findings, it is now clear that no, “Sh140b was stolen. Simple lie told many times.”

To him, the opposition wanted to gain political mileage by consistently telling a ‘lie’.

The Senior Counsel, popularly known as the Grand Mullah said, “Eurobond was a mass political hysteria designed and executed to destroy careers and even the economy.”

EACC recommended that the investigation file be closed and the Auditor General be tasked with auditing the expenditure of the funds to ensure Kenyans received value for their money.

“The Auditor General being the independent body with the mandate to audit accounts under Article 229 of the Constitution to carry out a special audit of the development projects that were implemented by Ministries, Departments and Agencies (MDAs) in the financial years 2013/14 and 2014/15,” the EACC recommends.


He didn’t take it lightly and even went ahead to shame those, “who lied to us.”

“DPP puts the fact in the open on Eurobond. I knew from the moment CORD leader refused to tell us the truth that they were playing politics,” he posted on his Twitter handle.

Advertisement. Scroll to continue reading.

Opposition leader Raila Odinga has however given three days to the Director of Public Prosecutions to release the names of the Government officials who are involved in the alleged saga failure to which he shall take it as his responsibility to expose them.

EACC had summoned Odinga over his allegations but he failed to physically appear before its detectives and instead presented various documents through his lawyers.

Odinga’s concerns, according to the anti-graft body are largely based on two Treasury documents: Quarterly Economic Budget Review for 4th Quarter of 2014 /2015 and Budget Review Outlook Paper dated September 2015.

Odinga’s document has nothing to show “how expenditures have been faulty or not.”

The Director of Public Prosecutions, who received the file on Friday, is yet to take a decision saying he needs time to review the file.


More on Capital News