RAILA warns the international community over Kenya’s next Eurobond - It will be stolen!

... above named persons/entities proceed with the issuance of any new International Sovereign Bond (Eurobond) by the Government of the Republic of Kenya without satisfactory resolution of the unresolved matters raised in respect of the 2014 Eurobond, then the named persons/ entities risk declaration of such debt as odious debt by the Government of Kenya, acting on behalf of the People of Kenya,” Raila said.

The former Premier said that the current regime had failed to explain to Kenyans how it spent the proceeds of the Sh250 billion Eurobond issued on June 24, 2104.

Raila also said a significant portion of the proceeds from the first sovereign bond amounting to $999 million (Sh9.9 billion) were not deposited into the Consolidated Fund. 

But International Monetary Fund (IMF) first deputy Managing Director, David Lipton, said the money was moved to the Central Bank’s accounts and then put at the Government’s disposal. 

Read Raila's full statement here>>>>


Page 1 2

  1. The Famous Witch who made People eat grass should know is Raila's turn to Eat grass

  2. This man is better dead.

  3. pure lies and hatred.

Leave a Comment

2012 The Kenyan DAILY POST. All Rights Reserved. - Designed by Denno