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Eurobond cash is not lost, Ruto tells Raila

30 October 2015, 17:25 William Korir

Nairobi - The Eurobond money is not lost, Deputy President William Ruto has told CORD leader Raila Odinga.

Ruto has assured Kenyans that the government can account for proceeds from the Eurobond.

“No government can misappropriate Eurobond money or those from hard-earned taxes.

“I want to assure Kenyans that their money is safe. We have put the money into good use,” he said.

He said there should be no cause for alarm as the government can account for every cent spent on development.

“We can count for every cent used in (the) development of this country and those who do not understand the economic dynamics should give us a break,” said Ruto.

Ruto said the country’s economy is strong despite the cash crunch.

He said internationally recognised institutions such as the International Monetary Fund and the World Bank have given Kenya’s economy a clean bill of health.

He described those saying the country’s economic situation is headed in the wrong direction as “laymen in matters of (the) economy”.

“Such leaders have no economic capacity or knowledge to claim that the country’s economic situation is headed in the wrong direction,” said the Deputy President Friday.

On terrorism, Mr Ruto lauded residents for cooperating with law enforcers in fighting insecurity in the coastal region.

“It is (impressive) that acts of terrorism in this region have reduced because of cooperation between police and wananchi in identifying those undermining peace efforts,” said Ruto.

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