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CBK Governor refuses to meet Raila

20 April 2016, 19:42 Victor Tinto

Nairobi - Central Bank Governor Patrick Kamau Njoroge has refused to meet with CORD leader Raila Odinga.

The CBK Governor had been asked by the opposition leader to meet him to discuss the KES 400 billion Eurobond and the use of the controversial KES 250 billion that had allegedly been misappropriated.

But the CBK Governor says that he has nothing to tell the CORD leader as the relevant details of the transactions are available at Treasury.

" The details are found at treasury. That can be accessed upon request," he told News24.

The CORD leader has for the last 6 months pushed forward claims that the funds have been misused by the government.

A recent report stated that KES 120 billion from the Eurobond had been used to clear debts accrued by the previous government.

Treasury CS Henry Rotich told a Parliamentary Committee that the funds use had been necessary because the debts were due to be serviced.

Treasury has always refused reports that the bond had been misused by the government saying that they have been invested in infrastructure projects.

- MyNews24

Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.

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