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DPP orders Eurobond investigations

02 December 2015, 13:28 Victor Tinto

Nairobi - Director of Public Prosecutions DPP Keriako Tobiko has ordered for investigations into the scandalous Eurobond scheme.

Tobiko has directed the Ethics and Anti-Corruption Commission EACC and the Directorate of Criminal Investigations DCI to investigate the KES 250 billion Eurobond deals.

This follows queries by the opposition and civil society over the transactions which they feel to have been misused or wasted.

In a letter Wednesday, Tobiko ordered EACC and DCI to investigate the transaction records and record statements and report back to him in 10 days.

Tobiko expressed concern that in the last couple of months, several allegations concerning the matter had been widely reported in the media.

“I am informed that your respective agencies have commenced and are undertaking investigations into the matter,” he said.

“This is, therefore, to direct you to interrogate, record statements and obtain evidence from all parties concerned and forward the competed file to my office within 10 days for perusal and appropriate directions”, he added.

This follows the move by CORD leaders to ask the government to declare and make public the use of the Eurobond cash within 14 days.

CORD leader Raila Odinga had stated that it was a must for Kenyans to be explained to where the funds went to as it was their right and that the money would eventually be paid by taxpayers.

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