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Mudavadi wants Treasury to make public information on Eurobond

07 December 2015, 13:08 John Kioko

Mombasa - Amani National Congress (ANC) party leader, Musalia Mudavadi wants Treasury Cabinet Secretary, Henry Rotich to make public information about KES 250 billion Eurobond cash.

Mudavadi has criticized the move by Rotich to invite Cord leader Raila Odinga to have access and scrutinize the details on the cash expenditure.

The ANC leader who was on a tour in Kwale said that if the CS has nothing to hide, he should tell Kenyans the truth about Eurobond since it is a matter of public interest.

Director of Public Prosecutions, Keriako Tobiko has already ordered detectives from Ethics and Anti-Corruption Commission (EACC) and directorate of public prosecutions to probe CS Henry Rotich and PS Kamau Thugge and file their report in 10 days.

“That is not an issue for inviting two or three people in seclusion but for all Kenyans,” he said.

Read Also: Treasury reveals how it spent Eurobond cash

Odinga however declined the invitation by CS Rotich saying that the information should be made public because Kenyans are the ones going to pay for it.

The opposition chief has given Treasury a 14-day ultimatum to make public the information on how KES 140 billion was spent.

Odinga has said that Rotich has no power to summon him and instead he (Rotich) should avail himself to the former Prime Minister's office.

“The government shot itself in the foot by failing to take the money to the consolidated fund by the time Kenyans gave in to its decision to borrow,” added Mudavadi.

He said it is suspect that the money was not taken to government consolidated fund at Central Bank and that is why they are withholding the truth.

“Questions have been raised on how the money initially intended for larger projects, ended up being shared out among ministries,” he said.

Mudavadi took issue with coast region which is poor despite the fact that it has adequate resources, blaming the issue on lack of commitment and political goodwill.

“Land and infrastructural development issues remain very critical in the region although there has been numerous promises from the ruling government,” noted Mudavadi.

He said the only solution is change of leadership.

Mudavadi is on Thursday met party members in Kwale town and Kinango before proceeding to Msambweni and LungaLunga.

His three days' tour in Kwale ended on Saturday during a fund drive at Lunguma in Matiga constituency.

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