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Rotich to sue Raila for naming him on Eurobond list

14 January 2016, 15:35 William Korir

Nairobi - Treasury CS Henry Rotich says he will sue CORD leader Raila Odinga for naming him on a list of alleged Eurobond thieves.

Rotich was among officials implicated in the scam by Raila On Thursday, in which the CORD leader claims as much as KES 140 billion out of an estimated KES 400 billion borrowed has allegedly been lost.

In a rejoinder following the release of the list, Rotich said he would institute legal proceedings against the CORD leader for tarnishing his name.

" The EACC has recently come out and stated that there was no wrong doing on the part of Treasury so the allegations today are baseless and meant to tarnish my name," he told News24.

" I am already in touch with my legal team and we will see the way forward. This cannot be allowed to happen," he added.

Raila named Rotich, Head of Public Service Joseph Kinyua, Treasury Permanent Secretary Kamau Thugge and former Central Bank of Kenya Governor Njuguna Ndung'u, Central Bank chairman Jairus Nyaoga, Benard Ndung'u, John Birech, Moses Muthui and Patrick Kamau as the persons behind the Eurobond theft.

Read also: Broke MPs locked out of Hague trip

President Uhuru Kenyatta had also previously warned Odinga and other opposition leaders of consequences if their allegations of Eurobond theft were found to be false.

" This is a democracy but we can also not allow loose statements to be made. Those making baseless allegations will have to face the law," he said during Jamhuri Day 2015 celebrations in December.

Odinga has said that he is ready to take on any legal matters arising from the Eurobond allegations.

" I am speaking from the standpoint of records available as well as the advice of financial experts and will stand by my words," he declared.

He also asked why the government was not willing to produce names and evidence of projects funded by the Eurobond.

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- MyNews24

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