DPPS says Eurobond probe complete and being reviewed

By Ben Chumba

The Ethics and Anti-Corruption Commission has concluded its investigations into the alleged misappropriation of the Eurobond proceeds.

Director of Public Prosecution Keriako Tobiko says the inquiry file is under review by the EACC evidence analysts, and will be forwarded to his office for direction this Friday.

Tobiko had directed EACC and the Directorate of Criminal Investigations to finalize the joint investigations into the Eurobond allegations and submit the file to his office within 10 days for action.

The DPP who had given EACC and the Directorate of Criminal investigations ten days to carry out a full-fledged investigation into the controversial Eurobond saga, says the two institutions have written to his office confirming the completion of the investigations.

Despite the two institutions having failed to beat the 10 days deadline, the inquiry file Tobiko says has already been forwarded to his office.

He says he will issue direction regarding the matter this Friday once EACC evidence analysts finalize reviewing the files.

The controversial Eurobond saga sparked a war of words between the government and the opposition.

While the Opposition CORD maintains that the government is yet to account for 140 billion shillings Eurobond proceeds, the government holds that the money was well utilized.

In fact, it accuses the opposition of allegedly politicizing the fight against corruption in order to sabotage the country’s economy by scaring away investors.




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