LSK seeks to be enjoined in suit on Eurobond

By Collins Anampiu

The Law Society of Kenya wants to be enjoined in a case in which two activists have sued the government over the accountability of the 250 billion shillings Eurobond cash.

LSK is seeking to be brought in as an interested party in the case where the President, his deputy, Treasury and the Attorney-General have been sued.

The lawyers said the case alleges fraudulent and corrupt dealings of public officials as well as unlawful enrichment.

Through lawyer John Khaminwa, the society also argued that the suit is of public interest and that it would be easier to hear all parties concerned with the matter at once, instead of LSK filing another case on the same issue.

The suit was filed by Okiya Omtatah and Wycliffe Gisebe.

Controller of Budget Agnes Odhiambo, Central Bank Governor Patrick Njoroge and Auditor-General Edward Ouko are listed as interested parties.

The two activists claimed that Eurobond transactions, which were allegedly done through banking money in a secret offshore account, put the funds outside the oversight and accountability organs established in law, including Parliament and the Controller of Budget.

  

Latest posts

Safaricom on course to start M-pesa services in Ethiopia

Ronald Owili

Samsung warns of 32% hit to profits on chip slump

Ronald Owili

IDH launches new brand bringing focus, clarity to global mission

Christine Muchira

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

%d bloggers like this: