Governor Ojaamong hits out at Jubilee over De La Rue deal


Busia Governor, Sospeter Ojaamong at a previous function.
Busia Governor, Sospeter Ojaamong at a past function. PHOTO: File

Busia Governor Sospeter Ojaamong has accused the Jubilee administration of returning the country into 1992 politics by printing currencies.

Ojaamong alleged that Jubilee is using the cash to buy opposition politicians into joining the government.

He said that the money the president and his deputy are allegedly using to buy politicians from the opposition will jeopardise the country’s economy.

This comes just days after the government paid £5 million (Sh663.3 million) to acquire 40 per cent of currency printing firm De la Rue.

According to the Treasury Cabinet Secretary Henry Rotich, the joint venture had delayed due to concerns on the original structure of the transaction that had a contentious exclusive printing clause that would have bound the government to a 10 year currency printing deal.

This marks the end of an eight year process to sign a joint venture agreement with the British currency and security printer.

Ojaamong’s sentiments were however dismissed by Teso North MP Arthur Odera Who accused opposition for loosing truck.

He said the many leaders  are running towards jubilee government to bring resources to their people.

Odera welcomed all the leaders to join the jubilee government adding that all the failures in cord are putting their  frustration to the government.

Former Bumula MP and Agricultural development cooperation chairperson Bifwoli Wakoli appealed to the president to initiate projects that will have an Impact to the Teso community.

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