Show us Eurobond projects- Mbadi


Show us Eurobond projects- Mbadi

Opposition leaders are still piling pressure on the government to list the development projects that were funded through monies raised from the Eurobond.

ODM party chairman John Mbadi has accused President Uhuru Kenyatta of failing to clear the air over how the 250 billion shillings in Eurobond proceeds were spent.

Mbadi was speaking in Kapsowar boys secondary school grounds in Elgeyo-Marakwet County during a political meeting in which the party received several defectors who had opted to join the ODM party.

Mbadi was accompanied by Homa Bay Women Representative Gladys Wanga and Ruaraka Member Of Parliament T.J Kajwang.

The politicians made it clear that the team was on a political mission to reclaim the former strongholds ODM had lost to Jubilee.

Last week, the Coalition for Reforms and Democracy (CORD) told the government to show evidence of projects that have been funded by the Eurobond proceeds.

In a statement to media houses, the opposition faulted the government for alleged intimidation of its members over its demands for accountability of the Sh140 billion from the proceeds.

“We have noted with concern personal attacks and threats by senior members of the Jubilee Administration in response to our demand for accountability over the use of proceeds of the Eurobond debt procured in June 2014,” read the statement in part.

“Kenyans recall the president ordering payment of a dubious judgment debt obtained by Anglo Leasing ghosts in a foreign court so that this borrowing can proceed.”

The statement signed by CORD principals Raila Odinga and Kalonzo Musyoka, and Siaya Senator James Orengo expressed doubts over the government’s expenditure of the proceeds, noting that as the opposition, they are mandated to hold the government to account.

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