There is a strong case, indeed, for more transparency in negotiation of syndicated loans. When they tell you that the Arror and Kimwarer loans were part of a government-to-government arrangement, they are telling you a blatant lie. By JAINDI KISEROMore by this AuthorThe mystery surrounding the Arror and Kimwarer dams keep deepening by the day. Thus, when they tell you that the Arror and Kimwarer loans were part of a government-to-government arrangement, they are telling you a blatant lie. The stage is then set for the syndicate bank to the international capital markets to arrange a Eurobond.

Source: Daily Nation November 12, 2019 20:56 UTC