Tobiko orders review of Eurobond file cleared by EACC - News Summed Up

Tobiko orders review of Eurobond file cleared by EACC


Director of Public Prosecution Keriako Tobiko will review the Eurobond case after the anti-graft agency and Auditor General reported that no money was lost in the alleged scam. Earlier this year EACC cleared the National Treasury‘s chiefs and asked the Director of Public Prosecution to order a thorough forensic audit on how the Eurobond billions were spent. “The file shall be independently reviewed by my office and a decision thereon made shortly based on the facts, evidence and the law" Tobiko said in a statement to the media on Wednesday. It wants to know how the money was used, which infrastructural projects it funded as claimed by Treasury CS Henry Rotich, and if the projects were of economic value to Kenyans. EACC further also recommended that the matter be referred to the office of the Auditor-General as it was the independent body with the mandate to audit accounts under Article 229 of the Constitution.


Source: The Star May 11, 2016 10:55 UTC



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