You will soon feel the pinch on those stocks you were talking about, alafu tutaona nyani ndio ipi!

LOOOOOOOOOOOOOOOOOOOOOL now its Raila's fault that market thinks you ate eurobond cash?

Seems you didn't wazua yesterday, the answers are a few threads back, and also on treasury website, how do you audit a budget line like "general budget items" on demand, some of this funds have to be accounted for from chiefs in wajir, to PS's to governors e.t.c, it cannot be done on demand!!!!!

Today's yield is 9.1%, its a junk bond!

At least one good thing has come out of this: the retards won't be able to borrow more offshore. Phew!! Should slow down their appetite for debt.

For a moment in our lives lets remove goggles shall we. If Mr. Market is saying something is wrong, our politics mean nothing.

So let this issue be sorted in a way that Mr. Market can understand.

It's very simple really. Either the money was used appropriately as intended or not. Only Mr. Market can answer that. Hii ingine is just the usual kelele.

If we had spent this week dealing with only that instead of following Raira's butt all over town, maybe we would have given the appropriate answers.

"Can the EACC arrest the former Prime Minister for failing to give it certain information?

The powers given to the EACC under s. 13 of the Act do not include the power to arrest persons generally. The functions of the EACC are set out in Article 252 of the Constitution of Kenya 2010 and also under s. 11 of the Ethics and Anti-Corruption Commission Act. None of the functions includes the power to arrest persons generally. However, under s. 32 of the Anti-Corruption and Economic Crimes Act, No. 3 of 2003, "the Director [of EACC] and an investigator shall have power to arrest any person for and charge them with an offence, and to detain them for the purpose of an investigation, to the like extent as a police officer." This is the only provision that gives the EACC power to arrest, within that limited context. Therefore an arrest by EACC cannot be executed against a witness, or a potential witness like the former PM, but only against a person suspected to have been involved in a corruption-related act or omission. Finally, under s. 27 of the Anti-Corruption and Economic Crimes Act, the EACC may require any person to provide it with information in writing relating to a matter it is investigating. This person is not a witness but a suspect. In conclusion therefore, the EACC has no powers under the enabling legislation to arrest a potential witness in order to extract information from the witness or a potential witness."

The government shouldn't appear to be too defensive when allegations about corruption, or wrong doing arise. So far that's the case, and it's a destabilizing factor.

Only suspects can be summoned, not witnesses. Its in the law, read above.

Word.

I am not sure people have gone through the 18 pages on Eurobond or 15 letters/statements of Eurobond on the treasury website. That is where you start asking questions. Tuachane na side shows za politicians.