She was just being naive just like some wazuans here. Its like asking Equity to give you a list of all loan applicants who were funded by the Helios money.

Ati the CSs didn't know if money received was eurobond or not . Before floating, Govt said this thing was meant to fund infrastructure projects, which projects did they have in mind at the time or was this then an empty statement just meant to give the offer a good name?

$140BN Ala....The money that came in with some tag written Euro bond.

Wazuans are talking about $$ thats why I told them to think about it. Anyway

The amount that was raised was US$ 2BN from which commissions and legal
fees were deducted to arrive at US$ 1,999,052,872.97 which amounts was acknowledged in the Central Bank of Kenya Account held with JP Morgan Chase Bank, New York on 27.06.2014. The Bank Statement from JP Morgan Chase Bank in New York confirms these facts. The Bank Statement and a confirmation in writing have been provided to Public Accounts Committee of the National Assembly and the Senate’s Finance Committee. GOK went back for an additional US$ 750 million tap sale and the bond traded at 5.9-5% net proceeds were $815,684,271 sold at a premium of US$ 65,684,271.00 Tap Sales were credited into Central Bank of Kenya account held with Citibank, New York on 17.12.2014. Hio point5 or 500, 000, 000.00 is what was earned from trading the bond

Refer to Rotich's statement on treasury Website and the standard paper of June 9 2014.

The Grand Mullah's take



2.Treasury misclassified the Eurobond proceeds as this was the 1st time in history that bond proceeds were thrown into our financial matrix

3.The misclassification & misunderstanding was brought about by Treasury failure to set the formula for eurobond classification in advance

4.Eurobond money after paying debt & fees was converted into KSH & banked at CBK. It become domestic financing instead of eurobond financing

5. Treasury in the process showed 251b as net domestic funding instead of 110b net domestic funding and 141b Eurobond funding...simple.

6. That is why the Eurobond quarterly budget review showed zero and net domestic funding showed 251b. That 251b contained 141b Eurobond.

7. That is why the budget out turn balances as the Eurobond money is there but just wrongly classified as part of 251b domestic funding....

8. I have shown that no cent of Eurobond money is stolen. Raila and cord are merely playing their traditional politics of slush and burn...

9.So the false & vile propaganda against Rotich &Treasury by Raila & Cord is cheap, false, a mere scaremongering and their usual witch-hunt

10. I challenge Raila & both his loyal and blind followers to impeach my analysis. I challenge them.

I think it is productive to query the process... regardless of whether there was money lost or not. Knowing HOW MUCH and HOW IT WAS USED is good for all of us.

I always want to know more about stuff whenever one of the political thug sides starts using words like

"it's because of raira, lies etc etc

Listen.

The issue is not a cord or raira issue. It's an issue of accounting for the funds. Kwanza when you see the grand mullah pretending to know economics, then you really have to sit down and gather more information.

The last time i heard that it is odm noise, we had NYS looting billions of shillings. Then the usual suspects shouting all over that its because they want to kill a woman....etc....Then the usual lawyers saying things that she's not a suspect, she's a witness

History is a very strange thing. Let's not repeat it.

I don't think I care if its a Raira odomite common complaint. I'd be interested to know, what happened to the money. If well spent, that's good, if not, then expect another thread on xxx must go.

Some things are very simple when your remove goggles during the day.

By the way, what happened to those Mpigs who were earning money when outside parliament? Ama that was another fake story?

I hope mullah is right coz I want this thing behind us. But some questions still remain. 1) If the only eurobond money in cbk account is 140b, what happened to 56b (196-140)? 2) if domestic borrowing in 2014/15 was only 110b compared to 201 the previousFY, why didn't interest rates plummet? 3) can we get breakdown how the money was spent?

Always never believe grand mullah. It's good for your health.

I too don't want to believe this but as I have said earlier, the more the gov't talks, the more questions arise.

So now I'll be reading what the lawyer for arrested politicians says vs what the self styled anti-corruption fellow says.

Then I'll decide on my own.