The Eurobond scandal (KSh 215 billion)

The Eurobond scandal was exposed by the former prime minister Raila Odinga and later confirmed by the then Auditor General, Edward Ouko, who in 2016 claimed KSh 215 billion could not be accounted for.

Raila Speaks on Eurobond

Eurobond was a foreign loan taken by the government to fund mega development projects. The government indeed insisted the controversial foreign loan was used to fund projects under different ministries. This scandal like all the others was also swept under the rag.

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