Tobiko orders review of Eurobond file cleared by EACC

Director of Public Prosecution. PHOTO/FILE Director of Public Prosecution.

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.
“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.
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 commission had interviewed more than 30 government officials who were to help shed light on claims made by the Opposition that proceeds from the bond were kept in secret offshore accounts and used without the authority of the Controller of Budget as required by law.
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.
The Auditor General was to carry out a special audit on development projects that were implemented by ministries, departments and agencies in the financial years 2013/14 and 2014/15 in order to ascertain the utilization of the funds and whether there was value for money.
The Opposition has maintained that at least Sh140 billion was missing.
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.