Month: October 2015

How was the Eurobond Billions used?

26th October 2015

The Treasury Cabinet Secretary responded to the claim that the Eurobond proceeds were misused by top civil servants for trading foreign stocks. The Kenyan government targeted to raise USD $1.5 Billion but ended up raising USD $2 Billion. Most of the bond sales were made to the US investors (2/3) and a quarter went to […]

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