The Director of Public Prosecutions Keriako Tobiko. PHOTO | FILE
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The State prosecutor has closed the file on alleged misappropriation of Sh250 billion Eurobond proceeds, shifting the spotlight to ministries, departments and agencies.
The probe began last year after the DPP instructed the EACC and the Directorate of Criminal Investigations to investigate the opposition’s allegations that the government could not account for the money.
Treasury officials were Tuesday handed a reprieve after the State prosecutor closed the file on the alleged misappropriation of Sh250 billion Eurobond proceeds citing lack of evidence.
Director of Public Prosecutions (DPP) Keriako Tobiko accepted the recommendation of two investigative bodies to close the file even as he asked the Auditor General to conduct a special audit of how the money was used effectively, shifting the spotlight to ministries, departments and agencies.
The probe started in December 1 after the DPP instructed the Ethics and Anti-Corruption Commission (EACC) and the Directorate of Criminal Investigations (DCI) to investigate the opposition’s allegations that the government could not account for the money.
“Upon independent review of the evidence gathered in the inquiry file and the resubmitted file, I have found no evidence to support the allegations about the alleged misappropriation of Sh250 billion or any part thereof,” Mr Tobiko said Tuesday.
“Further, I have found no evidence disclosing any criminality on the part of any government officials. In the premises and as matters stand now, there is no evidence upon which a prosecution may ensue,” he added in the notice.
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