The Treasury wants Parliament to allocate Sh90 million to clear legal fees for lawyers who helped Kenya raise cash and buy back a 10-year Eurobond of $2 billion that matures in June this year.
Treasury Principal Secretary Chris Kiptoo told Parliament that local lawyers have not received payment for the legal services they rendered in February 2024. Kenya in February tapped the international bond market to $1.5 billion bond, which will mature in 2031, and was oversubscribed four times.
