A whopping Sh4 trillion has been borrowed by the ruling Jubilee government ever since they assumed power in 2013, NASA coalition's Salim Lone has said.
Speaking after the Jubilee government through the National Treasury borrowed another Sh200 billion Eurobond from London, the NASA coalition leader Raila Odinga's adviser wondered where President Uhuru Kenyatta and his administration diverted the funds.
"An astronomical 4 trillion shillings has been borrowed by Uhuru since he took power in 2013! Where did it go? Because ordinary Kenyans are much worse off now than then. But a few pockets got heavier," said Lone on Saturday.
The revelations came even as the International Monetary Fund (IMF) broke its silence on Friday, warning that Kenyan debt was approaching unsustainable levels at the rate at which new loans are being contracted.
IMF said Kenyans would pay Sh323 billion as interest in the new Eurobond.