Writer Denounces Viral Post on US Govt Investigating Uhuru Administration Over $2.75 Billion Eurobond

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Financial Times writer Demetri Sevanstopulo dismissed publishing an article about the US Federal Reserve opening investigations on USD 2.75 billion Eurobond secured during former President Uhuru Kenyatta’s regime.

In a statement shared on his social media page on Friday, December 1, the Financial Times writer termed the reports as fake news and malicious.

At the same time, Demetri criticized Kenya Ports Authority (KAA) Board Chairperson Caleb Kositany for sharing the fake story. He called him out insisting that he portrayed ignorance which could affect his ability to lead the Kenya airport sector.

“This is a complete fake. I did not write any story about Kenya. Mr Kositany, I hope you are more careful about how you run your airports and you should be ashamed for spreading such fake news,” Demetri wrote.

A fake news article shared alleging that the US Federal Reserve has opened investigations on 2014 Eurobond.

Kositany shared the post showing that the US Federal Reserve had opened a probe on the Eurobond which was acquired in 2014.

The fake article teaser reported that a huge amount of the money was directly wired to Uhuru’s kin account and thus did not benefit Kenya.

In a short post, Kositany insinuated that the investigations had rattled the former Head of State thus driving him to cause revolt in the Kenya Kwanza administration.

Uhuru has been in the limelight following the release of the Dialogue Committee report. A section of the media reported that Uhuru had rejected its outcome thus dividing Azimio.

Former Prime Minister Raila Odinga downplayed the division reports while calling for a referendum on the creation of the office of the leader of the opposition and the position of a Chief Cabinet Secretary which were recommended in the dialogue report.

Retired President Uhuru Kenyatta speaking in Mwingi during a fundraiser on Sunday November 19, 2023. Photo/ SonkoNews.

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