In recent weeks, as our financial situation has taken a turn for the worse, the Jubilee administration has struggled to wish away one financial misstep that appears to be at the centre of our woes---the Euro Bond loan and its misuse.
The administration has struggled to table suspect figures that don’t add up. It has also offered explanations that fail to convince on why proceeds of Euro Bond had to be banked in offshore accounts and the amount of interest it earned. The administration has equally failed to explain what the money was used for.