Nyoro Reveals How Ruto Allegedly Used Proxies in Ksh42 Billion KPC Deal

Nyoro Reveals How Ruto Allegedly Used Proxies in Ksh42 Billion KPC Deal

Kiharu Member of Parliament Ndindi Nyoro has leveled explosive allegations against President William Ruto, claiming the Head of State is utilizing private entities and proxies to acquire a majority controlling stake in the Kenya Pipeline Company (KPC).The lawmaker’s claims follow a massive transfer on the Nairobi Securities Exchange (NSE) block trading platform on October 19, where state-owned entities offloaded 4.5 billion KPC shares, equating to a 24.76% stake valued at approximately Ksh.42 billion, to an anonymous private investor.

📰 Original Source Attribution

Reported by nairobiwire.com.

Read Original Report at nairobiwire.com ↗
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