Ndindi Nyoro Tells Ruto to Stop Using Public Assets for Personal Gain

People’s Party of Kenya leader Ndindi Nyoro has called on President William Ruto to stop using public assets in ways that could benefit private interests, warning that national resources must be protected for the benefit of all Kenyans.

Nyoro has accused the President’s administration of putting public wealth at risk through deals involving state-owned companies and other strategic national assets.

The Kiharu Member of Parliament has raised concerns over the sale of shares in the Kenya Pipeline Company (KPC), claiming that the transactions could benefit individuals with links to the Head of State.

On October 21, 2026, Nyoro alleged that state-linked institutions had been pressured to buy KPC shares before selling them to a private investor. He questioned the identity of the buyer and the role of public institutions in the transactions.

According to reports by Citizen Digital and The Star, about 4.5 billion KPC shares, worth approximately Sh42 billion, changed hands between state-linked institutions and an unidentified private investor.

Nyoro claimed that the transactions raised questions about the protection of pensioners’ savings and the management of public funds. He also linked the deal to plans for a proposed oil refinery in Lamu involving Nigerian businessman Aliko Dangote.

The lawmaker has demanded that the government publish the refinery’s ownership structure and investment agreement so that Kenyans can understand who stands to benefit from the project.

He has argued that public assets should not be used to advance personal interests at the expense of the country.

However, the government has rejected allegations of wrongdoing. Treasury Cabinet Secretary John Mbadi defended the KPC share sale, describing it as a legitimate commercial transaction between a willing seller and a willing buyer. He also dismissed claims that Ruto was secretly behind the purchase.

President Ruto has previously defended the sale of public stakes in strategic companies, saying such transactions can help mobilize private capital for infrastructure development.

Nyoro’s criticism comes as political leaders increase pressure on the government to explain how it manages national assets ahead of the 2027 General Election.

The debate has raised questions about transparency, accountability and the need to ensure that decisions involving public wealth serve the interests of ordinary Kenyans.

Nyoro maintains that Kenyans deserve clear answers about major investment deals involving state resources.

Source: https://www.facebook.com/share/p/1F5TLkcFnt/

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