Kiharu MP Ndindi Nyoro has accused the State of resisting transparency over the ongoing sale of shares in key public assets, including Safaricom and the Kenya Pipeline Company (KPC), saying the process is being shielded from public scrutiny to benefit a powerful few.
Speaking during a public forum, Nyoro argued that the government is unwilling to confront the truth about how strategic state assets are being offloaded. He questioned why the share sales are allegedly being handled through closed-door boardroom processes instead of open, competitive public offerings that include both local and international bidders.
According to Nyoro, opening the sale to the public would not only enhance transparency but also maximise value for the country. He claimed that secretive dealings are designed to enrich influential individuals within government circles at the expense of ordinary Kenyans.
“The State does not want to be confronted by the truth,” Nyoro said, insisting that public assets should not be disposed of in opaque arrangements that exclude citizens from participating or understanding how decisions are made.
The MP maintained that he would not be intimidated into silence, citing his long-standing experience in share trading dating back to his college years. He said this background has given him insight into how markets function and why openness is critical in such transactions.
Nyoro also took aim at President William Ruto and Treasury Cabinet Secretary John Mbadi, urging them to “tone down their arrogance” and embrace accountability. He warned that dismissing concerns raised by leaders and citizens alike only deepens public mistrust.
His remarks add to growing debate over the management and potential privatisation of state-owned assets, with calls mounting for greater transparency and public participation in decisions involving national resources.