A Sh3 billion deal between National Oil Corporation of Kenya (NOCK) and Rubis Energy Kenya has sparked parliamentary alarm, with lawmakers warning it could be a "debt trap" leading to the quiet privatization of State assets.

• The Public Investments Committee on Commercial Affairs and Energy has ordered a special audit, freezing further implementation until at least August 14.
• Pokot South MP David Pkosing, the committee chair, stated NOCK, burdened by Sh7.4 billion in debt, cannot repay the loan, risking Rubis acquiring public assets upon default.
• The five-year, non-equity deal, approved by the Competition Authority of Kenya, was intended to stabilize NOCK and boost national fuel security, but lawmakers fear it’s a disguised takeover.