Kiharu Member of Parliament Ndindi Nyoro alleges a plot to defraud Kenyans through the sale of Kenya Pipeline Company (KPC) shares, claiming powerful government officials plan to disguise themselves as Ugandan investors.

• Nyoro states that Kenyans risk losing billions in a scheme where local elites would acquire substantial stakes in KPC through deceptive means.
• The Government is selling 11.81 billion shares, representing 65 percent of KPC, through an Initial Public Offering (IPO) from January 19 to February 19, 2026, priced at Ksh9 each to raise Ksh106.3 billion.
• President William Ruto dismissed Nyoro's concerns as "political conmanship and intellectual deceit," while members of the United Opposition, including Wiper Party Leader Kalonzo Musyoka and PLP Leader Martha Karua, have filed legal challenges over the privatization process.