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Originally published by Standard Politics
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politics
March 5, 2026
3h ago

Kalonzo: Mbadi misled Parliament over Sh5trn fund, Safaricom sale

Kalonzo: Mbadi misled Parliament over Sh5trn fund, Safaricom sale

The opposition outfit targeted Treasury Cabinet Secretary John Mbadi, accusing him of contradicting himself before Parliament and in a sworn court affidavit...

✨ Key Highlights

The United Alternative Government has urged Parliament to reject a proposed Sh5 trillion infrastructure fund and a partial sale of the government's Safaricom stake, citing concerns over governance and national security.

  • The coalition accuses Treasury Cabinet Secretary John Mbadi of misleading Parliament regarding the nature and oversight of the proposed Sh5 trillion fund.
  • Led by Kalonzo Musyoka, the coalition warned that reducing state ownership in Safaricom could pose undisclosed national security risks.
  • They proposed deepening the infrastructure bond market and reforming public-private partnerships instead of the current proposals.

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