The Kenyan government is facing a potential Sh245 billion refund after the High Court nullified the partial sale of its stake in Safaricom to Vodacom Group.

• The sale of 15 per cent shareholding was deemed unconstitutional due to lack of adequate public participation and transparency.
• The Treasury, represented by Cabinet Secretary John Mbadi, earned Sh245 billion from this transaction.
• The ruling by the High Court on Tuesday declared the sale invalid.