NDINDI NYORO FAULT KPC SHARE SALE

Kiharu Member of Parliament Ndindi Nyoro has launched a scathing attack on the government over the recent Kenya Pipeline Company (KPC) share offer, claiming the much-publicized IPO was a “flop” rescued by political pressure and foreign influence. Speaking during the Association of Women Accountants (AWAK) workshop at Whitesand Hotel in Mombasa, Nyoro alleged that the Kenya Pipeline IPO closed at less than 5% subscription before government intervention extended the offer period.