President William Ruto is on the receiving end of backlash over the planned sale of the Kenya Pipeline Company (KPC), in a move that will see the company's shares listed at the Nairobi Securities Exchange (NSE).
Just a day after the cabinet approved the company's privatisation, the Motorists Association of Kenya (MAK) voiced its opposition to the move, noting it was a move that not only undermined public trust but also threatened Kenya's most vital national asset.
In a statement released on Wednesday, July 30, MAK highlighted several flaws in the sale of KPC, which they described as the single most important public asset in the Republic of Kenya. "The Motorists Association of Kenya (MAK) registers its strongest opposition to the decision announced yesterday by the Cabinet to privatise the Kenya Pipeline Corporation (KPC), a move that not only undermines public trust but also threatens Kenya's most vital national asset," MAK stated.
Motorists along the busy Thika Super Highway at Survey Area, November 12, 2019.
