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Controversy Erupts Over Safaricom Stake Sale as Musyoka Questions Legality

Wiper Party leader Kalonzo Musyoka questions the legality of Kenya's Safaricom stake sale to Vodacom, citing ongoing court cases and due process concerns amidst

Controversy Erupts Over Safaricom Stake Sale as Musyoka Questions Legality
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Wiper Party leader Stephen Kalonzo Musyoka has criticized the Kenyan government's decision to sell its 15% stake in Safaricom to Vodacom, claiming the transaction was finalized while a constitutional petition challenging the sale is still awaiting judgment in the High Court.

Questions Over Legality and Due Process

The controversy centers on the timing of the sale, with Musyoka asserting that the National Treasury completed the transaction shortly after conservatory orders were lifted, despite the case already being fully heard and a ruling expected within weeks. He emphasizes that the Court of Appeal did not determine the legality of the sale, nor did it assess the adequacy of public participation or the fairness of the valuation.

The senator raises concerns about due process, public accountability, and the potential impact on Kenya's strategic assets, especially considering Safaricom's significance to the country's digital economy.

The matter is currently before the courts, and the Kenyan government has yet to publicly respond to these allegations, leaving the ongoing controversy unresolved.

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