Court sets date to hear petition challenging Kenya Pipeline share sale to Dangote-linked firm

Listen to articleFrancis Awino is challenging the circumstances under which institutional investors and pension funds reportedly disposed of their shares in KPC to Dangote East Africa Petroleum Refinery and Petrochemicals SEZ.The High Court has given the government and other institutions involved in the reported sale of a 24.76 per cent stake in the Kenya Pipeline Company (KPC) to an entity linked to Nigerian billionaire Aliko Dangote 14 days to explain the transactions.