Kalonzo: Sale of Safaricom was a national abduction

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Wiper leader Kalonzo Musyoka during a press briefing in Nairobi where he expressed concern over the sale of the governments 15% stake in Safaricom plc to Vodacon by the National Treasury despite a pending petition in court. [Collins Oduor, Standard]

Wiper Party leader Kalonzo Musyoka has criticised the government's sale of a 15 per cent stake in Safaricom PLC to Vodacom, describing the transaction as an "economic abduction" and raising concerns over transparency, valuation and constitutional compliance.

Speaking at a press briefing in Karen, he questioned the timing of the transaction, noting that it was concluded while a constitutional petition challenging the sale remains pending before the High Court.

"We are deeply concerned that the National Treasury has proceeded to complete the sale of the government's 15 per cent stake in Safaricom while our substantive constitutional petition remains pending before the High Court," Kalonzo said.