The Milimani High Court directed that the petition contesting the reported sale of a 24.76% stake in Kenya Pipeline Company (KPC) to an entity linked to Nigerian billionaire Aliko Dangote be placed on the court’s agenda for further directions on 30 November 2026.
Justice Nyaundi Patricia Mande ordered petitioner and human‑rights activist Francis Awino to serve the application and petition on all respondents by 13 November, giving them 14 days to file responses, with a deadline of 27 November.
The judge declined to certify the matter as urgent, noting that it was not suitable for ex parte orders.
Awino’s petition seeks clarification on how public institutions and pension funds acquired, held, and disposed of KPC shares, requesting details on the institutions involved, quantities sold, transaction dates and proceeds received.
The constitutional petition, registered as HCCHRPET/E764/2026, names the National Treasury, Privatisation Authority, Kenya Pipeline Company and Capital Markets Authority as respondents, alongside several pension institutions and Dangote East Africa Petroleum Refinery and Petrochemicals SEZ.
The petition highlights the involvement of the National Social Security Fund, Public Service Superannuation Fund and County Pension Fund, and notes reports that smaller pension schemes also exited their positions, calling for scrutiny of those disposals.
The contested transactions followed the government’s February 2026 initial public offering, which offered 65% of KPC to investors at Ksh9 per share; on 4 March, Kenyan institutions were allocated 7.45 billion shares.
Awino is requesting disclosure of investment appraisals, board and trustee resolutions, fund managers’ instructions, transaction agreements and payment records, as well as a breakdown of acquisition costs, sale proceeds, dividends, brokerage fees and other expenses.
The petitioner also seeks temporary orders to halt any further transfers, sales or dealings involving the disputed shares while the case proceeds.
The court has not yet ruled on the merits of the petition or made any findings regarding the allegations raised.
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