Busia Senator Okiya Omtatah has vowed to challenge the governments plan to sell atleast 10 public corporations.
According to a statement he posted on his X account, Omtatah who’s also a human rights activists said that president Ruto has surrendered to international Monetary Fund and the world bank at the interest of Kenyans.
“President William Ruto has surrendered to the IMF and World Bank at the expense of Kenyans’ interests”, read Omtatahs statement.
He further said that he will oppose the programme to sell public corporations to private entities.
“We will oppose the programme the International Monetary Fund has endorsed for the government sell at least 10 public corporations, including KICC, to private entities”, Omtatah statement further read.
On November 27, the Government listed Kenyatta International Convention Centre (KICC), Kenya Seed Company (KSC) among other state corporations to be sold.
This comes after President Ruto signed the Privatisation Bill, 2023 into law.
Kenya Pipeline Company (KPC), National Oil Corporation of Kenya (NOCK) Kenya Literature Bureau (KLB), are also among the companies listed on the privatisation programme by the government.
Other Corporations slated for sale are New Kenya Cooperative Creameries Limited (NKCC),Kenya Seed Company Limited (KSC), Mwea Rice Mills Ltd (MRM), Western Kenya Rice Mills Ltd (WKRM), Numeric Machining Complex Limited (NMC), Vehicle Manufacturers Limited (KVM) and Rivatex East Africa Limited (REAL).
