High Court temporarily suspends sale of 11 parastatals
In a significant development, the High Court has issued a temporary suspension on the sale of 11 parastatals, including prominent entities like the Kenyatta International Convention Centre (KICC) and the Kenya Pipeline Company.
In a significant development, the High Court has issued a temporary suspension on the sale of 11 parastatals, including prominent entities like the Kenyatta International Convention Centre (KICC) and the Kenya Pipeline Company. This decision comes in response to a petition filed by the Orange Democratic Movement (ODM) party.
The court's intervention puts a pause on the planned sale of these key state-owned enterprises, marking a pivotal moment in the ongoing discourse surrounding the fate of these assets. The ODM party, through its petition, has raised concerns and sought legal recourse to address what it perceives as potential repercussions and implications of the proposed sale.
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The 11 parastatals affected by the court's temporary suspension play crucial roles in various sectors, and the decision has elicited reactions from different quarters. The suspension provides an opportunity for a more thorough examination of the proposed sale, taking into consideration the concerns and arguments presented by the ODM party.
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