Nyoro has exposed what he terms a scheme to hijack the sale of KPC shares through proxy arrangements masked as regional investments. The MP claims these so-called Ugandan investors are actually Kenyans seeking to acquire substantial stakes in the strategic national asset through deceptive means. Storage tanks for Kenya Pipeline Company (KPC) File“Many Kenyans want to understand their assets, and I am willing to be on the frontline to explain to Kenyans what is happening to their KPC shares,” stated Ndindi Nyoro. According to the IPO structure, 60 per cent of shares are reserved for Kenyan investors, 20 per cent for foreign investors, and 20 per cent for regional investors. “You are allocating 20-25 per cent to what you call regional investors, and you are talking about Uganda.