Kiharu MP Ndindi Nyoro has urged for stronger accountability measures targeting political leaders, especially presidential candidates, ahead of the 2027 General Election. He proposed that leaders publicly declare their wealth before taking office and undergo asset reviews upon leaving.

Criminalising Proxy Investments

Nyoro emphasised the need to criminalise proxy investments, which he sees as a loophole for hiding wealth. He also suggested imposing restrictions on transferring assets to associates of former leaders, recommending that such transactions remain under scrutiny for up to 25 years after a leader’s tenure.

Transparency and Asset Caps

  • Presidential hopefuls should openly declare all assets before assuming power.
  • Upon leaving office, a thorough review of their wealth should be conducted.
  • Kenya should cap asset transfers to third parties or former leaders for 25 years post-office.

Nyoro linked unchecked wealth accumulation by leaders to Kenya’s economic challenges, including rising public debt. He called for safeguarding strategic natural resources in Turkana, Kwale, and Mrima Hills to ensure proceeds aid debt repayment.

Political Shift and Opposition Role

Recently, Nyoro announced his defection from the United Democratic Alliance (UDA) to the People’s Party of Kenya (PPK). He described UDA disparagingly as the "wheelbarrow party" and stated that he and his supporters had long distanced themselves from it. Nyoro indicated that PPK would function from the opposition and encouraged Kenyans to consider its leadership as part of potential coalitions ahead of the 2027 elections.

Strengthening Kenyan Banks

He also advocated for protecting Kenyan banks from foreign takeovers, highlighting that over 40 local banks are profitable. Nyoro argued that bolstering domestic financial institutions is crucial for job creation and industrial growth, urging covert measures to prevent international acquisitions.

Nyoro’s proposals come amid a broader political realignment as parties and leaders prepare for the upcoming general election, with his focus increasingly on economic governance and transparency.