Kiharu Member of Parliament Ndindi Nyoro has proposed enhanced regulations on wealth transparency for presidential candidates ahead of the 2027 General Election.

Unveiling his new political party, the Peoples Party of Kenya, Nyoro urged that all aspiring leaders declare their assets publicly before assuming office. He also recommended a mandatory review of their wealth upon leaving office, with restrictions on asset transfers extending up to 25 years post-tenure.

Key proposals include:

  • Criminalisation of proxy investments to prevent leaders from hiding assets through third parties.
  • Public declaration of all assets by presidential hopefuls prior to taking office.
  • Post-office wealth reviews to ensure accountability.
  • Restrictions on transferring assets to associates or former leaders for 25 years after leaving office.

Nyoro also highlighted Kenya's growing public debt, which currently stands at Sh13 trillion, with the country borrowing approximately Sh4 billion daily. He stressed the need to leverage natural resources such as oil reserves in Turkana and mineral deposits in Kwale to reduce reliance on loans.

"God has blessed our country with oil and minerals. These assets must be guarded vigilantly to benefit all Kenyans," Nyoro emphasized, warning against attempts to exploit these resources for personal gain.

Additionally, Nyoro called for reforms in the Judiciary, including doubling its capacity within five years and guaranteeing it at least 1.5% of national revenue annually.

He proposed the establishment of a government-owned company consolidating digital services like eCitizen and the Social Health Authority, to be partially listed on the Nairobi Securities Exchange with the government holding majority shares. This, he argued, would reduce political patronage and give citizens greater ownership of state assets.

On the financial sector, Nyoro advocated for protecting Kenyan banks from foreign takeovers, encouraging the growth of profitable local institutions to support job creation and industrial development.

Previously chairing the National Assembly Budget and Appropriations Committee, Nyoro has increasingly voiced concerns over government borrowing and fiscal policies.