ADVOKS GLOBAL · KENYA
Privatization Act
66. Offences
Edition: 2026-03-25 · In force
66. Offences
A person who—(a)falsifies or omits material information from the Privatization Proposal;(b)provides false or misleading information that results in a wrong or erroneous valuation of an entity to be privatized;(c)provides false or misleading information to a person carrying out a duty or function under this Act; or(d)discloses insider information, otherwise than in the performance of their duties and under this Act with the written consent of the Authority, that may give an advantage to a person who might compete in the privatization;commits an offence and is hable, on conviction, to a fine not exceeding five million shillings or to imprisonment for a term not exceeding two years and payment of equivalent amount of the gain made or loss incurred.