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State auditor exposes rot at the NSSF

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The NSSF building in Nairobi. An auditors report says the pensioners fund is unable to account for billions of shillings in investment. The fund often flouts rules governing the pensions industry. Photo/FILE

The NSSF building in Nairobi. An auditors report says the pensioners fund is unable to account for billions of shillings in investment. The fund often flouts rules governing the pensions industry. Photo/FILE 

By JOSEPH BONYO
Posted  Saturday, July 4  2009 at  22:30

In Summary

  • Fund disregarded critical ministries in Sh43.7bn stock market investment

That, however welcome, might amount to bolting the stable after the horse has bolted.

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Add a comment (2 comments so far)

  1. Submitted by karabu

    Put the people who fleaced NSSF to jail. Its the only way to stop the pillage.

    Posted  July 05, 2009 09:33 PM  
  2. Submitted by mwolovi

    john munyess must go. This is pensioners monies, our grandfathers and grandmothers monies. but still people eat it. What happened to heshimu wazee?? Do we still have respect for our senior citizens??

    Posted  July 05, 2009 04:04 PM