By KIPCHUMBA SOMEMore by this AuthorThe National Social Security Fund could have lost billions of taxpayers’ money through four ongoing construction projects in Nairobi, according to a forensic report that was recently made public. The report was commissioned in 2015 by Francis Atwoli, the Central Organisation of Trade Unions (Cotu) secretary-general, and who is also a board member of NSSF. The report, which was compiled by audit firm Ernest & Young, was presented to the board last September but it is not clear whether it has deliberated on its recommendations. The report further says that the contractor was paid Sh2,301,840,287 between March 2013 and January 2015 without the approval of the board. A further Sh204 million was paid on September 15, 2015 also without board approval.

Source: Daily Nation April 22, 2018 01:41 UTC