While the sale price was set at Sh116 million, NSSF could not explain why it had only received a tenth and seven years later, nothing is happening. NSSF may have made much more money since the land has now appreciated many times in the seven years. The auditors were also concerned that should the sale dispute be taken to court, NSSF will still pay more in legal fees. Unnamed agents had collected some Sh3.6 million from Hazina, View Park Towers and Nyayo estate and failed to remit to NSSF. In the year to June 2017, the fund paid its 11 directors Sh2.45 billion, with Sh1.15 billion in five sittings by the Human Resources and Legal committees.

Source: Daily Nation February 03, 2019 10:52 UTC