Cyprian Is Nyakundi
Fraud

How NSSF Middle Fingered Kenyans On Sh13 Billion Scam

This site has millions of fans, and we have sworn our lives to feed our fans and viewers with nothing but the truth, unlike what most of the Githeri and Ugali media feed Kenyans are forced to see on the biased timelines every day.

Kenyans have been saying that DCI is working, but in the real sense, this just like any other Uhuru led agency has been doing backdoor deals that are more of criminal activities than what the taxpayers pay them to investigate.

For millions of you who are our fan, of course, we only state what is the fact and the truth for our audience, last year we published a story on how the coffers have lost more than 13 billion. Yet, your so-called Anticrime watchdog led by senior porn watcher Wabukhala and DCI sleuths were bribed to not only sit on the evidence but also to compromise the set overlook on corruption scandal at the National Social Security fund, where Kenyans funds are being misappropriated while the retirees perish with absolute poverty.

Senior grandaughter fuck buddy Francis Atwoli who is also the Sec-Gen of COTU had blown the lid on how top bosses at the NSSF manipulated processes to approve several projects worth more than Sh13 billion irregularly. We shall publish the details on our next article.

According to a feasibility audit report prepared by Ernst & Young, the expected returns from the NSSF’s Sh6.7 billion Hazina Towers and Sh1.6 billion Milimani executive apartments were hiked during feasibility studies to make the worthless NSSF projects appear more viable.

In a report submitted on September 14th last year by COTU hired audit firm Ernst & Young, China Jiangxi, which was the main contractor in the Hazina Towers project, was allowed to submit two bids during the procurement process. This is why this site is against most of Uhuru led Chinese contractors that are racially mistreating Kenyans in their own motherland.

In the report that highlighted how NSSF lost sh13billion, project consultant Tana & Associates also misled the NSSF Board to review the building’s upgrade from 24 floors to 34 floors. Which was a total waste of funds to benefit a few individuals at the expense of the fund sponsors who are the young savers and old retirees are waiting for their benefits.

The firm’s bids were for Sh6.2 billion and Sh6.5 billion. The tender committee eventually settled for the higher bid, which was later hiked to Sh6.7 billion. Ernst & Young’s report also showed that the NSSF started construction on the Sh4.6 billion Nyayo Estate phase six and Sh5.053 billion Tassia housing projects before obtaining approvals from government authorities.

The Hazina Towers, Nyayo Estate and Tassia projects have since stalled just like most of Jubilee’s projects owing to various changes to their original plans.



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