US EditionAuditor-General exposes financial rot at National Social Security Fund
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4 Articles
The Chairman of the Parliament of Georgia, Shalva Papuashvili, has nominated Giorgi Gabitashvili, who previously held the position of Prosecutor General, for the position of Auditor General. According to him, the election of Gabitashvili as Auditor General will significantly strengthen the State Audit Service. “I have decided to nominate Giorgi Gabitashvili for the position of Auditor General. I believe that his election as Auditor General will …
NSSF Scam: Auditor general reveals how NSSF lost Sh16B
In a scathing report released by Auditor General Nancy Gathungu, the National Social Security Fund (NSSF) has been thrust into the spotlight for significant financial improprieties, resulting in a staggering loss of over KSh 16 billion for the financial year ending June 30, 2024. The audit, which scrutinised the operations of Kenya’s largest retirement benefits […] Source
Auditor-General exposes financial rot at National Social Security Fund
The latest audit by the Office of the Auditor-General has exposed staggering financial mismanagement at the National Social Security Fund (NSSF), revealing a web of questionable investments, procurement violations, and a lack of internal controls that put billions of shillings at risk. Covering the financial year ending June 30, 2024, the report raises serious questions […]
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