Former NSSF manager, 5 others convicted over Sh1.6bn fraud

✔ Fact Checked by TDPel News Desk

By Lola Smith

Published: January 28, 2022 | 2:24 PM

NAIROBI, Kenya, Jan 28 – A former manager at the National Social Security Fund (NSSF) Francis Moturi has been convicted over a Sh1.6 billon fraud at the institution.

Trial Magistrate Lawrence Mugambi also convicted a Former investments manager at Discount Securities Limited (DSL) Isack Nyakundi, Wilfred Munyoro and David Githaiga.

Mugambi also convicted was Discount Securities Limited.

The Magistrate in his lengthy judgement further acquitted Mary Ndirangu, former internal audit manager and James Akoya former finance Manager at NSSF.

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About Lola Smith

Lola Smith is a highly experienced writer and journalist with over 25 years of experience in the field. Her special interest lies in journalistic writeups, where she can utilize her skills and knowledge to bring important stories to the public eye. Lola’s dedication to her craft is unparalleled, and she writes with passion and precision, ensuring that her articles are informative, engaging, and thought-provoking. She lives in New York, USA.