The National Social Security Fund (NSSF), is facing a crisis of staggering proportions. The latest financial report by the National Social Security Fund (NSSF) for the financial year ending June 2024 has exposed significant financial mismanagement, revealing that over Sh16 billion of Kenyans’ hard-earned retirement savings vanished through a litany of questionable practices, from phantom taxes to ill-advised investments and lavish expenditures. This isn’t just about numbers; it’s about the future of millions of Kenyans, whose golden years are now clouded by the shadows of alleged misconduct.
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