Kiharu MP Ndindi Nyoro arriving at Mothers Union in Murang'a town hall where he met constituency bursary fund.
By Morris Githenya
A legislator has revealed how billions of shillings from the NSSF are diverted to fund infrastructure projects, after the private contractors ignore them.
Kiharu Member of Parliament Ndindi Nyoro castigated the National Treasury for forcing the NSSF to divert workers’ retirement package to fund road construction projects through the Private Public Partnership.
The fiery MP and a former Budget and Appropriation committee chairman dared anyone to challenge his sentiment, for he has the evidence.
He said the diversion of the workers retirement package has been committed to development projects without parliamentary approval.
Speaking at Mothers Union Hall in Murang’a town, when he met the constituency bursary committees, said workers’ retirement package had been diverted to fund infrastructure projects without contributors’ knowledge.
“The decision makers should stop seeking unnecessary debts, thus should utilise the resources collected by KRA,” he noted.
He said it was suicidal for billions of shillings entrusted to the NSSF forced to fund infrastructure projects, that the private constructors are not interested with.
He added that the country’s debts were rising thus being in bad books with the International Monetary Fund (IMF).
He observed that Kenya’s external debt was at KSh11.3 trillion compared to the late President Mwai Kibaki KSh1.2 trillion in his 10 years.
“The worst scenario is Sh175 billion borrowed secretly by the government, and after 10 years, the interest plus principal will be at Sh 300 billion. The amount was borrowed guaranteed by the fuel levy fund at Sh7 per litre of petrol,” said the MP.
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