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"id": 161029,
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"type": "speech",
"speaker_name": "Mr. Munyes",
"speaker_title": "The Minister for Labour",
"speaker": {
"id": 187,
"legal_name": "John Kiyonga Munyes",
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"content": "The third issue is about the recovery of funds, which have been lost. We have the report. We stand to lose about Kshs9.1 billion from all the cases. These cases are with the KACC. I have done my bit. I have listed all the cases and presented them to the KACC. The audit is by the Capital Markets Authority (CMA). The CMA is auditing the funds which have been lost through the shares. The NSSF Board will not spend money on those investigations. In any case, the Board is not in place. We are waiting until the Board is in place for us to call for a forensic audit. It will not be conducted by the CMA. We will get another agency to conduct the forensic audit. We have not spent any taxpayers money on this. We are waiting until the Board is constituted and then we can call for the forensic audit. The same CMA---"
}