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"id": 810810,
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"type": "speech",
"speaker_name": "Kitui Central, WDM-K",
"speaker_title": "Hon. Benson Mulu",
"speaker": {
"id": 1955,
"legal_name": "Benson Makali Mulu",
"slug": "benson-makali-mulu"
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"content": "The other thing is that there is corruption in most of these retirement schemes. You are aware about the NSSF. There is a time in this country when the NSSF was involved in corrupt deals. That does not send the right signal to those who are saving for retirement. It discourages them when they see their earned resources, which are saved for retirement, being misappropriated by the administrators and the fund managers. I want to support what the previous Member said that it is important that we separate the fund manager, administrator and custodian. That is the best international practice. The idea of having somebody who has two positions provides room to seek rent. We should avoid that."
}