×
App Icon
The Standard e-Paper
Kenya’s Boldest Voice
★★★★ - on Play Store
Download App

Auditor: NSSF to lose billions over stalled Hazina Towers

The National Social Security Fund stands to lose billions of shillings over the stalled construction of Hazina Trade Centre in Nairobi, the Auditor General has disclosed. The building currently houses Nakumatt Lifestyle branch. PHOTO: COURTESY

The National Social Security Fund stands to lose billions of shillings over the stalled construction of Hazina Trade Centre in Nairobi, the Auditor General has disclosed. The building currently houses Nakumatt Lifestyle branch.

The Auditor General said yesterday the continued stalemate with Nakumatt Holdings over the construction of an additional 36 floors is likely to lead to escalation of costs and possible claims for compensation by the contractor.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Support Independent Journalism

Stand With Bold Journalism.
Stand With The Standard.

Journalism can't be free because the truth demands investment. At The Standard, we invest time, courage and skills to bring you accurate, factual and impactful stories. Subscribe today and stand with us in the pursuit of credible journalism.

Pay via
M - PESA
VISA
Airtel Money
Secure Payment Kenya's most trusted newsroom since 1902