Employers now oppose NSSF Sh5b Tassia project
Employers have opposed plans by the National Social Security Fund to spend Sh5 billion on infrastructure development in Nairobi’s Tassia Estate.
The Federation of Kenya Employers (FKE) says the expenditure has not been sanctioned by the board of NSSF where it has representation.
The position taken by FKE comes after the Central Organisation of Trade Unions (Cotu), also a member of NSSF’s board, blew the whistle on the controversial project, describing it as fraudulent.
“The Federation of Kenya Employers is opposed to the Kshs. 5 billion Tassia II scheme infrastructure development project by the National Social Security Fund (NSSF). FKE has since written to the Cabinet Secretary for Labour Social Security and Services, the acting NSSF Managing Trustee and all NSSF Trustees confirming that at no one time has the NSSF board approved the proposed project,” a statement by FKE’s executive director Jacqueline Mugo said.
The Federation has requested the acting NSSF Managing Trustee to convene an urgent board meeting to deliberate on the matter.
“As far as I am aware, no board resolution has been made to form the basis of the award of a contract on this project. Hence there should be no award of a contract until and unless a formal resolution and approval is granted by the board, if at all, in a formally constituted meeting,” Ms Mugo said.