×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now

MPs query investment of Sh20 billion housing levy funds in Treasury Bills

Vocalize Pre-Player Loader

Audio By Vocalize

Lands CS Alice Wahome (left) flanked by PS for State Department for Housing and Urban Development Charles Hinga before the Housing, Urban Planning & Public Works at the Bunge Towers, Nairobi. [Elvis Ogina,Standard]

Parliament is investigating how Sh20 billion housing levy funds were invested in Treasury Bills.

A parliamentary team wants to establish whether due process was followed by the State Department of Housing in hiving off the billions of shillings and diverting them to government securities.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full 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
Sports
Solidarity Boys end St Joseph's national football reign
By AFP 1 hr ago
Football
Ronaldo fails to shine as DR Congo earn historic World Cup point
By AFP 1 hr ago
Football
Kane scores twice as England beat Croatia to launch World Cup charge
Sports
Excitement as Standard County Golf Classic returns to Eldoret