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

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.

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