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

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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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