The government has ordered an inquiry into the financial health and governance structures of the NHIF Sacco, coming hot on the heels of a warning over possible liquidation of the troubled Metropolitan National Sacco over its poor cash position.
Commissioner for Co-operatives David Obonyo told Business Daily on September 22 the State intervention into the operations of the NHIF Sacco is meant to establish its true state of financial affairs and governance practices after its membership was disintegrated following the replacement of the National Health Insurance Fund (NHIF) by the Social Health Authority (SHA) under the Social Health Insurance Act.
