MPs summon CMA boss over fishy NSSF bond deals

Capital Markets Authority (CMA) CEO Wycliffe Shamiah.

Photo credit: File | Nation Media Group

Parliament has summoned the Capital Markets Authority (CMA) over the National Social Security Fund’s (NSSF) involvement in questionable bond transactions in which Sh2 billion is feared lost.

The National Assembly’s Finance and National Planning committee heard that the Central Bank of Kenya (CBK) last year flagged the questioned investments transaction and alerted the CMA on August 19, 2023.

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