MPs summon Thugge, CMA boss over NSSF bonds trade

The chairperson National Assembly Departmental Committee on Finance and National Planning Kuria Kimani during the session at Bunge Towers Nairobi on Wednesday, August 21, 2024.

Photo credit: File | Nation Media Group

Parliament has summoned Central Bank of Kenya (CBK) governor Kamau Thugge and Capital Markets Authority (CMA) chief executive Wycliffe Shamiah over suspicious bond trade between some brokers and the National Social Security Fund (NSSF).

The Finance and National Planning Committee of the National Assembly wants the two regulators to shed light on alleged impropriety in the bond transactions involving two Central Securities Depository (CSD) accounts of NSSF, those of an individual and a local commercial bank.

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