Ex-NSSF boss, three brokers found guilty of Sh1.4bn fraud

Milimani Law Courts in Nairobi. FILE PHOTO | NMG

A former National Social Security Fund (NSSF) investment manager and three stock dealers have been found guilty of conspiracy to defraud the fund of Sh1.4 billion through a collapsed stockbroker more than a decade ago.

Francis Zuriels Moturi, the ex-NSSF investment manager, was accused of scheming to steal from the workers’ fund through the purchase of shares.

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