K
Originally published by Kenyans
📰 Read Full Article
top
July 30, 2025
1d ago

EACC & Judiciary Directed to Investigate Media House Over Pension Scheme

EACC & Judiciary Directed to Investigate Media House Over Pension Scheme

This is not the first time the media house is on the spot over financial issues...

✨ Key Highlights

The National Assembly’s Departmental Committee on Communication, Information and Innovation (CII) has directed the Ethics and Anti-Corruption Commission (EACC) and the Judiciary to investigate alleged mismanagement within the Kenya Broadcasting Corporation (KBC) Staff Retirement Benefits Scheme.

  • Pensioners raised concerns over Ksh3.27 billion in unremitted staff deductions and a contentious legal fee demand of Ksh1.4 billion.
  • The chairperson of the scheme, Martin Nyongesa, stated that KBC had defaulted on Ksh750 million by early 2018.
  • The legal claim for Ksh1.4 billion by advocate Morara Omoke for allegedly recovering Ksh18 billion was disputed as having no board resolution.
  • The Retirement Benefits Authority (RBA) initiated a court-led liquidation process, with a mention scheduled for September 25, 2025.

Continue Reading

Read the complete article from Kenyans

📰 Read Full Article