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Kenya Fires Head of Fund That’s Biggest Investor in Stock Market
Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Very casual way of doing things. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
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this Kazungu guy needs to calm down
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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mlennyma wrote:Very casual way of doing things. court case pap... possunt quia posse videntur
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Is this what they call temporary
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Rank: Member Joined: 8/16/2012 Posts: 660
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Then: LinkQuote:The Chief Executive Officer of National Social Security Fund(NSSF) Mr Tom Odongo is currently on the spotlight over gross abuse of office and misappropriation of Sh35 million donated to sponsor Team Kenya to the recently concluded London Olympics.
The our POST has established that Mr Odongo and other senior managers took the opportunity to sneak their wives and girlfriends to the London Olympics at the expense of taxpayers’ money.
It is alleged that Odongo and the top managers took the opportunity to entertain their clandestine lovers in lavish hotel rooms in Central London.
It is also alleged that Odongo hired top London prostitutes to perform “sexual orgies” a behavior which forced the athletes to join the “NSSF orgies” and this attributed to the poor performance in the 2012 Olympics games. Live and learn; and don’t forget, nothing ventured, nothing gained.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Hahahaha! Ati orgies! GOD BLESS YOUR LIFE
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Rank: Member Joined: 8/16/2012 Posts: 660
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youcan'tstopusnow wrote:Hahahaha! Ati orgies!
Very social.. Now this looks like a smear campaign. Wonder what is going through the Board of Trustees' minds as this unfolds. Meanwhile, the website still has bwana Odongo listed as Ag. Managing Trustee Quote: Mr. Tom Odongo - Ag. Managing Trustee, NSSF http://www.nssf.or.ke/managing-trustee Live and learn; and don’t forget, nothing ventured, nothing gained.
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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So the athletes did not have team manager and their own managers. Then again Kshs. 35 million is really small money to do all those alledged things out there; i know here is tidy sums. Thieves
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Museveni wrote:youcan'tstopusnow wrote:Hahahaha! Ati orgies!
Very social.. Now this looks like a smear campaign. Wonder what is going through the Board of Trustees' minds as this unfolds. Meanwhile, the website still has bwana Odongo listed as Ag. Managing Trustee Quote:Mr. Tom Odongo - Ag. Managing Trustee, NSSF http://www.nssf.or.ke/managing-trustee That Tom Ondongo story could be true! He is even said to have attempted to katia his Permanent Secretary, a Ms Nancy Kirui! possunt quia posse videntur
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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@admin, why was this thread moved to SME?
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Court bars hiring of new NSSF boss pending case... Odongo seems to have won round one after Justice Makau ordered the position to remain vacant until the court decision is made.
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Rank: Elder Joined: 6/23/2009 Posts: 13,515 Location: nairobi
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So what does he stand to gain? Kampuni kweli ilikuwa imekataa kumlipa? Ama antaka kurudishwa kama wale wa KQ?
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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It was the only thing he could do...Kazungu Kambi is just crazy...there is an interesting one on KCB staff pension scheme...BOD think it will make the papers too... possunt quia posse videntur
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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The Kazungu fool purported to cancel all tenders.I see other cases similar to NCPB coming up.
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Rank: Member Joined: 8/16/2012 Posts: 660
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Kazungu loses first round of NSSF boss rowLabour secretary Kazungu Kambi on Monday lost his bid to have a case filed against him by the sacked National Social Security Fund (NSSF) managing trustee Tom Odongo struck out.... Live and learn; and don’t forget, nothing ventured, nothing gained.
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Rank: Member Joined: 8/16/2012 Posts: 660
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NSSF starts search for chief to replace Tom Odongo amid rowQuote:In Summary
~ NSSF will be hiring its seventh chief executive in five years, underlining the office as one of the most volatile in corporate Kenya.
~ The job has been entangled in politics with its occupants being axed after falling out with the minister heading the Labour docket.
~ The hiring of a new CEO at the fund comes amid opposition to the draft Bill, with the government being accused of locking out Federation of Kenya Employers (FKE) and the Central Organisation of Trade Unions (Cotu) from the NSSF board. Live and learn; and don’t forget, nothing ventured, nothing gained.
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