TUK’s pension scheme scandal takes a new twist as senators demand CEOs’ appearance

The Senate Committee on Labour and Social Welfare’s investigation into the collapse of the Technical University of Kenya Staff Retirement Benefits Scheme (TUKSRBS) escalated sharply on Thursday after senators rejected submissions from mid-level representatives of the scheme’s administrator, custodian bank and fund manager—instead invoking constitutional powers to compel the personal attendance of their chief executives. … Continue reading TUK’s pension scheme scandal takes a new twist as senators demand CEOs’ appearance