JUST IN: Kenya Railways Officials Face Corruption Probe Over Ksh8 Billion Pension Scam
The Ethics and Anti-Corruption Commission (EACC) has launched an investigation into senior officials of the Kenya Railways Corporation (KRC) over the alleged mismanagement of Ksh8 billion meant for retirees. The probe focuses on the Kenya Railways Staff Retirement Benefits Scheme (KRSRBS) and its involvement in the irregular sale of 139 acres of land in Makongeni, Nairobi. Irregular Land Sale Under Scrutiny EACC’s latest report on financial statements and activities for the 2023/2024 financial year confirms the ongoing investigation into KRSRBS. The scheme, which manages pension and retirement benefits for former KRC employees and provides financial support to the dependents of
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