Sharp Daily
No Result
View All Result
Friday, September 5, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

NHIF faces potential billion shilling land dispute in Karen

Brian Murimi by Brian Murimi
March 14, 2024
in News
Reading Time: 2 mins read

The National Health Insurance Fund (NHIF) is at risk of losing a valuable 10-acre piece of land in the upscale Karen suburb of Nairobi, worth billions of shillings, to a rival group claiming ownership of the same property.

This emerged during a hearing of the National Assembly’s Public Investments Committee on Social Services, Administration and Agriculture.

“A rival group which had been claiming the 10-acre land had been paying for the land rates and rent rates of the disputed land,” NHIF Chief Executive Officer Elijah Wachira told the Committee. He said an individual named Peter Leparaku, representing the rival claimants, had made payments totalling KES 514,330 and been issued receipts by authorities, despite NHIF having also paid for the prime plot.

“The matter has since been reported at the Karen police station and investigations are ongoing,” Wachira stated.

RELATEDPOSTS

Government reaffirms commitment to free healthcare, pays NHIF claims

February 26, 2025

Government to reinstate medical insurance for civil servants

November 13, 2024

The Committee grilled the NHIF chief on why the land had not been fenced off as ordered by a 2016 court ruling. “The rival group claiming the land had invaded the land, brought down a concrete wall and arrested the security guard on site,” Wachira explained.

Emanuel Wangwe, the Committee chair, questioned NHIF’s KES 3.9 billion expenditure on a multi-story car park in Nairobi. “We need to be told what drove up the cost of the project to the point where billions were paid just for consultancy,” he said.

The Committee was stunned to learn NHIF had previously paid KES 1.4 billion on a separate abandoned project on the same site before building the car park. “So, you are telling this Committee that two different projects were designed and abandoned on the same land?” Vice Chair Caleb Amisi asked incredulously.

Records show the car park cost ballooned from KES 3.3 billion at completion in 2008 to nearly KES 4 billion by 2011 due to additional charges.

“We want to know why engineers were paid such a colossal sum before the commencement of the project. The contractors of this project must also be summoned,” Amisi demanded.

MP Martin Owino questioned why NHIF had invested member contributions into real estate instead of healthcare. “When NHIF was investing these funds, where did they get the money? Was it from member contributions?” he asked pointedly.

Wachira responded that the new law replacing NHIF with the Social Health Insurance Agency prevents such deviations from the core healthcare mandate.

The Committee appears set to scrutinize NHIF’s land dealings and construction projects amid concerns over mismanagement of public funds meant for affordable healthcare.

Previous Post

Treasury contemplates imposing 16% VAT on bread and milk

Next Post

Lawmakers push for stricter rules on online credit firms

Brian Murimi

Brian Murimi

Brian Murimi is a journalist with major interests in covering tech, corporates, startups and business news. When he's not writing, you can find him gaming, watching football or sipping a nice cup of tea. Send tips via bireri@thesharpdaily.com

Related Posts

Private equity investment business concept
News

Private equity and insurance

September 4, 2025
News

Kick financial goals: Invest with CMMF this football season

August 22, 2025
commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025

LATEST STORIES

Strategic financial moves steer Kenya’s economic stability

September 4, 2025
Private equity investment business concept

Private equity and insurance

September 4, 2025

How reforming payroll taxes can stabilize employment trends

September 4, 2025

How public ratings could shift healthcare dynamics in Kenya

September 4, 2025

Boosting Your Retirement Savings with Additional Voluntary Contributions (AVCs)

September 4, 2025

Kenya’s private sector downturn eases as PMI rises to 49.4 in August

September 4, 2025

The Importance of Including Pension Plans in Corporate Benefits Packages

August 29, 2025

The informal labor market and classical unemployment in the Kenyan context

August 28, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024