The Kenya Broadcasting Corporation’s pension scheme has received the ownership of the corporation’s staff quarters property located in Shauri Moyo, Nairobi county previously registered under the name of the former KBC Managing Director Eng. Philip Okundi. Okundi handed over the documents for the 72-unit property that generates 900,000 shillings monthly to the pension scheme’s board of trustees chairman Martin King’asia in the presence of among others, the managing director Agnes Kalekye at the Broadcasting House in Nairobi. King’asia said that in the last valuation done in 2015, the land was worth 216 million shillings. The corporation undertook to pay the 3.27 billion shillings it owes the pension within the next 6 months through transfer of some of its parcels of land.
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