{"id":525312,"date":"2026-07-14T09:04:17","date_gmt":"2026-07-14T09:04:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/525312\/"},"modified":"2026-07-14T09:04:17","modified_gmt":"2026-07-14T09:04:17","slug":"county-workers-pension-at-risk-in-sh2-billion-lapfund-real-estate-mess","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/525312\/","title":{"rendered":"County workers’ pension at risk in Sh2 billion Lapfund real estate mess"},"content":{"rendered":"


\n\u00a0Auditor General\u00a0 raises concern over financial irregularities at Lapfund.[File, Standard] <\/p>\n

The Auditor General has flagged irregular contract changes and project delays that risk the loss of Sh2 billion at the Local Authorities Provident Fund (Lapfund). \n<\/p>\n

In a new report, the Auditor General has pointed to unauthorised increases in project costs and overpayments across two multi-billion-shilling real estate developments in Kisumu and Nairobi, raising questions on what could be irregular payments that bypassed standard procurement laws.<\/p>\n

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Kenya’s most trusted newsroom since 1902<\/p>\n","protected":false},"excerpt":{"rendered":" \u00a0Auditor General\u00a0 raises concern over financial irregularities at Lapfund.[File, Standard] The Auditor General has flagged irregular contract…\n","protected":false},"author":2,"featured_media":525313,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[138,246,111,139,69,244,245,259978,259979,137313],"class_list":["post-525312","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-new-zealand","tag-newzealand","tag-nz","tag-personal-finance","tag-personalfinance","tag-procurement-irregularitiespublic-procurement","tag-project-cost-escalation","tag-public-investment"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/525312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=525312"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/525312\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/525313"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=525312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=525312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=525312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}