Anxiety grips defaulters as NSSF moves to repossess houses Updated Tuesday, December 25 2012 at 00:00 GMT+3 Kibaki President KIbaki and NSSF Board in Nairobi. The Fund has threatened to repossess over 300 houses if owners don’t pay up. [PHOTO: FILE/STANDARD] By Nicholas Waitathu and Frankline Sunday The Fund has issued a 14-day ultimatum in which tenants pay up their arrears or forgo their property Hundreds of families risk being rendered homeless this festive season as the National Social Security Fund (NSSF) moves to repossess houses and plots in six estates in Nairobi City. In a Kenya Gazette notice dated December 24, 2012, NSSF issued a 14-day ultimatum that buyers pay up their arrears or forgo their property. The ultimatum applies to tenants in its Tenant Purchase Scheme, TPS in Mountain View, Kitsuru, Kibera Highrise, Tassia I, Embakasi II and Embakasi III estates. Rescind agreement “On expiry of the said period, the Fund will rescind the Tenant Purchase Agreements of the tenant purchasers aforesaid and offer the property to other deserving Kenyans without further notice to the defaulters,” read the notice in part. The notice by NSSF has caught more than 300 property owners unawares with senior government officers, diplomats and former trustee managers at NSSF being part of the defaulters who owe the institution up to Sh51 million. Some of the defaulters include former NSSF Managing Trustee Alex Kazongo who owes the social security provider Sh331 920.70. Mr Tirop Kosgey, ministry of Housing PS, listed as one of the defaulters owing the Fund Sh114,114.30 denied he owes NSSF any arrears but confirmed to have bought a plot in Tasia from the institution. Peter Wamoto, an ambassador is also another defaulter NSSF claims he owes them Sh235,505.15. NSSF’s Chief Executive and Managing Trustee Tom Odongo said the repossession was part of NSSF’s resolve to recover all the debts accrued to it including land rates and rent arrears. “As at December 21, 2012, NSSF had creditors that owed the Fund more than Sh51 million,” said Odongo. “We disposed of houses and plots to interested buyers some years back but they have not been paying rent and rates.”

Updated Tuesday, December 25 2012 at 00:00 GMT+3

President KIbaki and NSSF Board in Nairobi. The Fund has threatened to repossess over 300 houses if owners don’t pay up. [PHOTO: FILE/STANDARD]

By Nicholas Waitathu and Frankline Sunday

The Fund has issued a 14-day ultimatum in which tenants pay up their arrears or forgo their property

Hundreds of families risk being rendered homeless this festive season as the National Social Security Fund (NSSF) moves to repossess houses and plots in six estates in Nairobi City.

In a Kenya Gazette notice dated December 24, 2012, NSSF issued a 14-day ultimatum that buyers pay up their arrears or forgo their property. The ultimatum applies to tenants in its Tenant Purchase Scheme, TPS in Mountain View, Kitsuru, Kibera Highrise, Tassia I, Embakasi II and Embakasi III estates.

Rescind agreement

“On expiry of the said period, the Fund will rescind the Tenant Purchase Agreements of the tenant purchasers aforesaid and offer the property to other deserving Kenyans without further notice to the defaulters,” read the notice in part.

The notice by NSSF has caught more than 300 property owners unawares with senior government officers, diplomats and former trustee managers at NSSF being part of the defaulters who owe the institution up to Sh51 million.

Some of the defaulters include former NSSF Managing Trustee Alex Kazongo who owes the social security provider Sh331 920.70.

Mr Tirop Kosgey, ministry of Housing PS, listed as one of the defaulters owing the Fund Sh114,114.30 denied he owes NSSF any arrears but confirmed to have bought a plot in Tasia from the institution.

Peter Wamoto, an ambassador is also another defaulter NSSF claims he owes them Sh235,505.15.

NSSF’s Chief Executive and Managing Trustee Tom Odongo said the repossession was part of NSSF’s resolve to recover all the debts accrued to it including land rates and rent arrears.

“As at December 21, 2012, NSSF had creditors that owed the Fund more than Sh51 million,” said Odongo. “We disposed of houses and plots to interested buyers some years back but they have not been paying rent and rates.”

Since last year, the National Social Security Fund’s top management has been engaging the defaulters with the view to recovering the dues but this has proved difficult.

“On expiry of the said period the affected tenants who would not have cleared their arrears by January 7, 2013 will be expected to give vacant possession of the premises to the fund immediately,” Odongo warned.