Moturi and the three others had argued that NSSF is not a public body and the funds stolen were not public funds but Prof. Sifuna said such an argument is unfortunate.
Haba Haba targets small-scale business people and those not formally employed, allowing them to contribute a small amount of money daily for their retirement.
The absence of younger workers poses a significant challenge for the institution grappling with a succession crisis.
Koros reiterated the importance of boosting the country’s savings rate, aiming to reach about 30 per cent of the GDP, a benchmark he said has been achieved by several nations.