Shocking documents have emerged revealing how former Lugari MP Cyrus Jirongo once sought a staggering Sh960 million from the National Social Security Fund (NSSF) for a massive housing project in Nairobi’s South B estate.
The bombshell comes from a personal statement and a formal letter dated October 18, 1990, shedding new light on Jirongo’s ambitious financial maneuvers.
According to the records, Jirongo, through his company Sololo Outlets Limited, pitched a development aimed at Kenya’s middle class, proposing that NSSF finance the entire project and ultimately take ownership.
Under his plan, the Fund would release Sh480 million upfront, with the rest paid in stages as construction milestones were reached.
Jirongo’s statement also details the formation of Sololo Outlets with Dr. Davy Koech, then head of KEMRI.
While Koech was to leverage government connections, Jirongo would handle funding and marketing.
However, NSSF’s internal review reportedly flagged a major roadblock: laws at the time prohibited the Fund from direct property investments, making Jirongo’s plan legally impossible.
Undeterred, he explored alternatives, including City Finance Company Limited, which demanded hefty deposits before releasing funds.
The revelations come amid ongoing debates about 1990s-era NSSF controversies, where legal loopholes, political influence, and high-stakes deals blurred the line between public funds and private interests.
The resurfaced letters revive tough questions about governance, accountability, and how political power once shaped Kenya’s financial landscape.
Jirongo’s bold move to court billions from a public fund has now become a startling chapter in Kenya’s political-business history, reminding the nation of how ambition and opportunity intersected at the highest levels.