National Social Security Authority chairperson Mr Robin Vela told The Sunday Mail that they have identified the 529 hectares purchased for US$3 million in 2003 but had been reported as “missing” to the Auditor-General Mildred Chiri.
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NSSA can confirm that, following due processes and professional legal advice, the authority bought 529 hectares of land known as Hintonville Farm in 2003. It is unfortunate that at the time the 2016 annual financial audit was concluded, the Chegutu Town Council could not find the record of this purchase, prompting the recommendation to write down the land in NSSA’s balance sheet. It is worth noting that NSSA management was already in the process of investigating the existence and ownership of this land with the Chegutu Town Council well before the audit had started and can confirm, following further investigations involving the relevant transacting parties at the time, that the land’s existence has been identified and confirmed, and that the authority is comfortable that its title in respect of the land will be restored in due course.
More: Sunday Mail
The National Social Security Authority is Zimbabwe's social security company which was established in 1989 in terms of the NSSA Act of 1989, Chapter 17: 04, an act of parliament. The firm administers social security public funds on behalf of about 1,3 million contributors. NSSA... Read More About National Social Security Authority
Chegutu is one of the best farming communities in Zimbabwe situated in Mashonaland West Province. Located at some 105 km south of Harare, the city is residence to about 90 000 people. Read More About Chegutu
Mildred Chiri is Zimbabwe's Auditor General. Read More About Mildred Chiri