NSSA Board Members Spoil Themselves With Unapproved Board Fees – Report

The National Social Security Authority (NSSA) Board members spoiled themselves with US$300 000 in board fees between 2015 and 2017.

This was revealed in the forensic audit by BDO Zimbabwe Chartered Accountants as contracted by the Auditor General’s Office for the period January 1, 2015, to February 28 2018. The reports read in part:

As a result of the Permanent Secretary’s actions, with effect from the 4th quarter of 2017, board members were paid incorrect and unapproved board fees.

We have treated all payments made as a result of Mr Masoka’s approval and the irregular implementation as an overstatement.

The total overstatement due to the 50 per cent increment and the irregular implementation amounted to $86 322 as at the end of the third quarter of 2018.

The NSSA board spent $41 000 in sitting allowances for a retreat meeting in Nyanga in 2017, the report further revealed.

NSSA employed an ICT expert, Bernard Machicha, who was paid US$20 000 per month. Reads the report:

… it could not be determined how the salary awarded to Mr Machicha was arrived at. The remuneration framework approved by the Minister at the time had the highest salaries pegged at US$17 470 for the general manager and US$15 210 for other directors.

More: The Sunday Mail

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