HomeBusiness DigestZCTU seeks audit of Nssa finances

ZCTU seeks audit of Nssa finances

Ndamu Sandu

THE Zimbabwe Congress of Trade Unions (ZCTU) is pushing for a forensic audit at the troubled National Social Security Authority (Nssa), it emerged this week.

The audit is envisaged to reveal the true picture of the authority’s financial position and its investments.

ZCTU secretary-general Wellington Chibebe said the idea of a forensic audit was decided because Nssa’s financial position and investment portfolio remained murky although it was handling millions of dollars in public money every month.

“We would want to have a forensic audit to get to the core of the problems affecting Nssa,” Chibebe said.

Chibebe said the last audit report done by former comptroller and auditor-general Eric Harid had revealed some serious problems at Nssa.

“Harid even refused to certify some of the accounts. There are serious problems at Nssa which were even highlighted by the parliamentary portfolio committee,” Chibebe said.

Chibebe said the ZCTU was still consulting on when the forensic audit could be carried out.

“Definitely a forensic audit has to be done because there are irregularities at Nssa.”

According to the 2001 reports by the auditor-general, record keeping and controls over investments at the authority were inadequate.

A parliamentary portfolio committee on public accounts in its report last year

noted that the authority had made an unwise decision by investing in the stalled Joina Centre project and Ekhusileni Hospital in Bulawayo.

Nssa, without a substantive general manager since 2003, has been failing to produce annual reports on time. The financial report for 2003 is not yet out.

Public Service minister Paul Mangwana said the ministry had not yet received information from the ZCTU pertaining to the forensic audit.

Mangwana said the authority would make available the 2003 financial report “soon”.

Mangwana said the Nssa board had conducted interviews for the post of a substantive general manager. Amod Takawira has been acting general manager since 2000.

Mangwana said three members would be incorporated onto the Nssa board to make it comply with the Act.

The new board announced by Mangwana early this month has six members

— Nimrod Chiminya, Runyararo Kaseke, Kenias Shamhuyarira, Mike Bimha, David Govere and Edwin Manikai.

Manikai chairs the board.

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