By Francis Lubega

2nd Feb 2023

The members of the select committee of Parliament set up to inquire into the alleged mismanagement at the National Social Security Fund -NSSF have learned that the Fund is considering the possibility of processing a special title deed for the Workers’ House.


The Chief Executive Officer of Uganda Retirement Benefits Authority, Martin Nsubuga told the committee on Thursday that the title deed of the land on which the building was constructed was being held by ALCON, a firm that was contracted to build the Workers’ House.


The MPs are concerned that even if a special title is issued to the Fund it would be encumbered.


The Director of the legal service also Secretary to URBRA board Rita Nansasi added that the same land title was again caveated by NSSF management due to the fear that Alcon would defraud the fund’s land.


The committee also discovered that some of the investments by NSSF which included Temangaro land and Pension tower also had no land titles.


Meanwhile, the Minister of Gender, Labor and Social Development Betty Amongi while appearing before the same committee denied having requisitioned for the Shs6bn from NSSF to her Ministry saying that the said money was proposed by the  NSSF Board and the budget was brought to her for approval in the financial year 2022/23.

Friday 3rd February 2023 07:28:40 AM