Govt Sets Audit For NSSF

Mar 06, 2002

THE Government is instituting a special audit for the National Social Security Fund (NSSF), Parliament heard yesterday, reports Joyce Namutebi.

THE Government is instituting a special audit for the National Social Security Fund (NSSF), Parliament heard yesterday, reports Joyce Namutebi.But the MPs demanded NSSF be removed from the Public Enterprise Reform and Divestiture (PERD) Statute.The Minister of Gender, Labour and Social Development, Zoe Bakoko Bakoru, told the standing committee on commissions, statutory authorities and state enterprises that there were several audit queries on NSSF. She said the Fund managing director, Yoramu Barongo, and the corporation secretary, John Baptist Kakooza, who were suspended, would be called to answer certain questions.The committee, chaired by Zachary Olum, had called Bakoru to brief the committee about NSSF. Board members attended the meeting at which Bakoru emphasised that the President had no interest in privatising NSSF.Charles Bakabulindi (Workers) had told the minister that he intended to move a motion to have NSSF removed from class 4 of the PERD Statute as an indicator that the Government had no interest in privatising it.But Bakoru agreed to discuss with Bakabulindi to see how the removal could be effected. She also promised to consult whether the classification under PERD was for reform purposes. The MPs told the minister that the Governor Bank of Uganda said NSSF was going to be privatised. But Bakoru said, “There is no interest even by the Government to privatise NSSF.” The Fund belonged to workers, she said.Aggrey Awori (Samia Bugwe North) said the minister should have fired the whole Board and not only two people.Ends

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