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Tag Archives: nssf

NSSF Relations Manager convicted of embezzlement

Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund Relations Manager Joseph Sooka has been convicted of embezzling 152.7 million Shillings from the Fund Suspense Account. Sooka who has been in charge of the Suspense Account which the Auditor General has severally queried for accumulating unallocated funds is also …

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The many forces in the battle for NSSF

Kampala, Uganda | THE INDEPENDENT | When will the controversies over the National Social Security Fund-NSSF end? Who will be the next NSSF Managing Director? What is difficult in appointing the MD anyway? Is the 17.8 trillion-Shilling worth of assets safe? Will the probe by parliament, the NSSF Board and perhaps …

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NSSF probe committee hands Byarugaba’s phone to CID for forensics

Kampala, Uganda | THE INDEPENDENT | Parliament’s select committee investigating operations of the National Social Security Fund (NSSF) has handed over the phones of two Fund officials to the Criminal Investigations Department (CID) for further inquiries. The phone of the former NSSF Managing Director Richard Byarugaba and that of Chief Financial …

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NSSF probe committee turns away Lyomoki over bias claims

Kampala, Uganda | THE INDEPENDENT | Parliament’s select committee probing the operations of the National Social Security Fund (NSSF) on Thursday turned away Dr. Sam Lyomoki, one of the Fund’s board members over allegations of bias. Lyomoki, who represents the Central Organization of Free Trade Unions-Uganda (COFTU) appeared alongside other board …

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URBRA: NSSF provision of loans is irregular

Kampala, Uganda | THE INDEPENDENT | Officials from the Uganda Retirement Benefits Regulatory Authority (URBRA) have told Parliament that it is illegal for the National Social Security Fund (NSSF) to give out loans to different entities. Led by the URBRA Chief Executive Officer Martin Nsubuga, officials from the Authority on …

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NSSF on spot over Shs11 billion loan to Uganda Clays

Kampala, Uganda | THE INDEPENDENT | Lawmakers have criticised the National Social Security Fund (NSSF) for giving Uganda Clays an unsecured loan of Shs11 billion. This was during a meeting between NSSF management and the select committee investigating allegations of the fund’s mismanagement on Wednesday, 08 February 2023. The Chairperson of …

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What did Byarugaba tell the NSSF probe?

Former MD refutes Minister Amongi’s allegations of mismanagement of the workers’ fund Kampala, Uganda | THE INDEPENDENT | When Richard Byarugaba, the former Managing Director of the National Social Security Fund (NSSF) appeared before the select Parliamentary committee Friday 3rd February, he shared data and statistics in defence of his performance in …

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Auditor General faults NSSF on suspense accounts

Kampala, Uganda | THE INDEPENDENT | The Director Audit in the Auditor General’s office, Joseph Kirya has told the select committee investigating allegations of mismanagement at the National Social Security Fund that the fund’s management has failed to address the recurrent query on suspense accounts. Kirya together with the Auditor General, John …

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