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NSSF Breaks Silence On Ongoing Investigations, Process To Appoint Substantive Managing Director

Patrick Ayota, the NSSF Ag. Managing Director

The National Social Security Fund (NSSF) has spoken out on the ongoing process to appoint a substantive Managing Director of the Fund. This is after a series of media reports highlighting alleged corruption and mismanagement at the Fund.

In a statement dated January 18, 2023, the NSSF Ag. Managing Director, Patrick Ayota, says: “We inform NSSF Members, stakeholders and the public that the matters raised are subject to an ongoing investigation by the Inspectorate of Government. We are therefore not at liberty to discuss them at this point.”

Ayota adds that in the spirit of transparency and accountability, the Fund will inform members and the public on the next course of action upon conclusion of the investigations.

“We reaffirm that the Fund is operating normally in the execution of its mandate. The Fund continues to receive member contributions, make investments and pay benefits to qualifying members,” the statement reads.

 

Taddewo William Senyonyi
https://www.facebook.com/senyonyi.taddewo
William is a seasoned business and finance journalist. He is also an agripreneur and a coffee enthusiast.

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