Minister
of State in the Prime Minister’s Office (Policy, Parliament, Labour,
Youth, Employment and Disabled), Ms Jenista Mhagama
She issued a directive when responding
to queries raised by members of a Parliamentary Committee on Legal and
Constitutional Affairs after NSSF’s top brass presented their report
before the committee on the implementation of their work plan spanning
July to December last year.
The report, however, received sharp
criticism from a section of parliamentarians, who said it was lacking
details, including plots owned by NSSF that had no title deeds.
Initially, MPs had suggested that the
report be shelved until enough facts were incorporated but it was later
decided by the committee’s Chairman, Mr Mohamed Mchengerwa, that the
report be presented so that MPs could debate it and propose what should
be added into it.
The report tabled before the
parliamentary committee stated that there was a challenge of obtaining
title deeds of plots of land where NSSF had various investments and
offices adding that even changing of names on plots that were purchased
by the security fund was also a problem.
This raised queries to some MPs who demanded enough clarification.
The committee chairperson directed that
NSSF go back and redraft its report that should among other issues
include the fund’s projects that are on land that is yet to secure title
deeds.
Ms Mhagama was also not happy with plots
that were yet to secure title deeds, a move that forced her to issue a
directive to NSSF officials to furnish her with a report within two
days.
The NSSF report indicated that between
July and December 2015, the pension fund collected 432.4m/- which is
equal to 54.7 per cent against the target of 789.4m/- whereas the money
was used to pay benefits to members as well as putting up various
investments and implementing various development projects.
According to NSSF’s Director of Projects
and Planning, Yacoob Kidula, it was difficult to run the pension scheme
through members’ contributions.
“We are investing in real estate and
other sectors in order to keep NSSF running for more years,’’ he said.
Malindi MP on CUF ticket Ally Salehe punched holes into the NSSF report,
saying he was not happy with it because it lacked details, information
and statistics.
He was backed by Ms Mboni Mhita (Special
Seats-CCM), among other MPs. The parliamentary committee chairman
directed NSSF top leadership to present a full report of their
performance before his committee on March 31.
“We need proper financial details of
each project, information on investments that are run on joint venture
and the percentage of shares,’’ he directed.
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