NSSA bought land for $3,4m using pensioners' funds, but has no idea where the land is

Auditor-General Mrs Mildred Chiri has revealed that the National Social Security Authority (NSSA) bought a US$3,4 million piece of land in Chegutu using pensioner’s funds but is mow claiming that it cannot find it. In her report on state enterprises and parastatals for the financial year ended December 31, 2016, Chiri said:

There was no evidence of a written handover takeover between new executives and their predecessors. Handover takeover should have been documented and agreed between the concerned officers. As an example, land in Chegutu, Hintonville Extension valued at US$3 419 000 was written off in the year ended December 31, 2016 as the authority could not locate the land.

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