A parliamentary committee has unearthed gross abuse at a public provident fund body, the National Social Security Fund (NSSF), a vice that has muted growth of returns and penetration in Uganda’s pensions industry.
The committee has recommended that the Labour minister, top managers, board members, and some senior officials at the fund step down within seven days and called upon the Inspectorate of Government and Auditor-General to do a forensics audit and prosecute the culprits.