NASSIT Debunks Le42Billion Theft
BY S. U. Thoronka
The Director General of the National Social Security and Insurance Trust (NASSIT), Mr. Joseph Sedu Mans (Jr.) has said that the quantum of money quoted in the Standard Times newspaper as allegedly being stolen at the Trust was not true and that the public had been misinformed by such publication. He said the publication was as incredible as it was malicious and that it was a figment of an imagination.
The Director General made this statement during a press briefing at the NASSIT Conference Hall on Walpole Street, Freetown where he drew the attention of pressmen to the action of one of the cashiers, Mr. Gibrilla Kamara who is alleged to have defrauded Le18m and still on the run.
He, however, maintained that the issue of the missing cash was discovered by the internal audit of NASSIT and that Gibrilla Kamara was the only cashier involved out of a number of other cashiers working at the Trust.
He said an investigation was set up which from all indication found the culprit Gibrilla Kamara wanting even though he was not in his post at the time of conducting the investigation.
The director General assured the general public that an in-depth investigation would be carried out to find out whether a lot more has been defrauded in addition to the amount that had been found missing, adding that after concluding their investigation the report would be submitted to the Police to proffer criminal charges.
The Director General informed that before now over ten cashiers have been dismissed as a clear demonstration of zero tolerance on corruption and assured the public that the contributions of employees is safe.
In order to allay the fears of the public, he highlighted all annual income contributions made to NASSIT starting from 2010 which amounted to Le100 billion, 2011 amounted to Le135billion, 2012 amounted to196 billion, 2013 amounted to Le225.5 billion.
In 2014 when the Director General took over management of NASSIT, the amount generated was Le272 billion, in 2015 Le323.5 billion and that figures for 2016 would be made available at the end of the year.
Investment portfolio in 2014 according to the Director General rose to Le27.22 Billion but dropped to Le22.33 Billion in 2015 due to the Ebola scourge in the country at the material time but rose again annually and exponentially after the end of Ebola.
He said it is a policy that any amount up to the tune of Le50 million and above is paid direct to the bank, adding that it is unfortunate that the writer did not cross-check his information to know the veracity of his allegation.