Former Board Chair of the Social Security and National Insurance Trust (SSNIT), Prof Joshua Alabi has said his board queried an inherited $66million software contract approved by a predecessor board because the management went beyond the approved figure.
The Economic and Organised Crimes Office (EOCO) is currently investigating five former officials of SSNIT in connection with alleged financial malfeasance relating to the procurement of the amount involved in the procurement of the BOS software by SSNIT.
According to current Board Chairman of SSNIT, Kwame Addo Kufuor, some 15 more officers have also been invited to assist in investigating corrupt activities at the pension scheme.
Mr Kufuor, who did not provide details of the exact nature of investigation, made this known at the signing of an audit agreement between the pension scheme and PricewaterhouseCoopers to review the financial records of the Trust in Accra on Tuesday, 22 August 2017.
“From my conversations, five people are being investigated and about 15 have been called as witnesses, but five are being investigated,” he stated.
The software was to help in networking all branches of SSNIT across the country to enable them to receive real time data directly to the headquarters in Accra and enhance efficiency.
Dissociating himself from the malfeasance, Prof Alabi, who is speculated to be eyeing the presidential slot of the main opposition National Democratic Congress told Accra-based Citi FM in an interview that: “What really happened was that maybe the management went beyond the approved figure and brought it to the board for ratification and we queried it, and this is in the minutes, so this is what I can tell you about that project.
“It was awarded before my board, the management went beyond the contract sum without cause to the board, they came to the board for ratification and we queried it and warned the management but then I also want to believe that the previous board really took into consideration the operations of SSNIT before they awarded that contract and the management also explained to the board that there were some unforeseen expenditure that occurred and that was why they went beyond their contract sum but then we queried them because we said they should have brought it to the board for discussion and approval before awarding it,” the former Vice-Chancellor of the University of Professional Studies, Accra, said.
Source: classfmonline.com
Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority. |
This ofri gyato who wants to run as presidential candidate in the National Disgraceful Cr.imi.nals shall be exposed soon. T.hieves!
as for this, people must be prosecuted, jailed, and made to refund the money. Our pensioners receive paltry sums and you loot their money. NOBODY must go FREE on this. They must SUFFER brutally and harshly. Make sure they PAY a heavy price for ***barred word*** the pension funds. This is why we voted for change. Nkwassssia fuor!!!
Ebobo ba. This Alabi man??
The (P)NDC party is cursed... everything... I mean everything they are engaged in is tainted with corruption, s.t.e.a.l.i.ng, impunity and greediness. I am very sure the ghost of Prof Atta Mills and all other innocent people they killed during the so called revolution days is now affecting them. I pray that that the e.vi.l NDC party will go into extinction soon.
National Disgrace Congress. They do not have any shame stealing. They blot all contracts and even blot Danida contracts at GRA.
Why are Ghanaian elders so cr1m!nally minded like this? Prof Alabi, a former VC of an institution that trains our future leaders should have shown a small example here. He should go back and analyze his statement and see if he thought about the nation. If you queried it, what action did you take and just went about again defending the action you queried. Elders in Ghanaian society has done more evil to the nation and that is why our state is like this. It pains me very much when I hear some things like what the Good Prof is saying. I cry for my country.