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Tuesday, August 11, 2020

Pensioners to storm HH’s home today demanding payment of K457M pension funds

Headlines Pensioners to storm HH’s home today demanding payment of K457M pension funds

UPND President Hakainde Hichilema
UPND President Hakainde Hichilema with Miles Sampa

92 former BP Zambia workers, who won a court case regarding final salary pension scheme have issued a 7-day ultimatum to Saturnia Regna Pension Trust Fund owned by Hakainde Hichilema to pay up the outstanding K457m.

Group representative and lead plaintiff Expendito Chipalo said the representatives of the 92 workers (236 families) will deliver the Petition at 09:30 Hours at Mr. Hichilema’s home on Tuesday 24th May 2016.

The 92 workers who have been battling in court with Hichilema’s pension fund for over 20 years for their pension benefits to be paid said they could not wait any longer as many of their members had died.

They warned that if Mr. Hichilema does not pay within the 7 days, the 236 families will camp at his home until he paid their money.

Recently the former BP workers finally won the case in the Supreme Court ordering Saturnia Regna Pension to settle immediately the Pension Benefits.

On 28th April 2016, the assessment court also ruled in favour of the former BP workers but Hichilema has raised another technical appeal despite the final Supreme Court Ruling.

For the last 20 years the company has used all sorts of legal gymnastics to evade paying the workers’ pension benefits.

In January 1995, Saturnia Regna Pension Trust took over the administration of the BP Pension Scheme from the Zambia State Insurance Corporation.

Saturnia received initial contribution of K1.5 billion and the fund grew to K22.7 billion then.

With benefits and interests, the workers’ fund has grown to excess of K457m.
After this Saturnia began to procrastinate to pay due pension claims insisting that workers would only be paid after age 55 years or at death.

“This was crude theft of our pension savings”.

Both the High Court and Supreme Court have ruled in favour of the workers saying the action by Saturnia was contrary to the Income Tax Act and pension laws.
Mr. Chipalo said the representative will deliver a petition at 09:30 Hours today and warned that the 236 family members will next Tuesday camp at Mr. Hichilema’s home indefinitely, until he paid their money.

They said threats and attacks will not deter them as this was their money that they have patiently waited for 20 years.

188 COMMENTS

  1. We keep telling you UPND people that this Kaponya (HH) is a crook. We’ve always known him to be greedy and selfish. And he claims to be rich? from stolen money. What a crooked evil man we have in (HH)

    • There you have it! HH is a business man looking to capitalize on Zambia and build himself more mansions. Only worms and maggots will vote for him.

    • @Mr Kudos

      You Chi Mr Skull who has unleashed you on HH?

      You only breath, eat & dream HH!

      Just because you are looting as an individual you think everyone is happy with the collapsed economy!

      Hopeless character!

    • Embassy staff, go and do some work. You are always the first ones to comment on this PF site as if you are not being paid by tax payers’ money. anyway, your days are numbered at embassies. Your attempt or rather Edgar’s attempt to tarnish the name of HH is all in vain. Watch the space till 11.08. and then……….

    • If it was an LTD company then HH has nothing to do with this unless you tell me that it was a sole trader type of business, Zambian.
      Any one who has done civics in grade 8 knows this, a limited company is totally separate from the owner.
      I wish all the civil savants who have not been paid what they worked for will go and camp at state house.

    • Don HH greatest Mafiaso in zed. Still young but has been making paper for years. HH ni mwamuna zoona!!! Throw in i

    • Don HH greatest Mafiaso in zed. Still young but has been making paper for years. HH ni mwamuna zoona!!! Throw an injunction at them, keep them at bay for a few more months.

      Vote HH 2016

    • After realising that the tribal and privatisation tugs have been poured water and not effective anymore, they are no concocting lies just like they lied in broad daylight that GBM assaulted some marketeers. No one will buy your sh#t anymore. Just prepare to go into the opposition. Since 1995???????? If this was true, it would have been an issue from Mwanawasa’s time through RB to Sata. You are just making HH and GBM be loved more by even many neutral people. It is like a guardian who keeps on kicking this boy he keeps all the time saying this boy is naughty when no one can even see when the boy misbehaves. The boy will attract sympathy. Continue with your Edgar campaigning for HH and GBM.

    • You i.diots understand things, it was Not HH who got the pension money, it is company, separate an individual from a company.

      Dont forget that Lungu ate money for his clients and was banned from practising law by LAZ…… HH did not eat anyone’s money, these pensioners are working under instructions from Lungu to embarrass HH.

    • WE NEED RHE PEOPLE RUNNING THIS COMPANY AT MINISTRY OF FINANCE. COULDN’T HELP BUT NOTICE HOW THEY GREW THIS FUND. THAT IS EXCEPTIONAL GROWTH. THESE ARE THE MINDS WE SHOULD HAVE RUNNING ZAMBIAS FINANCES.
      UNO MWAKA VOTE WISE
      PF PANSE!

    • Those asking for prayers for HH are just wasting there time. God does not help thieves and especially stealing from Poor people. You are seated in your comfortable sofa writing rubbish while your fellow Zambians have suffered for 20 yrs without getting there money. Do you know what it feels to leave employment without money?Which God are u playing to?? You evil spirited men and women, just because u want HH to be in power, you start offering fake players even when u know what his company has done is evil?what kind of Christianity is this?

    • HH is one of the directors of that company u cant take him out of this. He is 100% aware of the sufferings of these people. Dont defend him by saying he is not Saturnia, he is actually Saturnia, very much Sartunia for that matter because he is part of decision makers for this company.Accusing Lungu and Kambwili will not help u solve this matter. If I was a UPND cadre, I could advice HH to quickly address this by assuring these poor people when they would be paid instead of insulting them. No wonder people laugh at UPND as under 5s because u don’t know how to play politics despite being in opposition for over 10 years.

    • As for HH, you are a very bad Man. How can you make people suffer for 10 years without giving them their money even after wining the case in our courts of law? And you want to be our President? You even go on platforms preaching that Zambians are suffering when you are part of the problem? May GOD forgive you and I advise you to repent and ask God to forgive u because what you and your company has done is evil. Our players are that Zambia should never allow you to get anywhere near powers of this of this country. You will NEVER BE OUR PRESIDENT.

    • read the article again,,, this story is upside down, ,, all pension schemes in Zambia, there is always a catch
      those of you who are educate should know that HH and his busines are separate,,, go and camp at saturnia pension offices like you friends at mukuba pension house do!!!

    • Mr Kudu, you sir, you are an idi-yo-t! I have never known such a fo-ol-is-h and ig-no-ra-ant individual in my whole life! What are you going to do if your Lungu loses and HH wins? How are you going to live?

    • SOLE BANE TAMWAKASHIMONE. HH ALIKULILAMYE NGANDA. HH IS ALSO STRUGGLING TO PAY THE FUNDERS OF HIS CAMPAIGN. THE COMPANIES HE PROMISED MINES.

    • Desperate PF resorting to desperate actions of using poor to concoct lies. This article says Saturnia Regna Pension Trust against the pensioners? How does HH com in? I thought we`re civilized enough to understand the distinction between the corporation and shareholders. I also have share in some companies, but guess what, I don’t expect them to come to me if they`re are not paid overtime.

    • Iwe Chika.la kudos Regina saturnia is owned by Chika.la munobe alexander chinkwada those who have worked with mopani copper mines will agree with me. And for your own information I need a dog washer and you would fitting well with my dogs kaili u are of the same calibre.

    • @ Snake bite and Ndobo together with the like minded as yourselves do not waste your time and effort trying to educate coconut heads for the haters that they are, they won’t let simple reasoning guide them! It’s warped thinking of appeasement for the PF by the ignorant pensioners!

    • What about the millions PF government owes pendion after they changed ftom paying lumpsum to monthly payments.

      This this PF s fesperate attempt to demonise HH again. These pensioners will end up loosing even a small amount they deserve if they go ahead and atagonise a person who has nothing to do with this.

      Now that privatisation story is dead and burried Lungu and his desperate PF havd hatched another trick.

      VOTE HH and UPND.

    • How convenient to pass the ruling a few days towards the election date from 20 yrs ago. All pension funds have conditions and NAPSA also only pays after 55 years or death. The court ruling has changed that and yes the company should pay thereafter. HH is not the company as all companies have their own character by definition as per the company law defining Limited company act.

    • A friendly advice to Sponsors of pension schemes, employees and pensioners, do not give any of your hard earned money to Saturnia Regna, Professional Life and Madison Life. They are disasters bound to happen sooner than one realises. Rampant misuse and inside borrowings by shareholders, directors and management of these companies. Avoid these companies lest you lose millions of kwacha. Beware!

  2. Who know how many (HH) has sent to the grave by withholding their dues for 20 years? This crook would rather buy helicopters than pay the BP workers and miners

    • It’s by the fruits of their trees that we shall know them…i think this is the only Sontapo for HH….theft

      HH is a pathetic Liar
      HH over-promising
      Don’t vote for HH

      August 11 vote PF ( Edgar )

      I thank you

    • A friendly advice to Sponsors of pension schemes, employees and pensioners, do not give any of your hard earned money to Saturnia Regna, Professional Life and Madison Life. They are disasters bound to happen sooner than one realises. Rampant misuse and inside borrowings by shareholders, directors and management of these companies. Avoid these companies lest you lose millions of kwacha. Beware!

    • Politics aside, Muna Hantuba has used HH (as a director) to make billions as has been done by other pension managers. A friendly advice to Sponsors of pension schemes, employees and pensioners, do not give any of your hard earned money to Saturnia Regna, Professional Life and Madison Life. They are disasters bound to happen sooner than one realises. Rampant misuse and inside borrowings by shareholders, directors and management of these companies. Avoid these companies lest you lose millions of kwacha. Beware!

  3. Yayaya awe sure. Ummmmm no wonder people fail to account where their wealth came from!! Tip of the iceberg

  4. While we in PF are pointing to big developmental projects this Kaponya (HH) can only point to privatization theft and misery of the suffering pensioners. This man is a threat to the people. Now we know the source of his wealth it’s this Saturnia Satamic company

    • Fake wealth stolen from people’s money. and he claims to be rich this proud elitist minion? Fake wealth, It cant last long. Usually these Satanists are given 5 years for their wealth. So Hichilema must have stolen from many companies and mines for him to be alive up to now.

    • Stealing from pensioners is like stealing from a Widow. That’s worse than any crime you can think of. This crook is scum

    • MR. KUDOS,
      You seem to be too quick to 4get events. The President moved state house to kopala last year and while there, over the miners, he promised to protect their jobs. 2 weeks later miners lost their jobs. A daylight truth which the whole world heard, is up to-date a DAYLIGHT LIE. Can you deny this lie? what has changed of this man in one & half years?

    • A friendly advice to Sponsors of pension schemes, employees and pensioners, do not give any of your hard earned money to Saturnia Regna, Professional Life and Madison Life. They are disasters bound to happen sooner than one realises. Rampant misuse and inside borrowings by shareholders, directors and management of these companies. Avoid these companies lest you lose millions of kwacha. Beware!

    • Hap Hazard (HH) is a threat and a thief. You must be one of his demons sent to confuse the masses. This Kaponya father of yours is nothing but a cheap crook and cold hearted basturd. 20 years?

  5. The Article is too personal other than reported from a business perspective …. I doubt if equity in Saturnia is held by a single person. The Trust Managers are the ones that are supposed to be approached by the protestors besides its a court ruling and Bailiffs are always handy to pounce. If they have pounced on state owned enterprises before … even the mighty ZANACO why no Saturnia trust ??

    • This is one posting which would silence the PF illiterates. The schemer of this nonsense is no other than Dr Chishimba Kambwili and has obviously been outwitted, outsmarted, out-thought, outmanoeuvred, outplayed by @ Shameless.

  6. Ati Edgar andya clients money kanshi mayo kwalilba nabalya pension money yaba bantu. HH eya lelo lelo lipileni ba richest man.

  7. there was stand up for zambia on MMD Tv by then, what happened, PF won, we expect more of that. Me and my family its HH all the way

  8. (HH) has shares in a Satamic company called Saturnia we are not surprised about his shetanic dealings this mu Saturnia ko

    • Kikiki. Kudos ulishilu sana. Wabapesha ba mambala. They can’t even keep up with your comments.
      Ati Edgar aliiba impiya sha ba client, no. Actaully HH is worse. Look at all these people who have been suffering for 20 years and to him it’s just a game of cat and mouse. What about the poor miners who died from depression when they lost their jobs? Ka HH kena kaiba ne ngombe katwala pe farm yakwe ati rich man, eh business man. Kwisa? Wapya bonse waipaisha kuli depression balekubukila.
      Ifwe mpaka litente. Umuntu ni Lungu chapwa.

  9. How is ECL desperate??? People have died without enjoying their benefits and you think God is happy. Upnd is saying that their concerned about people’s sufferings. These former bp employees are they not entitled to their money. How can you be so concerned about the majority when you have failed to do look aftera few. 20yrs is such a long time to punish innocent people with the fruit of their judgement. Stop taking advantage of the poor people and do the right thing hh.

  10. HH sonta epowabomba. Only privatization and now Satan stealing from retirees. How is this man going to protect the people he steals from?

    • Mr Kudos where have you been all thís time when PF needed you the most? Awe wabapesha ba UP N Down party……kikikikikikiki

  11. From today onwards Zambian watchdog won’t support the big thief HH. Please let’s all support and vote ECL

    • Saturnia Regna is unable to pay as Muna Hantuba used pensioners money to finance fellow tonga Chalala of Kapiri glass.

  12. WE HAVE ALREADY HEARD THAT THIS IS A CONCOCTION BY DESPERATE LUNGU THRU KAMBWILI. LISTEN TO THIS DESPERATION BY THE PF CRIMINALS. ZAMBIA HAS GONE TO DOGS! LUNGU IS A DOG! LUNGU SHOULD DIE! LUNGU SHOULD DIE! POVERTY IS REAL IN ZAMBIA, THAT IS WHY PEOPLE ARE EASILY BOUGHT TO COMMIT EVIL, AND SINCE LAW IN ZAMBIA IS BIASED, THESE CRIMINALS CAN NEVER BE BROUGHT TO BOOK. LUNGU IS SO BIG-HEADED. HE THINKS HE DIRECTLY CONTROLS EVERY ZAMBIAN’S LIFE. GO BACK TO YOUR COUNTRY MALAWI. LEAVE US THE ZAMBIANS ALONE. WE WANT HH TO RULE US, NOT YOU JIHADIST!.

    • TRUTH and other like minded bloggers,

      It may just poor reading culture on your part. This is not the first time this story has come out. This story came out several months ago in two of the daily newspapers. Some of us personally know the victims of this scam by HH. This is not Lungu’s concoction. If HH was clever, he could have reacted the first time this came out in the newspapers and made arrangements for the prompt payment of these pensioners. As the saying goes: a stictch in time saves nine. Why let the matter boil over and then blame an innocent Lungu as the instigator?

    • Mr Truth you can hide or yap anyway you like.
      Us we know and have always known that HH is a thief. If he kept quiet like Valentine Chitalu and others, his source of riches would have remained secret
      But he come s back on the back of stolen money that he is intelligent, economist can fix the economy yet he is not capable of this. Just look at how scant and trivial his so called 10 point plan at his launch rally in Kitwe. Without the HOW HE WILL DO IT.
      ECL IS BACK IN PLOT 1. IT IS JUST A MATTER OF TIME.

    • You read from useless and warped watchdog using your warped mind ati ni concocted story by Dr.kambwili.

    • This is going to hurt the UPND campaigne. It is not looking good. If HH owned this firm he should come out in the open and say so. If he just bought shares inf the firm, and it went under, then he is also a victim and should come out and say so…! We the people what to know what this is all about. Being stubborn and keeping his mouth shut on money issues is not good leadership. How can you trust a man who cannot look after his personal finances run the whole national funds?
      I DO NOT TRUST THIS….! A COURT RULING IS A COURT RULING

    • On this one, please just try and deal with it. Don’t politics otherwise we are bound to loose more votes…
      The PF HAVE a personal strategy for HH and the smart he handles these issues, the better. Don’t deny this one ba HH please everyone knows your connections to that company… And I bear witness to this because my aunt (or mother in traditional culture was a recipient of these dues, which were never paid in full, she is late now and her children have contacting this company the last 7 years).

      When ZNBC finally brings their cameras to HH MANSION and show the families camped outside… ni something, something votes lost for UPND!!

  13. PF chaps, school is important lelo naishiba kwena. A company in law is a legal person (entity) who can sue and be sued. If an individual owns a legal entity (firm) even himself can sue his own organisation!!!! Try and study some law mwefipumbu mwe. So how does HH be attached to a legal entity?? Awe ifwe muli ba Nawakwi we wont take things personal, your president is a Lawyer so he must differentiate the two and you the so called reporter, your reporting is rather utter rubbish, try and do some research before writing nonsense in public!! Mulyokela and Nawakwi running mate for lyf noti ubupumbu ubu!!!

    • Ba Ex Zit, if you were as educated as you want to pose, you’d have known for a fact that not everything that is legal is right. A true leader always aspires to be ethical!

  14. Ati shameless the fact is a leader vaying to be a president if this great nation has influence over the company in question. At the moment we believers are praying that God should give as a leader and all those with bad intentions he should expose.

  15. Tough luck. HH is a separate entity from Surtunia Regina Pension Scheme. Surtunia is a limited liability company. Such rubbish gimmicks by PF wont go anywhere.

    • Who owns Surtunia Regina Pension? Who is the underwritter of this company?
      They MUST pay these pensioners with interest

    • ONLY YOU THINKS LIKE THIS IN AN ELECTION TIME.
      TRUTH HH ANUS IS DAMAGED. NOW ITS PORING SOILING
      HH IS FINISHED EVEN BEFORE THE VOTE STARTS

  16. Don’t be fooled. A rich man can never have the interest of the poor whether it is in America, Donald Trump, or in Zambia, HH. Indeed is it not said in the bible that it is easier for the camel to go through the eye of the needle than a rich man to enter the kingdom of heaven or something like that. But ba Lungu can you also pay pensioners their annuities. While there is money for marketeers there is no money for pensioners. Can I conclude that all politicians are interested in self preservation. According to your new manifesto and also in your old manifesto pensioners’ benefits will be paid promptly and will be linked to inflation and yet you can not pay especially LASF annuities. The late MCS had a heart for the poor.

  17. LUSAKA TIMES PLEASE ALLOW US TO FLAG IN OUR VOTES AGAINST PEOPLE’S COMMENTS. IS LUNGU CENSORING YOUR PAPER AS WELL? PLEASE REMAIN NEUTRAL, THAT IS INTEGRITY!

  18. I have said before dont insult as insult the people that committed these crimes for letting you down.
    Why is it that you rush to insult. Please deal with your tempers.
    The way we prayed on October 18th we can arrange another day for all of you with vulgar languages and tempers to be delivered.

  19. Don’t be fooled. A rich man can never have the interest of the poor whether it is in America, Donald Trump, or in Zambia, HH. Indeed is it not said in the bible that it is easier for the camel to go through the eye of the needle than a rich man to enter the kingdom of heaven or something like that. But ba Lungu can you also payy pensioners their annuities. While there is money for marketeers there is no money for pensioners. Can I conclude that all politicians are interested in self preservation. According to your new manifesto and also in your old manifesto pensioners’ benefits will be paid promptly and will be linked to inflation and yet you can not pay especially LASF annuities. The late MCS had a heart for the poor.

  20. But, ignorance and lack of knowledge could be a cancer! How could HH own a Trust Fund that is owned 100% by its own Members, a Fund that has no share capital at all? Crazy! Just by professional advice?

    This man must be very great and God must have spent a lot of time Creating him!

    • yaba kudos ati satamic, any @ maano your belief that God had spent a lot of time creating HH or u mean in the,womb,because maximum time in the womb is 9months,if 9 passes the pregnant women usually panic,ok now I will teach you how HH got into Being,thier was man and woman who got to know each other first,you see man and woman are different in structure,a mans body usually has stiffer muscles inside and one muscle out,for a woman she has bigger softer breasts and a FOPO,what I mean by fopo I mean FOPO,but her main part is her womb thats where the name woman is derived from a womb man,so in reality we are all men kikiki,anyway man inserts muscle in fopo,after realising seeds,one or more seeds merge with the eggs in the woman which creats a featus,then to a baby then out through fopo,then…

  21. EVERY ZAMBIAN PRAY PRAY PRAY!PLEASE NATIONS OF THE WORLD HELP US IN PRAYER. THIS TEST MUST BE PASSED. ZAMBIA SHALL BE SAVED.

    • It’s a game of perception. That’s what you need to understand. You think the uneducated masses understand the veil of incorporation? What they will take away is this in plain nyanja: ati HH anadya ndalama zabantu za pension. Benangu banafa ndalama kuzi siya. Awe uyu muntu ni oyipa mutima. Sitingamuvotele.
      If you grew up in the suburbs, you will not understand this kind of reasoning but it is reality. Food for thought, ain’t it?
      A political career is like a walking on a ledge everyday while trying to get to your destination. Tough!

  22. Ba Lusakatime be objective in your reporting. Since when was Saturnia regna solely owned by HH, and how come we were not aware of him personally being in court over said issue? It doesn’t take a rocket scientists to see whats going on here, tarnish HHs name at all costs because his is a serious threat to thier continued stay in power. Even their campaign slogan is targeted at one man and not the people of Zambia such are their desperation levels.

    • UPND Christian believer drop to your knees and intercede for and engage in spiritual warfare for HH and team. Lungu is ruthless agent of Satan.

      Lets bombard Satan with spiritual atomic bombs.

    • kapotwe didnt u hear your friends tell u some companies private owned and some r limited, example if u kapotwe own a kantemba,then u have a private company,it means whatever happens on u the business also gets effected,like anga baku gwila nama set,they tell you kapotwe pay 100000000000000 bail it means u can sale ur kantemba and ur home tv and ur house,everything goes but with limited only u get effected,olo ufe the business carries on,and if its the business that bailed u out then it will want its money back,so HHs house cannot be sued,his choppers cannot be sued,HH cannot be sued,because HH isn’t the one in trouble its the company and Hakainde is simply keeping the companies money for security perposes,thats why kapotwe u should vote for PATRIOTIC FRONT

    • Joe breaker, I doubt even you understand what you have written. For what its worth satunia regna is a Trust Fund not a limited company, feel free to consult google if you need help.

    • Kikiki, hahahahaha . Prayer Warrior, you mean bombarding HH with spiritual atomic bombs? Don’t bother, he’s already tired. He means no harm.
      Damn! You people are funny.

  23. @ Kudos, get a real job. Who has time to be blogging KRap endlessly if they are in a meaningful occupation.
    Use your time for something positive and beneficial

  24. HH is liable to pay pensioners. HH needs to apply PPP corporate governance…which covers Profit, People and Planent… HH seem to care only about PROFITS. Yes we understand the company being seperate from shareholders,…but this do not exclude Satanic or whatever company from applying corporate goverance principles.

    HH and his directors are liable. And out of this story HH will suffer votes come August.

  25. All well meaning Zambians must pray and petition THE ALMIGHTY FATHER IN HAVEN to help us remove PF from power in the same way he helped in delivering the Israelites from captivity in Egypt.

  26. Desperate acts by Mr ECL and Dr Kambwili. Its a tough game for HH and GBM. Are they going to survive? So how much money has been paid to these guys and the majority of bloggers on this forum. This is going to be a very expensive campaign. Zambians brave yourselves for hard times after the election. Best luck.

    • @ chaswe if Edgar can pay for us to,blog then he can pay us to,vote too,tuka tantamafye elo twaisa sonta

    • Jo, Walanda bwino. Epashili pakuleka. Getting paid to sonta, tukaya tantama elyo not pa state house ku chintu bwingi. Tukaya pokela ku state lodge as chief sontists. Iyi yawama.
      Mpaka litente. Umuntu ni Lungu mwebena Zambia.

  27. The desperation being exhibited by PF is stay in power is extremely surprising. PF will go to the end of the world to demonize HH who is their major stumbling block to continuing stealing.

    Any average normal is aware or ought to be aware that a limited company is a separate entity to the shareholder or holders.
    They are a lot of pensioners languishing without being paid their dues by PF Government who have the audacity to spent tax payers’ money useless venture such ferrying cadres to Lusaka for a political rally, waiting money on signing of the amended constitution, illegally maintaining ministers the list is endless.

  28. Well if u read post newspaper editorial for Today ,u would conclude that HH is corrupt period.
    -HH sold mines,
    -HH doesn’t pay workers well
    HH is sorrounded by corrupt chaps e.g GBM who loves govt contracts
    HH has now eaten pensioners money.
    Can u trust such a leader who fails to explain how he acquired his wealth?UPND chaps are driven by tribal grouping who think that HH is a Last Messiah in Tonga land.Let us vote leaders on merits not on tribal groupings.The man can’t lead Zambia period due to his lack of understanding of politics.Sela tubombeko sonta epowabomba.Vote EL

  29. By Lusaka Times try to be objective and stop being petty. Saturina Regna is a Trust and has Trustees and properly regulated by Pensions and Insurance Authority (PIA). Before amendments to the Income Tax Act, the law provided for refund of only employee portion and the employer’s portion was to be accessed at age of 55. After the amendment which happened in 2005 if I am not mistaken, the law provided for refund of both employer and employees’ portion to employee who left their employers. Now you cant apply the law backwards, those BP employee left before the law was amended and now are benefiting from an amended that only happened recently. On HH owning Saturina, oh please do your home work. Search with Ministry of Lands where trusts are registered. Your story is way passed the mark.

    • I DO NOT TRUST THIS….! A COURT RULING IS A COURT RULING. This sounds like a scheme where stakeholders were mis-selling pension schemes to people privately and promising them alot of money when they retire, but unlike a pyramid scheme people pay in and when the firm collapses they all lose out – and the only person who gains is the person who has shares in the firm.
      This is going to hurt the UPND campaigne. It is not looking good. If HH owned this firm he should come out in the open and say so. If he just bought shares inf the firm, and it went under, then he is also a victim and should come out and say so…! We the people what to know what this is all about. Being stubborn and keeping his mouth shut on money issues is not good leadership. How can you trust a man who cannot look after…

  30. Africa Life Financial Services Pension Administration
    We provide employee benefit services to over Ninety (90) pension schemes totaling over Thirty (30) thousand employees. The employee benefit service is administered with utmost efficiency and professionalism by our expert team of administrators. Employee Benefits comprises Two (2) main services:
    § Pension Administration.
    § Pension Consultancy.
    The main activities under Pension Administration include keeping detailed member records, maintaining the financial accounts, processing contributions received and withdrawal / claim payments, producing member and funds statements and compilation of detailed Trustee reports and Real Estate matters. In addition, our Pension Consultancy services include technical advice – given in order to vary…

  31. UPND get your house in order – this is not looking good – it is not sounding right….! Do you really care about the people of Zambia or what? Is getting into government just a gimmick to make more money?

    Mmmmmmm….! this issue is costing HH and team a lot of VOTES.

  32. I refuse to be ignorant, misinformed and dull, so I googled “Satunia Regina” and followed up a couple of links.
    My conclusion- this article is a bunch of cow-dung, Satunia Regina is managed by Africa life financial services which in turn is owned by Botswana life insurance which in turn is owned by Sanlam South Africa. Don’t be cheated.

    • So u dont know that HH has shsres in Africa life finacial services. uli chipuba. The people complaining here have facts. some of them work there

  33. In addition, our Pension Consultancy services include technical advice – given in order to vary aspects of the fund, registering the funds, ensuring all legal requirements are met, offering value added technical advice to the trustees, generic trustee training, member education and member booklets.
    Our Employee Benefits Administration & Consultancy services are as given below:
    Pensions information management.
    Pensions technical consultancy.
    Investment advisory services (Managed by Employee Benefits Zambia Ltd, a wholly owned subsidiary).
    Managing the Saturnia Regna Pension Trust Fund, Zambia’s largest private sector pooled trust fund.

  34. UPND supporters. You are the same ones who support Post, Watchdog fabricated stories. I am not sure if indeed these people are sent by PF but the court case is real. Good that UPND/Watchdog is getting a test of its own medicine.

  35. Stop politicking UPND. If this man’s schemes have hurt Zambians, and then the pray and God hears, after August 11 and Nawakwi or Lungu win. HH shall pay back monies owed to our relatives.

  36. RUTH and other like minded bloggers,

    It may just poor reading culture on your part. This is not the first time this story has come out. This story came out several months ago in two of the daily newspapers. Some of us personally know the victims of this scam by HH. This is not Lungu’s concoction. If HH was clever, he could have reacted the first time this came out in the newspapers and made arrangements for the prompt payment of these pensioners. As the saying goes: a stictch in time saves nine. Why let the matter boil over and then blame an innocent Lungu as the instigator?

  37. My pension fund is managed by Saturnia Regina Trust Fund. Our pension fund with others own Saturnia. We are regulated by Pension Insurance Authority.

    HH does not own Saturnia.

    I challenge PIA Director General, Mr Libinga, to issue a statement to avoid a run on the fund triggered by Lungu wickedness. Lungu is violence.

    • Pensions and Insurance Authority regulates all pension schemes other than Public Service Pension Fund.

      The claim by BP retirees is not a political matter for wicked Lungu. We the Saturnia trustees have to map a way forward. It’s our money and not Lungu’s.

  38. This article first appeared in the Bulletin and Record Magazine and from the article it was clear that the Author was hell bent on tarnishing HH ‘s name. If at all HH has shares in this company why was he not sued as a party to the court case. How is he expected to pay the former employees when the court has ORDERED Saturnia Regna to Pay. Mr Chipalo and your group if your claim is genuine get a Bailiff and sale that newly built building on Los Angeles Road near the Official residence of the Vice President of Zambia. I don’t think you will achieve anything by camping at HH’s house

  39. Zambians we are so dull even when we are suffering we want to support the failed government.If HH was a shareholder of BP that doesn’t make him liable to pay please fools haven’t you heard of the world limited liability before

  40. @ snake bite yes we learnt that a ltd company is a company separate from its OWNER,key word here owner,it means he owns it,for example,a dog bites someone,who pays for the damage,the owner or the dog,hakaindes mansions are safe,but if the HH fails to pay them,then the business better feel the heat,sale everything of it if u have too,20years ago pf was not in power,so u cannot suggest ati pf yabatuma ati swa

    • Twenty years ago ,HH did not own Saturna. So why an leash people at HH., and since ZSIC is mentioned in this story, I think the money was misappropriated at ZSIC. Having worked for ZSIC I know what I am talking about.

  41. @Mqwala, who are you calling *****s in defending HH? The fact that the demand for pensions by these poor people does not affect you is no reason to engage in borrowed and low life vulgar language. Has your affection and love for HH blinded you to a point of loosing your identity with human suffering?

  42. AT DON’T YOU KNOW THAT IT’S A COMPANY AND NOT AN INDIVIDUAL. KIKIKIKIKIIKI ITS PEOPLE OR AN INDIVIDUAL WHO FORM COMPANIES. THATS WHY YOU HEAR OF REMOVAL OF COMPANY VEIL. WAPYA MUNZI

  43. I am not sure if HH indeed is to blame. But my point is Zambian Watchdog Stories and Post stories are fabricated but UPND supporters dont have a problem with them. So why have a problem here?

    • Ni kawalalalalal uyu munthu baba… Mambala stealing from poor zedians
      He owns 51% of the Company its Him forget the foreign 49% owners!

  44. This story can only be believed by *****s like KUDOS. Continue cheating yourselves and continue hurting too. The truth though is that all this is utter rubbish.

  45. In Kampala The head of the police Criminal Investigations and Intelligence Directorate (CIID) has said detectives handling the pension scam case took bribes and caused the collapse of the case where nine suspects were charged with masterminding the plunder of at least Shs165b belonging to pensioners.
    Tickled by accusations that CIID messed up the case by submitting two contradicting investigation reports to the Directorate of Public Prosecutions (DPP) causing confusion which derailed the prosecution of the case, Ms Grace Akullo pointed at two detectives whom she said were bribed by some of the key suspects to jeopardise the investigations.
    Ms Akullo identified the detectives as Mr George Komurubuga and Mr Moses Kato. She said the duo, without her knowledge, wrote a second investigation…

  46. Saturna Regina is dearly loved by all miners. its the survival blood of anyone who has stopped working for mine. So this man called HH has shares in it- Oooh what a wise man at investing he is. I envy his business and economic acumen. he actually has been a savior to many miners in a silent way and this truth has never been mentioned before…This revelation just make me love this man even more. am telling you this information will just cause every miner to vote for this man coz every hard work a miner is putting ends with Saturna regina as it is the only way of saving in a mine as every salary is consumed in the shipwe shipwe style…

  47. A pension fund in Zambia is NEVER owned by an individual or company but is a TRUST owned by Pension funds.

    Verify with PIA on members owning Saturnia.

    • I agree with you, actually, Saturna was formed by Anglo American corporation to handle pension funds for companies that fell under Anglo American Corp and Commonwealth Development Company. I am talking about companies like Zambia Sugar, Zambia Breweries, NCCM , Roan Air Zaman global and a lot of others that were under them. A lot of people on this fora are ignorant of this company. I am sure most of them only learnt of it existence upon reading this article.

    • Anglo American left a long time ago and maybe it was left to Mazoka who left it to HH. Companies are not owned by individuals but companies have directors running the company

    • Agreed, actually the company still exists and it has assets which – they are building a new multi-storey complex in Kitwe. Why dont the pensioners go for the company itself?

  48. The tragedy of Zambia is low substance with show off English. Surely how can one deceive you that an individual owns a TRUST? Then why is it a TRUST or don’t many even understand why it is called Saturnia Regina TRUST?

    HH does not and cannot own Saturnia Regina TRUST.

  49. Pf supporters scare me…reading culture and ignoring facts. This is the company which has built an office complex opposite wimpy in Kitwe. I knew it to be owned by sanlam…so even hh is part, this guy is powerful and have resolved never to give a vote to a begger. By the time he learns how to dress ninshi twachulilako…

  50. When people hate you, they will believe and imagine negative things about you. It’s very unfortunate our people are perishing for lack of knowledge. I this day and age of Google, information is on your finger tips. Take time to research facts and make informed comments.

  51. Kambwili and PF are feeling the UPND heat hence such schemes. For crying out loud you people PF claim you have delivered why then are you so desperate to demonise a competitor. I thought you feel you are very popular and cannot fail to win elections due to your tribal slogan of sonta which the veepee failed to pronounce

  52. Lol HH fix it! You cannot even fix issues with your companies if you are not importing meat preserved by chemicals for preserving corpses or refusing to pay people until they are 55….yet there are called up pensions, term pensions, pensions on maturity etc…those who opt to leave before 55 face a penalty that’s all…so if you cannot look after these people and heartlessly refuse to pay and then claim indemnity from liability because its a company….what more if you ever became president

  53. Zesco, you are letting the President down.No power in Kabangwe from 7 in the morning and it’s going to 19hrs now. As usual, no word from you.

  54. Mr.expendicto chipalo is just a hired PF gun.where have you been all this while even when you claim you have a supreme court ruling in your favour! This is not surprising as you are die hard cadre who has been promised mana. Just own up and earn a life.You have chewed enough from the chestone Catholic church where you parade yourself .

  55. First of all, how many civil servants die every day post retirement just because the money meant for them has been redirected into services debts accumulated by thieving leaders in the name of building roads? Number two, who really owns Saturnia? Why camp at HH’s residence when the actual directors and owners are in Botswana and South Africa? If I were HH, I would meet all the Pensioners and help them understand how a company runs and be able to camp at the right place. This is purely political and you NEVER win any battles this way. What will these pensioners get out of this except being used by a government that is losing power soon? Desperate efforts by desperate people using desperate individuals who are desperate about where to go.

  56. Question is why did it have to take so long for the pensioners to demand what is rightly theirs. The plight of pensioners can not be overstated. Before we remove the plank in this HH’s eye, has ECL answered to the plight of pensioners for crying out loud? If yes, HH you have no excuse. Pay the poor citizens.
    You know that it is wrong to masquerade as the people’s deliverer when you yourself are a devil in the making. Pay the pensioners with interest anso!

  57. By the way, I work for ZSIC and I know 100 percent ZSIC failed to surrender these monies to Saturnia Regina. The latter does not want to embarrass ZSIC because there are so many other cases i.e. Zambian Bottlers/Breweries; Lafarge Cement, Parmalat, Zambia Sugar etc. Before they make noise and embarrass themselves, they should understand these issues. SAD. Even those commenting on this matter are just unleashing poison less venom for lack of knowledge.

  58. yes google is good

    fter months of denials and sidestepping on accusations of his conduct during the 1990s privatisation process, newly released documentation shows that presidential contender Hakainde Hichilema illegally benefited from his position by acquiring shares in Sun International Ltd.months beforethe company was awarded the tender, and failed to declare interest in a number of companies he owns along with key officials involved in the privatisation process.

  59. I am surprised to learn that on this forum they are so many people who understand how an organization function. PF disperation, next time they will say HH owes Lusaka town $20. It will be nice to a sanity party to win FDD or UPND, then cage Lungu, those chief justiceessess and that ZAF cadre Chimesssed.

  60. FOR THE FULL STORY OF HOW,HAKAINDE IS INVOLVED KINDLY VISIT (ZAMBIA REPORTS WEBSITE) at zambiareports.com

  61. ‘Saturnia Regna’ means the ‘Rule of Saturn’! What is that? How can any one name or own a company or institution like that? Be careful Zambians. God Bless and protect Zambia.

  62. pakuti mumfwe yonse ilyashi yaba party president hakainde hichilema mukwai tandalileni zambiareports.com

    • I intend to travel back to my motherland on August 11 and vote HH! Please I appeal to all well meaning Zambians to vote HH. I have absolutely no doubt HH is the right person to put in State House for the next five years. First, he is a measured person who can bring back lost dignity to the office of president. Second, the way he professionally run his businesses is quite inspiring especially at a relatively young age. Isn’t it amazing that there is nothing dirty to point to him personally in terms of the way he ran his businesses? He applied every rule in the book quite unlike most businessmen and women globally. Third, he has very strong family values. We have heard/read nothing untoward about his family since he came to public life. Fourth, his grasp of issues is amazing. Fifth, and…

  63. Clueless, visionless PF should not misuse the poor retired pensioners, just tell the people your vision or manifesto for the next 5 yeas instead of diverting peoples attention from the real issues of bread and butter. Evil machinations will not work

  64. Going by the number of comments on this report my conclusion is that of the enlightened, the misguided or ignorant and, hateful biased distorted non informative reporting! All the protesters need to do is sue HH for their pension and for HH to have anyone raiding the privacy of his residence to set camp arrested for trespass!

  65. Title Hichilema Caught Up in Corruption Matrix

    @ zambiareports

    but why complian,you were the very. people who suggested we google

  66. During privatisation Miners on Copperbelt were told that your pension money has gone to Sartunia Regina pension trust fund. Can please someone shed more light on this trust fund cause thousands of miners money is locked up in his trust fund. I have papers that I have money in this trust fund. If it is true that HH is behind this trust fund then he hold miners money as well.

  67. Pay a lot of attention to what each candidate and their political party are saying, or are not saying on corruption. Look at their manifestos and see what they say or are not saying on corruption. If they are not talking about corruption, be very careful with them.

    In order for us not to make mistakes that we have made in the past, it is important to reflect on our recent history in the fight against corruption.

    We have learnt, and if there are some among us who have not learnt, they should learn to distinguish between personality and character. There are some people with very sweet personalities who will come seeking your votes when their characters are those of hyenas, jackals, vampires, mercenaries, thieves, crooks and so on and so forth.

    We should not mistake a person’s…

  68. I am not UPND or its sympathizer but in my little business and company law I leant one very important concept “Separate Legal Personality”, meaning the company and its owner are separate legal entities. In short the liability of the company does not necessarily extend to the individual owners. So camping at HH’s home is tantamount to criminal trespass.

  69. A few comments/observations;
    a) Those who are clever enough can note the timing of this. Part of a plan to discredit HH with obscure claims nearer election time (but the likes of Nubian Princess won’t be able to assess this. She gets her knickers in an excitable knot at the mention of anything negative about HH)
    b) A good number of Zambians find reading and research a chore – thus are gullible to any information deemed favourable to their ’cause’ that is thrust down their throats.
    c) With these personal, unverified non-evidenced political attacks on HH, fed to lazy cadres and purchased traitors and concubines, Zambia is at the threshold of falling into the abyss of perpetual political and economic backwardness. We have only up to 11th August to redeem ourselves. A tall order, unless…

  70. The richest man in Zambia today is Edgar Chagwa Lungu and how come he has become so filthy rich in just a short period of time?

  71. for more information please google

    Hichilema Caught Up in Corruption Matrix

    then enter on zambiareports

  72. makuti mwishibe ama bombelo yoñse ayaba Hakainde googuleni

    Hichilema Caught Up in Corruption Matrix

  73. that site isn’t only talking about this ka one business its showing us different businesses hakainde is involved in illegaly,others might argue ati its a campaign strategy for pf,if that be true then why didnt hakainde ever come out clean about his wealth,dont you think he could have avoided this interesting drama if he came out clean

    for more information please google

    Hichilema Caught Up in Corruption Matrix

  74. Because it’s election year, you start yapping,go to the offices, not Ku bondi..insala nomba elyo yamikata?

  75. Ignorance is indeed bad. Regina Sartunia is operated by African Life Financial Services Limited (Aflife). The ultimate owners of Aflife are Sanlam of South Africa. So tell me how does a normal person single out one shareholder in the name HH and demand payment from one shareholder? It is absurd! Why not sue Aflife for enforcement of the judgment if indeed you have won the case in the supreme court? No wonder the case has taken this long because empty heads are in front. Learn to be truthful all the time and God will be on your side.

  76. Oh my God this is Cheap. HH is too smart for you jackals !!!. is it a crime to own shares in a company now. To the 92 please don’t be used by useless people. follow the right channel stop this sh###t.

  77. if the company belongs to HH, he should get his company to pay the retirees what they’re entitled too ASAP before they die.

  78. Hmmm HH this HH that .Sata before he became Zambia’s President he was heavily demonized by the ZNBC ,now it’s this site and it’s lazy pf cadres .Say what ever you want to say ,change is coming .The now it’s in the mortuary & to be buried on 11/08/2016 viva HH

  79. yes maguys its our right to sonta,sontability is created through a solid object you can sonta at,for that reason,sontalization has been welcomed by majority of zambians who have seen with thier two eyes the sontables,sontaling was started by his excellence Edgar lungu who sontad different sontables the government had sontalalised from nothing to something,not forgetting HHs bad sontables which has enriched him abnormaly that the only thing left is to argue with zaf why they wont allow him to,use a,chopper so he can fly up up so can too sonta at PFs projects without his followers seeing him sontaling because he too can see the sontables

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