Friday, March 29, 2024

NAPSA refutes reports of a Government raid on its funds

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The National Pension Scheme Authority has denied a report published in the Africa Confidential that government used its funds to pay related February salaries for civil servants.

In a statement, NAPSA says the reports are totally incorrect and baseless.

It says NAPSA has never been raided by the Government of the Republic of Zambia for finding if salaries as alleged by what it called I’ll conceived article.

It said the Authority has a well structured legally established channels and procedures for managing the affairs of the Authority on behalf of its members.

29 COMMENTS

  1. There must be some truth in the AC Report. Why is NAPSA responding officially to a newspaper article that just refers to the issue. NAPSA have not been asked for a comment or clarification so why do they feel obliged to? I smell ka koswe!

    • That statement has State House language.
      NAPSA should proudly yell that they will pay salaries to its members in advance on behalf of government. Instead it is AVIC showing off.

    • This PF government is busy arguing with the named publication instead of trying to find money to pay salaries for March, April, May and beyond.

      If they do not want negative publicity, let them pay salaries on time. It does not matter where they get that money.

      Those that pay into pensions know there is a risk that they can end up losing it all. That is just the nature of the beast. That is why a lot of people have still not been paid their pensions.

      Read the small print.


    • I repeat what I posted yesterday.


      Africa Confidential have become a narcissistic news media.

      AC is funded by bad guys who have been banned doing business in the European Union.?

      In Nigeria they have been found wanting so many times when they have written lies to destroy political opponents by taking hand outs.?

      Dangote { richest black african} was a victim of Africa Confidential. He compelled AC to delete an article which had no foundation or face the music.

      They took off the article online. This was related to the time he bought 400 hundred Scania Tracks that he brought into Zambia, he uses for haulage with his cement company in Ndola.?

      They are similar cases in Liberia, Ghana, Kenya.

      There media houses who write to destroy…

    • Cont..

      There media houses who write to destroy and those who write too seek the truth.

    • UNLESS STATED. THE LETTER DOES NOT HAVE TO HAVE A SIGNATURE OF THE DIRECTOR GENERAL. ( IN ABSENCE COMMUNIQUE )

      THE LETTER SAYS:

      The Office of The Director General.

      And this case there is a STAMP.

      That’s very normal Official and Business Communique.

      For example. Theresa May and Angela Merkel GRM have in the past published letters to the media which just stipulate that:

      Sent from the office of the prime minister or chancellor – without signatures but just with official stamps and letter heads. you

    • Issued by the office of Director General…really laughable…why not sign off with your name DG then?

    • And an editor who went to school looked through such trash?
      It says NAPSA has never been raided by the Government of the Republic of Zambia for finding if salaries as alleged by what it called I’ll conceived article.

  2. Lies , let’s see if GRZ can keep up the charade …..especially now lungu has unintentionally shackled the other cash cow ZESCO with a temporary price raise freez……we expect fuel prices to raise to compensate

    • WHAT WILL BE THE NEXT LIE, SINCE WE ARE CHILDREN AND DULL ONE’S FOR THAT MATTER. LET’S WAIT UNTIL THEY STOP FULFILLING THERE OBLIGATIONS.

  3. False news is leaked by UPND zealots who are strategically positioned in civil service and parastatals .They collect unclassified data to their secretariat in South Africa offices.Its in SA where were much of their ant government media publications are done and sold to these foreign and ant Africa development media.
    HH and his foreign business conglomerates wants by all means to come back and reap off what they had left during privatization era of Zambia , they are busy selling out fake and unclassified info.They even spending huge sums of dollars on fake info.what a shame.
    In January , same foreign propaganda publication produced a fake news that Zambia sold zesco to China. They said that social cash transfer was squandered by government officials ,amongst their fake publication they…

    • @ Mr. P Politics aside, I’m not siding with any political party here but I’m commenting as a concern Citizen. I may be living outside the country but there is no place like home, I would not sit back like you and support nonsense going on with this government. People have not been getting paid for almost half of the year and now only got paid for one month now here comes the news that the government got money from NAPSA to pay for one month, and you still on their side running away from what’s going on in the country. I’m sure you have so many friends and relatives who are not getting paid. What planet are you living in that can not see what is happening in Zambia? Unless you are a Cadre enjoying kickbacks with them but I can tell you that your time will come when you will be out. I…

  4. Social cash transfer, they refused and called it fake news. Along with a million other things which proved true (toll Plazas, failure to pay VAT refunds, jets, ambulances, expired medicine, NRDC and the list goes on and on.

  5. This is so laughable, letter from the Director General with no signature and the Director General’s name. Zambians let’s wake up we can not be supporting foolishness this country has gone to the Dogs. What happened in Sudan few weeks ago shall happen in Zambia soon. Kaunda thought Wamuyayaya and he had Vigilantes beating people and now here is PF with it’s Cadres and all this nonsense and people not getting paid yet someone is saying Ifntu ni Lungu, ala nafilungula.

    • My friend a letter like this in court wouldn’t stand …really laughable…I mean why not the DG himself if there is one come out and publicly refute this not hiding behind office all we know there is not DG like AG’s office!!

  6. No wonder the PF government decided to borrow billions of from China and only use millions of dollars for the infrastructural development because IMF normally give conditions before releasing the funds. One the conditions is the sell of the parastatal .See the details
    1.Zesco ;92% of the employees are cadres including their CEO ;50% of the workers are not professional or academically qualified their jobs. Financially the firm contributed heavily during the 2016 general election in favour PF(the firm is financially limping)
    2.Zamtel ;Financially the firm contributed heavily during the 2016 general election in favour PF with Mwanakatwe as CEO even the current one the difference is the same(the firm is financially limping).No wonder they are in processing not renewing contracts(selective…

  7. 2.No wonder they are in processing not renewing contracts(selective and biased) to reduce on wage bill.
    3.NAPSA the only firm with liquid cash,easily visited by state house for financial somersault.
    4.Nitrogen Chemicals of Zambia (almost crippled by government administrative decision)
    5.National Housing Authority(almost defunct as the whole(almost) employees have been either fired or suspended for protest over delayed salaries on Prime TV.

  8. @Zambiano It’s always that fact you guys in diaspora support UPND due to some links obvious known.
    Even on this blog can’t you notice that people making noise are you from diaspora , especially UPND camp.We just laugh at you because some of you comment out of bitterness and tribal hatred for PF/ECL.
    No wonder you support every nonsense as long as it favors Ayatollah and physical spirits.

  9. That’s how it starts just like this. “No mama, he is just my friend!” Next: “Mama I am pregnant!” So I hope NAPSA knows what they are doing…

  10. #1 Jossie Mwala, you must be a trib.al to reason like that. NAOSA has a duty to.ots members and stakeholders to clarify such matters. In fact its members should not have to ask NAPSA for clarification, so NAPSA have behaved well as expected of a responsible authority to issue that statement. That is why sensible Zambians wonder what sort of government trib.als would run, because their reasoning is appalling, appallingly TRIB.AL.
    For me with these comments from trib.als I am.inclined to believe NAPSA than these good for nothing trib.als. Trib.al ZWA!!!

  11. The PF loyalists are very bitter ,Sota epowabobele is failing. Its like you are bleeding heavily through nose in first round of the 12 round non-contest fight with Mike Tyson but forcing the coach to go for second.
    The Zambian economy is in ICU with drip of water,alcohol and blood while the political atmosphere is hostile; Cyclone PF
    Simple commerce road (as a means of transport is aids to trade) ,but we are about roads without trade. We are supposed to export; meal-mealie maize sugar tobacco, cotton, honey , goats, cattle, eggs,cow-peas,poultry,footballers,boxers,teachers,lecturers,nurses,doctors and miners.
    We instead import all shoprite from SA,wheel-burrow pushers and policemen from China,tooth picks sanitary towels. That Bad News

  12. Napsa is a quasi government organization whose directors are employed by government. There is no way they can talk against the government whether true or false. If government had said yes we took just to borrow then even Napsa would have agreed. Like this government has denied so they will also deny.

  13. It is the reason Satanists will go to hell. No amount of light can show them the truth.

    So one doesn’t get paid in civil service or police or army and they still go to work and line up in queues at month-end shopping. Which money? Their indecency will scream corruption even to the hapless cleaner. This story of public service workers not getting paid and gaining traction in certain quarters shows that some people are indeed Satanists. Truth is that ever since cash budget came in and printing of money stopped with MMD and liberalisation, salaries are always delayed coz most collections close at month end and disbursements start in first week. All public workers know that and take it with patriotic tride.

  14. wasting time answering on items which are factual. u allocated money in 2019 budget for paying retirees. but u have not done so. mwanakatwe promissed in parliament that she will release money to pay retirees but there is nothing up to now, and dolla is going up daily. mwanakatwe speak.

    • The authority seem to be singing “Fipuba fyandi ndekeni nemwine! Filansunga bwino (These are my fo.ols; leave me alone; they take care of me well)!” – All copyright protocol observed; excerpted from Mampi’s lyrics kaili…

  15. @zambiano 3.1 ZIP YOUR MOUTH AND CONTINUE CLEANING WHITE PIPOS ASSESS IN EUROPE U KNOW NOTHING ABOUT RUNNING A GOVERNMENT, PLEASE SEND THOSE BENEFITS OF YOUR MASHINDU WORK TO PAY SALARIES FOR UR RELATIVES U TONGA COWARD U THINK NSHAKWISHIBA MAMBALA IWE MULALA KWACHENAMA MULYEMULYE ATASE

    • YOU ARE A BIIIG FOOOOOL. WE KNOW VERY WELL THAT LIVINGSTONE MARKET WHICH IS BEING BUILT HAS BEEN FUNDED BY MONEY FROM NAPSA. WE KNOW KNOW THAT THIS PF GOVERNMENT HAS FAILED TO GIVE GRANTS TO THE HOSPITALS AND THE PF DIRECTORS ARE QUIET. PATIENTS ARE DYING LIKE CHICKENS

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