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Alba Iulia
Sunday, June 7, 2020

Pensions and Insurance Board reassures industry after the arrest of three of its Senior Members of Staff.

Economy Pensions and Insurance Board reassures industry after the arrest of three of...

The Board of Directors of the Pensions and Insurance Authority (PIA) has noted with concern recent events relating to the Authority, including the arrest of three of its Senior Members of Staff.

PIA Board Chairperson Petronella Mwangala said the Board is fully aware of the matter, which relates to a decision taken by the Authority in the course of discharging its functions, and shall cooperate with all relevant authorities and stakeholders and allow the law to take its course.

Mrs Mwangala said the Authority will comprehensively address the issues in the Press at an opportune time.

“The Board wishes to reassure the general public that the Authority will continue to discharge its Regulatory and Supervisory functions in line with its statutory mandate,” Mrs Mwangala said.

“The Board further wishes to reassure the public that the Authority remains committed to protecting the interests of Pension Scheme Members and insurance Policy Holders,” she said.

“To that end, the Authority will continue to uphold its core values which include integrity, accountability and confidentiality.”

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13 COMMENTS

  1. I can’t blame the trio as they have taken theft as competition with those in PF government . The entire Zambia is rotten when it comes to corruption. They have embraced corruption as easy way of getting rich yet they know its a crime. They are fully aware of courts of law that these are weakest arms of government and embedded in bribery and corruption too. Corruption is a serious virus even corona can’t be compared to it.

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  2. Madilu you were thieves before pf came to power. If anything hh was w skilled privatazation thief before pf was even created. So don’t blame pf for thieving mambala at the top

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    • I wouldn’t waste time to respond to you with your low IQ, if HH stole or privatized mines why are you leaving him to roam the streets!? All three successful governments have failed to find him guilty. I know you think with your stomach not head.

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  3. Why is this good looking woman wearing a dead squirrel on her head?!? The Zambian beauty is all lost in that! There is nothing more beautiful than a natural looking woman.

  4. KZ,WHERE DID ECL YOUR BOSS TAKE THE MONEY HE GOT FROM THE WIDOW? AND PF ARE THE WORST THIEVES ZAMBIA HAS EVER HAD AND SEEN. SOON,WHEN U LEAVE OFFICE U WILL BE ASHAMED CZ THE LAW WILL EXPOSE U AND SOON .WITH,THE CHARM U HAVE HAD USED. BYE,HH IS SMART.

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  5. Madilu if I harassed and shot at people then why are you or rather the police leaving me free? Do you see how biased and silly your political inclinations make you look. You lack integrity and I wonder how some of you are even employed because you are useless and think with your buttocks

  6. Just grow up already and stop arguing with strangers on the internet.
    Your immaturity is showing!!

  7. HH is one of the architects of economic collapse in Zambia. I advise Zambians not to make a mistake to put him in state house. He will be worse than Lungu and Chiluba. The chap is useless. Those who support and defend Hichilema do it on tribal lines, that’s were Hichilema loses it. He will never rule Zambia.

  8. Manganga: If a populist such as Michael Sata could be president of Zambia, why not HH? The PF and their running dogs hv been in overdrive looking for dirt connected to HH, giving his bank records to the press, going to his village to sniff around. He’s the thief they dare not arrest and take to court. Suspicious property and petrol station developments are all over the main towns in a country where there’s no long-term finance for such projects. Why doesn’t this worry u? Right now Zambia is in a mess and HH has had no hand in that but u want to compare HH to Lungu and Chiluba whn he (HH) hasn’t even been president. It’s not a fair comparison.

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