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*How NSSA Lost $175 Million Of Pensioner Money: Audit Report* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?dz The forensic audit report released earlier this week has a breakdown of the money that NSSA potentially between January 2015 and February 2018 (the period covered by the Audit investigation). According to the report, actualy significant amounts were lost to Metbank. Potential losses were also made to MetBank and housing agreements with an entity called HCZ. ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- The breakdown below: DescriptionValue ($US) Potential Financial loss Treasury bills and loan exposure to MetBank$62,003,756 Off-take housing agreements - HCZ $104,000,000 Off-take housing agreements - Metro Realty (Metbank Guarantee)$1,710,000 Total Potential Financial loss$167,713,756 Actual Financial Prejudice Overpayment on Metbank Debt Swap$4,172,000 Metbank properties bought at overstated prices$2,005,000 Unapproved Costs - Executive Management$306,195 Unapproved Costs - Noon-Executive Directors$86,322 Payment on Africom debt factoring$303,140 Payment of unauthorised contract extension$15,000 Payments to unfairly dismissed employees$598,718 Total Actual Financial Prejudice$7,536,375 Grand Total$175,250,131 _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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