A new video clip released Friday by Prophet Elvis Mbonye shows that the recent fall-out in leadership at National Social Security Fund (NSSF) was foretold.
In this video, Prophet Mbonye speaks of a “shaking” in NSSF, which the narrator later connects to the Deputy Managing Director, Geraldine Ssali Busulwa with a display of multiple media reports on the crisis within the Fund.
Mrs Geraldine was recently told to take immediate leave from NSSF as the board investigated claims of insubordination and failure to follow company rules. She later sued the Fund.
Court later cancelled the board decision and reinstated her in office pending investigations into her alleged insubordination.
However, two days after the court order, the security guards at Workers House, blocked her from entering her office forcing her to go to court and sue the Byarugaba and Kaberenge over contempt of a court sources revealed.
“The relationship between her and her the Managing Director has been disconcerting and not good to the Funds reputation. Various attempts to intermediate between the two offices have come to nothing,” the board said in a letter dated September 26th, 2017.
In her statement to media reporters on 15th October, 2017, Mrs Geraldine opened up about the decision by the Board of Directors not to renew her contract which expires at the close of this month.
“The board doesn’t make such decisions. It is not the first time the board has made such a pronouncement; but ultimately this is the minister’s decision to make and that is what we should all wait for,” Ssali told sources.
According to her statement to ChimpReports, the NSSF board which was ushered in following the death of Board Chairman Ivan Kyayonka in 2015 is not poised to rank her performance the way it did.
“We hit the Shs. 5 trillion mark (in NSSF assets); we exceeded 13 percent (in customers’ interest); I put Shs. 272 billion aside in surplus, and that was the highest ever; I made the highest profit of Shs. 850billion for the Fund,” she said.
Watch Elvis Mbonye’s video below:
