It has emerged that the management of the Social Security and National Insurance Trust (SSNIT) ignored a caution against backdating payment for an Operational Business Suit software which has cost the organisation over $ 70 million in two years.
A letter signed by a Senior Corporate Law Officer, Jaezi Orleans-Lindsay cautioned against backdating the payment of $2,000,000 for the software to 2014.
In a correspondence with the General Manager of SSNIT, Mr. Orleans-Lindsay explained that SSNIT will have to pay more for refusing to heed to the advice.
“What it means is that SSNIT will have to pay the annual SLA [Service Level Agreement] fee of US$2,000, 000.00 immediately upon signing the agreement (to cover from September 2014 to September 2015) and pay another US$2,000,000.00 in September this year [2016], when in effect it would have just received about 9 months of service under the SLA instead of the contractual 2 years.”
Background
The Board of Trustees of SSNIT has begun investigations into how the former management acquired a OBS software System for $66 million.
The system was installed to network all branches of SSNIT nationwide to enhance efficiency but the current administration questioned the cost and have contracted Price Water house to audit the transaction.
The Lawyer’s advice is below:
Source: Citifmonline
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Massa; this was easy money that ERnest Thompson and his kriminal gang of SNNITT officers just looooted with the appointed Board including this thiff Dr Alabi ; all these workers should be suspended and Ernest Thompson arrested because the man supervised the most serious armed robbery stilling in the annals of the SSNITT ; the nDc and JOn Mahama are aware of the fraud and therefore should be charged NOW !!!!!; an investigation into prices of the items bought shows gross inflation of the prices whilst Ernest Thompson claims the whole is syatem is now working ; so if the systems are working should the poor pensioner pay an open ended price for such a project ; this man should ARESSTED PRONTO FOHIS POOR MANAGERIAL APPLICATION ; NANA ADDO SHOULD CRACK THE WHIP NOW !!!!!!!
Did I hear former President of the Republic Jhn Dramani Mahama that Public Servants were being removed from office for no obvious reasons.The Board and the Management he appointed at SSNIT have justified why they should be removed from office by the current government. It must be put on record that SSNIT is not a government organization. The government is supposed to ensure that contributions for staff working in government departments are paid at the end of the month. The mess that has been created cannot be linked only to the immediate past management. The place actually 'stinks' Computation of benefit for pensions is one area that must be investigated thoroughly. The cost of managing the Pension Fund in Ghana is unbelievable. The rot is embedded in all aspects of the Pension Fund administration. Human Resources- recruitment,procurement, investments related issues. the 'owners' of the Trust must be allowed to run the place. It must be privatised. Government should wash its hands off the management. The NPRA must be empowered to have a strong supervisory role over the Trust just has the Bank of Ghana has over banks operating in Ghana. THE DECAY IS TOO MUCH.