Former NSSF boss ordered to refund sh4.4 billion

Kamya said that the pair improperly authorised the payment of sh4.4 billion to a number of employees who left their jobs under early retirement while releasing a report from an inquiry into claims of corruption and mismanagement at the NSSF.

According to her, Byarugaba also allegedly orchestrated the resignation of two board members at a cost to the Fund of more than sh600 million.

Despite the fact that just two of the 25 accounts under investigation by the Inspectorate involved Byarugaba, Kamya said that the two officials should either return the money or face legal action.

Despite all of this, Byarugaba is recognised for achieving remarkable growth during his leadership, Kamya said.

Allegations of corruption and mismanagement of the fund, whose portfolio stands at Sh17.9 trillion, circulated on both social and mainstream media outlets, drawing anxiety among members of the public.

The NSSF crisis came to light when Byarugaba’s contract was not renewed amid allegations of corruption and mismanagement.

The Minister of Gender, Labour, and Social Development, Betty Amongi, came out and directed Byarugaba, who had reached the retirement age of 60 years but had also served his two terms as chairperson of NSSF, to retire since she had reached retirement age.

In a July 22, 2022, letter, Amongi, who is the co-political overseer of the Fund alongside her finance counterpart Matia Kasaija, noted that under the Public Service Standing Order and NSSF Human Resource Policy, Byarugaba, like his deputy Patrick Ayota did, should have automatically retired on clocking 60 years.