Tue, 22 Aug 2017 13:14:53 +0000 By Nation Reporter EFFORTS by the Saturnia Regna Pension Fund Trustees to hold their half-year fund performance review have been thwarted and frustrated by the Pension and Insurance Authority (PIA). According to sources, the PIA objected to the meeting on grounds that the audit that was ordered by the Minister of Finance, Felix Mutati, would be ready in a few days after which the long-awaited Annual General Meeting (AGM) to elect new Trustees would be held. But sources who feel that the PIA is complicit and compromised wondered to how the current Board of Trustees would be reporting during the AGM if they were not allowed to hold routine meetings to prepare for the same. “Why the secrecy? What is being hidden by failing to accord us terms of reference of the audit and now being barred from routine scrutiny of the records?” the sources asked. The PIA has […]
