Fri, 21 Jul 2017 14:54:54 +0000 …as title deeds go missing By NATION REPORTER THE ownership of two landmark high value properties worth K240million is in limbo. Although the properties are supposed to belong to Saturnia Pension Fund, their titles are missing and records at the Ministry of Lands show that that belong to Saturnia Regina Pensions Fund Registered Trustees as the owners. This company is not the same as Saturnia Pensions Fund. Previous attempts by the Pensions and Insurance Authority (PIA) to return the properties to the Fund have failed and now even the title deeds have not only disappeared but that the two buildings have completely been excluded from the properties declared to belong to the Saturnia Pensions Fund. It has been discovered that Saturnia Regna Pension Fund may have been used as collateral for a huge loan obtained by one of the shareholders in the Fund Managers Benefits Consulting Services Limited and […]
