Wed, 12 Jul 2017 12:46:06 +0000 By NATION REPORTER Instructions by the Minister of Finance Felix Mutati for Zambia’s largest private pension fund Saturnia Regna Pension Fund not to hold its annual general meeting until an audit is undertaken in glaring financial irregularities may be snubbed. The annual general meeting is now scheduled for this Friday, 14 July 2017 in spite of the fund failing to obtain audited accounts. The meetings sole aim it appears is an attempt to remove the current trustees who have questioned a number of irregularities which they want rectified before the AGM. The meeting may be held even after the regular fund auditors Price Waterhouse Coopers (PWC) have reportedly refused to sign the routine accounts for 2017 until the audit ordered by the Minister is undertaken The meeting is being bulldozed by the fund management company, Bencon consulting Benefits, in which UPND opposition leader Hichilema Hakainde and his business partner […]
