AUDITOR-GENERAL Annie Chifungula yesterday said the Zambia National Building Society (ZNBS) board approved the sale of houses at a reduced rate of 70 per cent based on an old property valuation report.
Ms Chifungula told the Mwila Lumbwe Commission of Inquiry on ZNBS that it was wrong for the board to have approved the sale of houses at a reduced rate without updating the value of the properties in question.
She said the valuation was based on the report done in February 2009 instead of undertaking a fresh one before offering the houses for sale.
“The sale was conducted on a valuation which was done in February 2009. This is wrong because you cannot offer something basing the price on a valuation conducted two and a half year ago,” Ms Chifungula said.
And during a sitting in Kabwe on Monday, ZNBS branch manager Mercy Musakanya complained of poor conditions workers have been subjected to over the years.
Ms Musakanya said the low salaries have left the workers demotivated hence the need to find a lasting solution.
She cited lack of equipment such as computers, furniture and air condition facilities as some of the problems which have remained unresolved for many years.
“I think the challenges that the institution is facing on a day to day basis are poor working conditions of service and we are hopeful that this commission will assist resolve some outstanding issues,”he said.
Another worker, Daniel Kabalika a clerk also echoed the fact that the institution is lagging behind in technology.
In response, Mr Lumbwe sympathised with the workers and assured them that their problems will soon be addressed.
Mr Lumbwe advised the workers not to relent as they wait for their problems to be resolved.
[Times of Zambia]
imwe mwibapoka amayanda abantu. lekani baleikala munsansa
Why now? What happened in the past. Undervaluig should not inconvenience the buyer. This auditor general has something to chew with someone who could have benefitted. Africans always jealousy of others. When are we going to civilise kanshi. And who audits her office if we may ask? I end here!
It was unfortunate to watch the entire AG fabricate lies on ZNBC. I am privy to the issues and she never stopped any sale except to recommend that such a move required the approval by the Minister of Finance. The Minister requested the sale of houses be put on hold. It was not like Muneku wanted to secretly sell the houses but she sought appropriate approval which was put on hold by the then Minister of Finance. I wonder whether the Commission Chairman Mwila Lumbwe will allow Mrs. Muneku to respond to these false accusations. It is, unfortunately, clear, from the tone of the response from Lumbwe, that the chapter is closed and judgment made.
Annie Chifungula has over stayed as AG. Her broom is not sweeping clean enough. Please change her and bring in a new person. All her Audit reports need a Hot review by a private Audit firm.
there is need for a competence audit at the auditor generals office
This woman!! What was she doing along.Sounds to cadreish for me.
I am hundred percent sure Annie Chifungula is not a good auditor. She makes unsubstatiated ‘findings’. You will discover that after fair scrutiny of her reports, she will not have had the voice from the management. This is the reason NO one has ever ever been prosecuted and convicted based on her findings. She is a little petty and seeks to destroy fellow women (Mable Mung’omba formerly at CEEC, Irene Muyenga ZSIC, and now Muneku).With due respecxt, she is NOT a professional auditor.
She is trying to play good cards with the PF government. I used to have great respect for her when Levy first appointed her. The job seems to big for her feet.
Shes the best auditor general. RB fired her because she principled
Leave her alone to do the job. We know that you guys shared our houses. Why are you so afraid of her if you are innocent…malabishi imwe ala.
Greedy management, your time is up. whatever goes up must come down. You have to answer all queries raised!!! You though you owned ZNBS…heheheheh… mwachepa sana. wapya munzi
Is this the same Annie Kafungula who wanted to audit a private company – Zamtel? Looks like she has out-llived her sale by dtae in that office.
the AG must go auditor general for 15yrs even the profession does not allow