The National Social Security Authority is in the eye of a storm after it lost over $11.2 million worth of property which was repossessed by local authorities over non-development, prejudicing pensioners' money in the process. 

It also emerged that the authority lent $2.7 million in unsecured housing loans to employees while some board members were sitting on about 17 other firms, among other irregularities. 

In her report covering 2012, but made available recently, the Comptroller and Auditor General, Mildred Chiri, noted that some executive directors were being paid bonuses bi-annually for representing the authority in organisations where the authority had 10% stake, in addition to the normal representation allowances they get monthly. 

It was also noted that the authority terminated an incomplete computerisation project on which it had spent $2.2 million citing non-performance by the contractor, thereby sinking pensioners' money.

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