Old age pension system still vulnerable to fraud – AG report

A year after a multi-million-dollar pension book fraud at the Ministry of Human Services and Social Security, the ministry was yet to take control of the software used to print pension books, according to the 2011 Report of the Auditor General.

It also has not taken responsibility for the collection of pension books or the disposal of spoilt pension books.

“The contract entered into by the ministry for the printing of coupons was deficient since clauses such as duration of contract, remedies for breach of contract, ownership and control of printing software, minimum security standards required at the