AR Movement leader Job Amupanda who is also the Windhoek mayor has dismissed GIPF’s response to his claims ‘as full of sound and fury signifying nothing’.
In his initial post, Amupanda claimed that:
- When you retire, you only get 1/3 of your pension money, the 2/3 remains with GIPF
- If you die, your remaining 2/3 does not go to your family or children, it is swallowed by the GIPF
- When you retire, GIPF no longer pays you 80% of your salary as it should. This has now been reduced to only 50% of your salary
- It is difficult to borrow money from your GIPF pension while you are alive, like the case with others, to build your house.
The GIPF CEO David Nuyoma, however, dismissed most of Amupanda’s claims.
In his response to Nuyoma, Amupanda said the GIPF boss was a defender of the elites that have been plundering GIPF resources for years, funding malls, flats and buying shares in banks.
Amupanda said Nuyoma’s statement does not refute the fundamental and elaborate observation that GIPF benefits the well connected than the workers.
“He confirms that they only pay 1/3 of the workers’ pension and hides behind the laws. He selectively responds to some aspects of the post and ignores many others,” Amupanda said.
According to Amupanda, GIPF is an instrument in the hands of the elites operating like how missionaries operated in telling people to wait for imaginary rewards in heaven while suffering on earth.
“The point remains that our people must
access housing now, directly from their pension, not when they turn 60. It remains undisputed that the elites through so-called unlisted investment are benefiting from GIPF while the workers must wait to turn 60 or to die,” he said.
In addition, Amupanda said it is funny that the CEO desperately seek to justify the oppression of the workers by telling half-truth of projecting private initiatives of Martin Mwinga as GIPF ones.
“No matter the amount of defending, GIPF has no direct housing initiatives for the workers. It relies on capitalist third
parties that operate in a similar fashion, or worse, as capitalist banks. It remains an elite instrument,” he charged.
Amupanda challenged Nuyoma to respond to his video that provides proper context.
“I hope he will have the necessary energy and release every statement on each posting.
“Cutting parts and responding in a vacuum without providing the context is typical
characteristic of any capitalist instrument in the hands and at a disposal of the corrupt elite.
“I am sure the owners of Bank Windhoek, in which the CEO used the workers’ money to buy shares through Capricorn, have instructed the CEO to act quickly so that the ideas I am providing to the masses for direct housing funding for government workers through accessing their pension does not materialise.
“This is understandable because Bank Windhoek, in which GIPF hold shares, stands to lose should the workers access their pension before 60 for housing and not go to the Bank.
