# The Freedom Front Plus has condemned the mismanagement of funds by the Government Pensions Administration Agency. The agency manages approximately three-trillion-rand in retirement assets for civil servants and employees of parastatals. Several procurement contracts entered into by the agency have been flagged for potential irregularities, with reported costs exceeding 1.2-billion-rand. FF Plus’ Anton Alberts says the agency’s suspected mismanagement of funds comes against the backdrop of losses amounting to billions suffered by the Government Employees Pension Fund:
FF Plus calling for a probe into the mismanagement of funds by the Government Pensions Agency [SOUND]
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