![SSC overpays in N$33m land](https://investigations.namibian.com.na/wp-content/uploads/2017/03/SSC-overpays-in-N33m-land.png)
By Shinovene Immanuel and Ndanki Kahiurika | 24 March 2017
THE Social Security Commission (SSC) bought two plots in Windhoek for N$33 million, overpaying by as much as N$18 million, according to estimates made by at least one highly-rated expert.
This deal also appeared to enrich a businessman who works in government by around N$18 million as he was part of the N$33 million deal.
SSC, a national workers’ welfare state agency, plans to build its new headquarters on the 3 000 square metre land along Hosea Kutako Drive in Windhoek North, opposite the Electoral Commission of Namibia, and across the N$1 billion home affairs ministry head office currently under construction.
Documents from the Deeds Office show that the SSC bought the two plots – erf 1372 measuring 949 square metres for N$13 million (around N$13 400 per square metre), and erf 8451, which is 2168 square metres, for N$23,6 million (around N$11 000 per square metre).
Asked whether the prices were reasonable, prominent property valuer Jurie Scholtz, who owns Property Valuations Namibia, bluntly stated that N$33 million was too high.
“I cannot see how the property went for N$33 million. The actual value is in the region of N$15 million,” Scholtz said, without hesitation.
These transactions were rubber-stamped by SSC chief executive officer Milka Mungunda under the watch of the board, which is headed by Johannes !Gawaxab.
Mungunda defended the transaction as kosher, but refused to provide any explaination why the SSC would pay over the odds.
According to calculations by Scholtz, the two plots should be worth a maximum N$15 million. He said the plots are “no doubt” situated at an excellent location, but the high real estate market prices have slowed down, and he could not see how the figure could have reached N$33 million.
THE MIDDLEMAN
These transactions evolve around a middleman named Ambrosius Tierspoor, who is a spokesperson at the National Road Safety Council and director on the Motor-Vehicle Accident Fund board.
Deeds documents show that the commission bought erf 1372 for N$13 million from Tierspoor and his wife Mercia. That plot was bought in December 2016, and transferred to the commission on 22 February 2017.
Tierspoor refused to comment when asked to do so yesterday. “SSC is my client. You are not my client, and I will not speak to you,” he said.
The SSC then bought erf 8451 for N$23 million from a company called Hosea Kutako Property Investments Number Three Seven Six Eight CC.
This plot was bought on 12 August 2016, and transferred to the parastatal on 10 December 2016.
Information from the registrar of companies at the industrialisation ministry shows that Hosea Kutako Property Investments Number Three Seven Six Eight is owned by car dealer Llewellyn Anthony.
Anthony, the owner of Sirkel Motors, said he sold his company Hosea Kutako Property Investments, including the land, last year as a CC to Tierspoor for N$16 million.
Anthony told The Namibian yesterday that he heard that Tierspoor had sold the plot to the SSC.
“I got N$16 million from a Mr Tierspoor. But then he must have sold it to the SSC for N$23 million. Something is wrong here. That is a big difference in numbers,” he said.
Tierspoor’s involvement in the N$23 million transaction means he made close to N$7 million in profits in that transaction alone.
COMPARISON
The Namibian reported in 2015 that President Sam Nujoma’s foundation sold two hectares (20 000 square metres) to the home affairs ministry for N$13 million to build their head office.
Nujoma’s foundation got that land for free from the municipality, which had taken it away from the Namibia Sports Commission which wanted to build a multipurpose complex for sports and other youth activities.
SSC sources questioned why the parastatal is splashing money on property since the commission may have to wait for over 20 months to rezone the property which is currently zoned residential.
The SSC is also criticised by insiders for spending N$33 million on two plots, while it could use less money to acquire land for its headquarters.
Some SSC officials see this deal as opening up opportunities for a few colleagues to benefit. Others say the N$33 million price tag for the land alone is flimsy justification for the construction of an expensive office.
Officials at the SSC complained that the commission has over the years splashed public money on property worth close to N$200 million across the country, some of which is now underused or empty in large parts.
This includes the plot at Otjiwarongo, where the SSC plans to build its regional headquarters for N$48 million.
Besides, a contract to construct the regional headquarters at Otjiwarongo was called off last year, amid allegations that it was simply because the Chinese-owned company which lost the SSC tender is a regular business partner of the daughter of SSC board chairperson !Gawaxab.
Efforts to get comment from !Gawaxab were not successful.
Plans to build the SSC head office in central Windhoek were cancelled last year after the commission decided to sell the plot – about 4 750 square metres – situated in the central business district (CBD) along Independence Avenue between Fidel Castro Street and Sam Nujoma Drive.
The SSC cancelled the land acquisition, saying they had decided to sell the land in order to buy land closer to the “people”.
The SSC had bought the CBD property from the United Africa Group in 2013 for N$47 million – itself considered costly – for the new head office that would have cost N$700 million.
The SSC draws its income from employers and employees in a form of tax meant to provide a safety net for workers in certain circumstances, such as those on maternity or sick leave.
buy cialis 10mg Still no improvement
tadalafil cialis from india Mann GB, Fahey VD, Feleppa F, et al Reliance on hormone receptor assay of surgical specimens may compromise outcomes in patients with breast cancer
pin up 306 https://azerbaijancuisine.com/# pin up az
pin-up cazino
pin up casino az: pin up casino azerbaycan – pin up casino azerbaycan
п»їbest mexican online pharmacies: Mexico pharmacy that ship to usa – buying prescription drugs in mexico online
http://northern-doctors.org/# mexican border pharmacies shipping to usa
https://northern-doctors.org/# buying from online mexican pharmacy
buying prescription drugs in mexico online [url=https://northern-doctors.org/#]mexican pharmacy northern doctors[/url] mexican border pharmacies shipping to usa
mexican drugstore online: northern doctors – mexico pharmacy
https://northern-doctors.org/# mexico drug stores pharmacies
buying from online mexican pharmacy: mexico pharmacies prescription drugs – purple pharmacy mexico price list
https://northern-doctors.org/# mexico pharmacies prescription drugs
mexican mail order pharmacies: Mexico pharmacy that ship to usa – reputable mexican pharmacies online
buying prescription drugs in mexico [url=https://northern-doctors.org/#]medication from mexico pharmacy[/url] mexico drug stores pharmacies
http://northern-doctors.org/# mexico drug stores pharmacies
mexico pharmacy: Mexico pharmacy that ship to usa – medication from mexico pharmacy
mexican pharmacy: mexican pharmacy northern doctors – medication from mexico pharmacy
buying prescription drugs in mexico: mexican northern doctors – mexican pharmaceuticals online
mexico drug stores pharmacies: mexican pharmacy online – mexican drugstore online
http://northern-doctors.org/# pharmacies in mexico that ship to usa
best online pharmacies in mexico: buying prescription drugs in mexico – mexico drug stores pharmacies
buying prescription drugs in mexico online [url=https://northern-doctors.org/#]mexican northern doctors[/url] purple pharmacy mexico price list
https://northern-doctors.org/# mexico pharmacies prescription drugs
mexican border pharmacies shipping to usa: northern doctors pharmacy – mexican mail order pharmacies
mexican pharmaceuticals online: mexican pharmacy – best online pharmacies in mexico
http://northern-doctors.org/# reputable mexican pharmacies online
reputable mexican pharmacies online [url=https://northern-doctors.org/#]mexican pharmacy northern doctors[/url] п»їbest mexican online pharmacies
mexican pharmaceuticals online: northern doctors pharmacy – buying from online mexican pharmacy
https://northern-doctors.org/# buying prescription drugs in mexico
best online pharmacies in mexico: mexican pharmacy – purple pharmacy mexico price list
mexico drug stores pharmacies: Mexico pharmacy that ship to usa – mexican mail order pharmacies
pharmacies in mexico that ship to usa: northern doctors pharmacy – mexican drugstore online
http://northern-doctors.org/# medication from mexico pharmacy
mexican drugstore online: northern doctors – mexican pharmacy
mexican drugstore online: northern doctors – best online pharmacies in mexico
https://northern-doctors.org/# mexican online pharmacies prescription drugs
mexican rx online: northern doctors pharmacy – mexican rx online
https://northern-doctors.org/# mexico drug stores pharmacies
п»їbest mexican online pharmacies: mexican pharmacy – buying prescription drugs in mexico
mexican pharmacy: mexican pharmacy – buying from online mexican pharmacy
http://northern-doctors.org/# mexican pharmacy
pharmacies in mexico that ship to usa: buying prescription drugs in mexico online – reputable mexican pharmacies online
medicine in mexico pharmacies: mexican northern doctors – mexican pharmacy
mexican drugstore online [url=http://northern-doctors.org/#]buying prescription drugs in mexico[/url] mexican border pharmacies shipping to usa
mexican border pharmacies shipping to usa: mexican northern doctors – mexican pharmaceuticals online
http://northern-doctors.org/# buying prescription drugs in mexico
buying prescription drugs in mexico: mexican northern doctors – reputable mexican pharmacies online
https://northern-doctors.org/# mexico pharmacy
medicine in mexico pharmacies: Mexico pharmacy that ship to usa – mexican online pharmacies prescription drugs
https://northern-doctors.org/# mexico pharmacies prescription drugs
buying prescription drugs in mexico online [url=http://northern-doctors.org/#]mexican pharmacy online[/url] buying prescription drugs in mexico
best online pharmacies in mexico: mexican northern doctors – purple pharmacy mexico price list
http://northern-doctors.org/# mexico pharmacy
mexican pharmacy: Mexico pharmacy that ship to usa – mexican rx online
buying from online mexican pharmacy [url=https://cmqpharma.com/#]mexico pharmacy[/url] buying from online mexican pharmacy
mexican rx online [url=https://cmqpharma.online/#]cmq mexican pharmacy online[/url] pharmacies in mexico that ship to usa
mexico pharmacy [url=https://cmqpharma.com/#]mexican online pharmacy[/url] medication from mexico pharmacy
mexican mail order pharmacies: cmq pharma mexican pharmacy – buying prescription drugs in mexico
mexican pharmaceuticals online [url=http://cmqpharma.com/#]cmq pharma mexican pharmacy[/url] mexican drugstore online
mexican online pharmacies prescription drugs [url=https://cmqpharma.online/#]mexican pharmacy[/url] mexican mail order pharmacies
mexico drug stores pharmacies
https://cmqpharma.online/# mexican drugstore online
mexican online pharmacies prescription drugs
reputable mexican pharmacies online [url=http://cmqpharma.com/#]cmqpharma.com[/url] mexican rx online
mexico pharmacies prescription drugs [url=http://cmqpharma.com/#]mexican online pharmacy[/url] mexican drugstore online
mexico pharmacy [url=https://cmqpharma.com/#]online mexican pharmacy[/url] mexico pharmacies prescription drugs
https://cmqpharma.online/# medication from mexico pharmacy
mexico drug stores pharmacies
mexico pharmacies prescription drugs [url=https://cmqpharma.online/#]cmq pharma mexican pharmacy[/url] mexico pharmacy
india pharmacy: best online pharmacy india – Online medicine order
mexico pharmacy: medicine in mexico pharmacies – mexico pharmacy
safe online pharmacies in canada [url=https://canadapharmast.com/#]canadapharmacyonline[/url] ordering drugs from canada
Online medicine home delivery: india online pharmacy – indianpharmacy com
my canadian pharmacy rx: best canadian online pharmacy – reputable canadian online pharmacy
mail order pharmacy india: reputable indian online pharmacy – indian pharmacy paypal
mexico pharmacy: buying prescription drugs in mexico – п»їbest mexican online pharmacies
Major thanks for the blogReally looking forward to read more Keep writing
http://foruspharma.com/# mexican online pharmacies prescription drugs
best mail order pharmacy canada: best canadian online pharmacy – northwest pharmacy canada
mexican pharmaceuticals online: mexico drug stores pharmacies – buying prescription drugs in mexico
canada pharmacy online legit: canadian pharmacy india – best canadian online pharmacy reviews
canadian pharmacy in canada: reliable canadian pharmacy reviews – northwest canadian pharmacy
http://canadapharmast.com/# www canadianonlinepharmacy
best canadian online pharmacy: canada pharmacy online – my canadian pharmacy review
india pharmacy mail order: Online medicine home delivery – reputable indian online pharmacy
http://clomiddelivery.pro/# how to get generic clomid pills
https://ciprodelivery.pro/# ciprofloxacin order online
doxycycline uk: doxycycline 100mg tabs – average cost of doxycycline
http://ciprodelivery.pro/# buy generic ciprofloxacin
where to get cheap clomid prices [url=http://clomiddelivery.pro/#]can i get generic clomid without rx[/url] where buy generic clomid tablets
paxlovid buy: paxlovid india – paxlovid covid
http://clomiddelivery.pro/# where buy generic clomid without rx
http://ciprodelivery.pro/# ciprofloxacin generic price
cipro 500mg best prices [url=http://ciprodelivery.pro/#]ciprofloxacin[/url] cipro pharmacy
https://clomiddelivery.pro/# where can i buy cheap clomid without rx
Paxlovid buy online: paxlovid price – paxlovid pill
http://clomiddelivery.pro/# how to buy clomid
amoxicillin 50 mg tablets [url=https://amoxildelivery.pro/#]amoxicillin 500 mg where to buy[/url] amoxicillin without rx
http://ciprodelivery.pro/# cipro 500mg best prices
https://amoxildelivery.pro/# where to buy amoxicillin over the counter
how to get generic clomid [url=https://clomiddelivery.pro/#]cost clomid no prescription[/url] can you buy generic clomid
https://clomiddelivery.pro/# where can i get generic clomid without prescription
doxycycline 100mg tablets cost: doxycycline caps 100mg – where can i get doxycycline over the counter
https://doxycyclinedelivery.pro/# doxycycline buy canada 100mg
http://clomiddelivery.pro/# can i order clomid
paxlovid buy [url=http://paxloviddelivery.pro/#]п»їpaxlovid[/url] paxlovid cost without insurance
cipro online no prescription in the usa: ciprofloxacin over the counter – where can i buy cipro online
http://ciprodelivery.pro/# buy cipro online without prescription
http://amoxildelivery.pro/# amoxicillin order online
where to buy cheap clomid pill [url=http://clomiddelivery.pro/#]where to get generic clomid price[/url] where to get cheap clomid price
buy paxlovid online: buy paxlovid online – paxlovid generic
where to get generic clomid price: can you get cheap clomid prices – cost of clomid for sale