Psmas goes after Dube

HARARE - Premier Service Medical Aid Society (Psmas) says it will be going after some assets including a house held by its former chief executive Cuthbert Dube.

Newly appointed chairman Luxon Zembe said the company had already repossessed an executive Mercedes Benz from its former chairperson, Meisie Namasasu.

“With regards to the former chief executive, there was a house bought for him as an official residence and this we are in the process of recalling it as an asset of the society, including some vehicles,” Zembe said.

“He will however only be able to retain what is due to him as normal retrenchment benefits befitting his former position in the organisation,” he said.

Zembe said the society had already engaged the services of PricewaterhouseCoopers to aid the restructuring of the business which has been reeling under unpaid dues to service providers such as hospitals and doctors.

“There is going to be major shakeup both at management and board level as we seek to reposition the business.

There has to be renewal in leadership in any organisation and this will see new people, but there has to be mix for continuity purposes,” the chairman said.

“There will be no sacred cows in the restructuring. We are going to be fair that’s why we have engaged the services of a reputable firm and by the end of it, we will be talking of a different tune,” he said.

Zembe said the medical services provider was in the process of engaging the services of an auditing firm to carry out a forensic audit of the business.

“We are in the process of sourcing for the service of a firm to carry out the service and this will allow us to find out exactly what was happening and the position of the company,” he said.

“An audit is going to be carried out to determine what has been going on and if anybody is found guilty they will be held to account,” the Psmas chair said.

With regards to the ownership of Psmas, Zembe said the company was neither a parastatal nor a State entity, and only answerable to its members.

“It is a social entity established by its members, owned by its members ,in their interest and for their benefit, and this is according to our legal statutes,” he said.

“Legally, it’s the members who own and have the authority to make changes. The ministry of Health is only a regulator of our business and the Public Service ministry only provides the bulk of our members, who are the civil service and make up 80 percent,” Zembe noted.

“The powers they do not have constitutionally, is to fire the whole board.”

Developments at Psmas come amid an outcry over salaries paid out to top executives at the society who were reported to earn between $120 000 and $230 000 per month.

Altogether, the top management at Psmas were earning at least $1 million monthly.

Comments (10)

after going after those things, who will benefit. other looters i know. i am sure not the poor. the whole house needs cleaning ladies and gentlemen

zim - 5 February 2014

This man needs to be in jail and not this mickey mouse idea of taking assets from him. We want to see action otherwise we will take matters into our own hands. This how you end up with a Gaddafi style solution when people get big headed and think we are fools.

Mamvemve - 5 February 2014

For the purpose of sorting out this mess , who ever picked the board members technically represents the membership of PSMAS and should therefore insist on replacing the board with new blood . If there is an enterprising reader out there who has access to the PSMAS articles of association/ constitution can they make it available on line so that some of us can explore legal options for bringing in a class action against Mr Zembe and his board. Parirenyatwa and Public services Commission are not willing to act, so it is up to the rank and file membership to claim their voice and have a say on how our monies are used.

wadyenhiri - 5 February 2014

If you take those asserts ,he will replace them in a day's time.Parliament should gazzette salaries and benefits for executives and managers in parastatals including PSMAS.Where there is no law to govern, abuse and corruption prevails. There must be an audit team to look into the system of management and Salaries of every Organisation.

comrade - 5 February 2014

Dear daily News, it won't help to block people who comment using discriminatory and vulgar words, especially in Zimbabwe, because most users access the internet using powertel, africom and econet broadband. Therefore, if you block 1 person who is using a powertel IP address, it means hundreds of thousands of people wont be able to access your comment system. secondly, most people use Opera Mini and Opera assigns its own IP addresses to anyone who browses the internet using their browser. Therefore even if you block someone today, he just needs to restart his phone and he will get a new IP address from Opera then comment again. We have tried it on our own website and we have seen that this doesn't work. in the end only innocent people suffer, not the real culprits.

Think tank - 5 February 2014

Ya....a i am also starting to see why people are saying Mr Zembe may not be the ideal person to spearhead a PSMAS reform. He seems obsessed with protecting himself and his colleagues from being fired. The constitution that he is passionately quoting was made in good faith, not as a shield to deny corporate ethical governance. He must organize an urgent extra-ordinary AGM for members to nominate and vote or return him and his friends to the board. Secondly he should try to start on a more sensitive, human and ethical platform i.e even opening the door for amending the constitution. I have in mind the following new reps on the board or as ex-officio of standing committeees: civil servants Associations representatives, service providers, doctors, dentists, Business formations, Churches. In the interim he can pursue the issue of forensic audits etc-whose results should be presented at the extra-ordinary AGM of members.

EX- PSMAS doctor - 5 February 2014

Makuzoona iye zvino so what were you doing in those board meetings? Clapping hands and dancing on receiving daily board fees. Do waste our time Luxon, you LUCK has run out SON. Resignation is the the best deal for PSMAS. There are some hard working women and men let down by this crowd of clowns. From the grave....NDINI wenyu....

Dambudzo Marechera - 6 February 2014

vanhu vemuzimbwabwe mese murimarabishi you must all get arrested how can someone gets a million $ per month when you claim to be under sanctions . MR Commander in chief lets have Salary controls.Your economy no one must get salary above $8000 in zimbabwe whether CEO or or any minister.look your civil servents including your educated perm secretary they get $500 less than$1000 thus reasoble amount for that economy. Mr comander in chief musanyegerere munhu wether its e palastatal or municipality dzingai imbwa dzese masalaries ngaaenderane ne economy yenyika yedu. vanhu varikutambura .vanoda mari idzodzo ngavaende ku America vandopiwe mari idzodzo. Munyika yamai Gushungo apa tinoda Kuona simba renyu chairo chairo nekuti apa paita vasveta simba

DOFO - 6 February 2014

vanhu vemuzimbwabwe mese murimarabishi you must all get arrested how can someone gets a million $ per month when you claim to be under sanctions . MR Commander in chief lets have Salary controls.Your economy no one must get salary above $8000 in zimbabwe whether CEO or or any minister.look your civil servents including your educated perm secretary they get $500 less than$1000 thus reasoble amount for that economy. Mr comander in chief musanyegerere munhu wether its e palastatal or municipality dzingai imbwa dzese masalaries ngaaenderane ne economy yenyika yedu. vanhu varikutambura .vanoda mari idzodzo ngavaende ku America vandopiwe mari idzodzo. Munyika yamai Gushungo apa tinoda Kuona simba renyu chairo chairo nekuti apa paita vasveta simba

DOFO - 6 February 2014

Cashbert Dube Former Theif Executive Officer of PSMAS kkkkkk

Tuku - 6 February 2014

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