Ceda board rejects thankoons out

≈ This development comes in the middle of the ongoing investigations, involved acts of corruption and wrong management at the Agency, as well as an increasing list of dissatisfaction from the former employees. Thamane, who led the 2008, was suspended by the Minister of Commerce and Entrepreneurship, Tiroaonei Ntsima, a week ago. The suspension letter, which was sent to Thamane’s residence by assistant minister Baratiwa Mathoothe, is intended to allow a criminal audit to continue without interference. The Minister of Ntsima, who was then in Davos, Switzerland, said that the suspension could take until the audit is completed or until the auditors are satisfied with their findings. However, there are statements that just one day after his suspension, Thamane “wrote” the president of the Board of Directors, complaining that his suspension was made without the recommendation of the Board of Directors. He would have claimed that this gave him the impression that he was “pre-judged” and asked for a mutual separation package. Interestingly, the letter was not copied to the minister, raising questions about Thamane’s intentions. The Board of Directors, headed by his president, was quickly summoned to consider Thamane’s request. “At the Meeting, it was resolved that Ceda’s Human Resources Director, Tirelo Leshetla, and Company Secretary, Cynthia Sebonego, Would Draft a separation for the embattled CEO. The chairperson emphasised the need for secret, citing concerts aboutout leaks follock the recent Disclosing the changes of the policy related to the staff loans ”, said our source.

The proposed package, which was drawn up for the approval of the Board of Directors, includes a number of benefits that have been described as excessive. “Thamane is about to receive all its benefits for the rest of 11 months of its contract, including; Association Amonthly on the Internet of P3, 500 for 11 months; The payment for fuel that would be used during the same period and time allowances for 11 months, “it is assumed. Critics claim that the package is an attempt to eliminate any disciplinary action against Thamane and to avoid a long and harmful potential process. Thamane’s suspension and the proposed package come over a background of serious corruption and wrong management charges. The Directorate for Corruption and Economic Crime (DCEC) has confirmed that they are investigating Thamane and the Agency. The DCC spokesman, Nlayidzi Gambule, said the investigation is ongoing, but refused to provide additional details. Adding to Thamane’s Woes, a group of former employees CEDA recently submitted a petition to the Ministry of Commerce and Entrepreneurship, holding abuse, harassment and dismissal. The petition, received by Mathoothe, also highlights the concerns about the sale of properties belonging to the former employees and requires compensations or recapture. Former employees claim that they were obliged to repay their full loans when leaving the agency, a policy that has since been revised. Last year, it seems that the CEDA management addressed the Board of Directors to modify the loan repayment policy, allowing employees to continue repayment of loans even after leaving the organization. Critics claim that this change was made to protect the senior directors in case of removing them. The scandal from Ceda has attracted the public’s attention on a large scale, with over 20,000 people who have signed an online petition requesting actions against corruption at the Agency.

The petitioners, led by Setlhomo Tshwanelang, asked for a complete investigation on CEDA operations, including; Appointment of the ambassador ceda Sonny Serite and financing the companies related to him; current acquisitions of ceda and potential conflicts of interest; writing bad debts and beneficiaries of these decisions; Repossia and the sale of properties to CEDA directors and members of the Board of Directors. The petitioners also requested the suspension of the entire executive and the Board of Directors to ensure a transparent and unbelieving investigation. In response to increasing pressure, at the end of last year, NTSIMA announced a criminal audit of Ceda. The audit will examine a wide range of problems, including the wrong financial management, procurement processes and corruption charges. The minister emphasized the need for transparency and responsibility, stating that the audit will help restore public trust in the agency. Mathoothe confirmed that the petition from the former employees will be considered as part of the criminal audit. “We are still studying the content of the petition and we will determine how it falls into the wider investigation,” he said. The alleged output package proposed for Thamane has aroused outrage among employees ceda, who thinks it is a reward for failure. They claim that the package is unjustified, given the serious accusations against Thamane and the financial challenges that the agency faces. Since then, Thamane has denied some knowledge of the problem. “I don’t know what you’re talking about. As I said before, any person who wants to discuss this issue should talk to the Board of Directors or shareholders. I will stay home that will serve my suspension and I will cooperate with the authorities throughout my suspension, “he told Mmegi.

Contacted for a comment, the chairman of the Board of Directors of Ceda, Dr. Alfred Tsheboeg, rejected the requests. “There is no truth in the accusations. Also, if there was any truth, I would not discuss you, because there would be contractual problems between Thamane and fail and not for the media, ”he said.