Africa-Press – Eswatini. Kobla Quashie Consulting(PTY)LTD, the company that was mandated by the Central Bank of Eswatini(CBE)to liquidate OnTime Investments has maintained a loud silence thus creating frustration among members of the public, some who secured bank loans and invested in the now defunct company.
OnTime Investments is a company owned by Machawe Gama who allegedly defrauded members of the public millions of Emalangeni, promising them better returns if they pumped money into his company.
Reached for comments, Nadia Ngwenya, the Kobla Quashie Executive Assistant said the matter was pending in court.
“The matter is pending in court but I would like to consult with my superiors before sharing an informed comment,” said the Kobla Quashie Executive Assistant.
A citizen who contacted this publication said the Kobla Quashie Executive Assistant was rude towards them every time they asked for an update on the matter.
“I am being owed more than R40,000.00 by this company which is a huge amount of money under the current economic situation. Some members are being owed more than R60,000.00 each, it’s really bad, most of these members are no more because of stress as these monies were obtained through bank loans,” said the member of the public who contacted this publication and requested that pressure must be put on Kobla Quashie.
It has been disclosed that National Commissioner of Police William Dlamini was among those who were defrauded their monies by OnTime Investments.
Mandla Luphondvo, the Spokesperson of the Central Bank of Eswatini(CBE) said the matter was handled before he joined the bank and promised to consult before sharing a comment.
“I was not with the bank at the time when this matter was being deliberated, I will need to consult before sharing a comment,” said the Central Bank Spokesperson.
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