MVA Board Chairman Confirms Suspension of Top Managers

1
MVA Board Chairman Confirms Suspension of Top Managers
MVA Board Chairman Confirms Suspension of Top Managers

Africa-Press – Eswatini. Zithulele Gina, the Sincemphetelo Motor Vehicle Accident Fund(SMVAF) Board Chairman has confirmed the ‘suspension’ of top Managers amid investigation into alleged irregularities in the procurement of a R59million SAP-ERP technology system without informing SCOPE, the Cabinet Standing Committee on Public Enterprise.

SCOPE is responsible for overseeing State-Owned Enterprises (SOEs), the Cabinet Committee works with the Public Enterprise Unit in ensuring transparency and accountability.

SAP-ERP stands for Enterprise Resource Planning, a software system developed by SAP SE that integrates various core business processes into a single, unified system.

It helps businesses manage and automate functions like finance,Human Resources, manufacturing, supply chain, sales, and procurement, providing a centralized view of operations.

It has been disclosed that, Chief Financial Officer(CFO) Martin Simelane and Chief Operations Officer(COO) Innocent Dlamini have been ‘suspended’ pending further investigations.

But their ‘suspension’ which the Board Chairman diplomatically described as a ‘special leave’, was allegedly based on preliminary findings of a vigorous and external investigation launched by the Governing Board into the procurement of the technology system.

An independent investigation uncovered that, even though MVA Chief Executive Officer(CEO) David Myeni was not suspended after it was discovered that, he was not involved in the fraud and corruption, the Board is actively engaging him and, he might voluntarily resign for failing to properly ensure adherence to the State owned entity’s procurement procedures.

“It is true that the Board had concerns with compliance with procedure in the procurement of the SAP-ERP system. An external investigation was instituted by the board in this regard. The investigation report revealed that proper procedures were not followed in the procurement. The report recommended consequences management,” said the MVA Board Chairman when responding on Saturday morning.

When asked to clarify the alleged suspension of senior Managers, the Board Chairman said the two(2) above mentioned senior Managers were placed on special leave adding that, the CEO was not “suspended but being engaged in implementing” the investigation report.

“The CEO is not suspended.The Board is engaging the CEO on the implementation of the recommendations of the report. While the engagements are on-going, we agreed that the CFO and the COO be allowed to take special leave, pending the outcome of all the engagements that are currently on-going”, he said.

For More News And Analysis About Eswatini Follow Africa-Press

LEAVE A REPLY

Please enter your comment!
Please enter your name here