Africa-Press – Namibia. THE Development Bank of Namibia (DBN) has concluded its investigations and disciplinary inquiries into alleged violations when allocating finance, and all suspended staff have returned to work.
Seven bank employees were placed on administrative leave in April of 2020 to facilitate unhindered investigations into the alleged misconduct. Jerome Mutumba, DBN’s executive for marketing and corporate communication, said: “After the protracted commissioned processes of investigations and subsequent disciplinary inquiries, which were outsourced to external parties to ensure impartiality, the bank is happy to inform that the matter has now been finalised and the suspended employees have since returned to work.
“The bank holds its employees to high ethical standards in the execution of their work and the necessary systems and processes are in place to manage employee conduct.”
The bank encouraged its stakeholders to report alleged fraud or corruption involving DBN staff, clients or potential clients. “An anonymous call be done through the confidential external channel, which protects whistleblowers,” the bank said.
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