Home | News | SNTC SENIOR OFFICER SUSPENDED OVER MISSING FUNDS

SNTC SENIOR OFFICER SUSPENDED OVER MISSING FUNDS

Font size: Decrease font Enlarge font

MBABANE – A senior officer at the Swaziland National Trust Commission (SNTC) has been asked to stay at home following allegations of misappropriation of funds at the institution.


This was after accountants blew the whistle on how funds were being handled.
It is also alleged that this has been going on for some time until it was announced that the accountants would be transferred from the SNTC Headquarters, with the said officer refusing or failing to pay back the money, which was never deposited.


Victimisation is said to have started playing itself out with the workers resisting transfers until all financial records were balanced up.


Union


“They requested that they be transferred after the organisation’s financial records had been audited and balanced, lest they be held accountable during auditing. The officer (name deliberately withheld) was persistent that they accept the transfers unconditionally, something which the accountants resisted and reported to the union,” said insiders.


The union took up the matter and confronted the SNTC Chief Executive Officer (CEO), Titus Dlamini with the accountants’ allegations over misappropriated funds. “That is how the investigations started,” according to the insiders.


In one incident it is alleged that about E9 000 from one of the SNTC businesses never reached coffers.
“We have been told that (the officer) made an undertaking to repay E20 000, which preliminary investigations found to have been unaccounted for yet collected from various SNTC entities,” alleged the informants.


A member of the Union of Swaziland Conservative Workers (USCW) did not wish to get into details as yet on what was happening at STNC in fear of victimisation.
Nonetheless, he confirmed that the matter relating to the said officer was reported to SNTC management.


Clement Fakudze, the union Chairman, confirmed that such an issue was reported to the union, adding that investigations were still ongoing.
“We referred the concerns of the workers who were not opposed to the transfers but wanted certain things in their financial records to be addressed. However, it would be premature to comment further at this stage as investigations have not yet been concluded,” said Fakudze.
Meanwhile, the workers have alleged that there are different strokes for people at the organisation.

Comments (0 posted):

Post your comment comment

Please enter the code you see in the image: