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MBABANE - Nedbank Swaziland has suspended the salary, and other benefits of its Head of Retail Phesheya Nkambule, who is undergoing a disciplinary hearing process.

Nkambule has since taken the bank to the Industrial Court and he wants all his employment benefits to be reinstated. These include medical aid and mobile phone contract, as well as payment of his salary. 

He is one of the managers who were investigated by the bank over the alleged misappropriation of a sum of over E3 million belonging to the bank.
The head of retail is facing nine charges. He is alleged to have been aware that several invoices which were presented by service providers were fabricated, in that the services were not rendered and he went on to authorise payment of those invoices without verifying that the work had been done.

The veracity of these allegations is still to be tested in court. Nkambule is represented by Meluleki Ndlangamandla of MLK Ndlangamandla Attorneys.
He stated that he was served with a revised charge sheet on March 20, 2019 and invited to the hearing on April 15, 2019. Nkambule said he was unable to attend the hearing on May 22, 2019 and he allegedly furnished the employer with a doctor’s note which the bank probed.


The head of retail submitted that he had launched applications at the High Court to review an interlocutory decision of the chairperson and the bank allegedly began a process to have his salary withheld.

He informed the court that he was served with a letter dated May 20, 2019 calling upon him to furnish it with reasons why his suspension should not be without pay pending finalisation of the disciplinary hearing.

Nkambule claimed that the bank accused him of frustrating the hearing and faking his illness.
He said the bank responded on May 28, 2019 through a letter advising that the terms of his suspension had been varied to without pay with effect from June 1, 2019.

He alleged that the employer, within the month of June after suspending his salary, facilitated that the usage of his mobile contract benefit with MTN Eswatini be terminated.
This was done through a short message service (SMS) on the weekend of June 28, 2019.
Nkambule told the court that he was still an employee of the bank and he is entitled to the mobile contract benefit.

He alleged that his medical aid providers, had informed him that Nedbank told them that he had been terminated and should be removed from the benefit.
Since his salary was withheld, Nkambule said on June 25, 2019, all his loans and overdraft were due and should be paid within a period of 14 days.

Should he fail to pay as the bank advised, Nkambule alleged that his employer informed him that they would institute legal action against him.
Nkambule alleged that Nedbank informed him that his salary would not be reinstated and that it was within the bank’s right to withhold it.
The matter will be heard on July 17, 2019.

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