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BL Premium reports that the National Economic Development and Labour Council (Nedlac) has been rocked by scandal yet again, with two executives allegedly implicated in financial irregularities.
Nedlac is a labour department entity made up of government, business, labour and community constituencies, and formulates labour market policy and provides input on other legislation. The organisation is currently tasked with ensuring that proposals by the recent jobs summit to create 275,000 jobs a year are implemented. Nedlac’s CFO Mfanufikile Daza has been suspended and is facing charges for allegedly breaching procurement policies. Executive director Madoda Vilakazi said the CFO had been suspended over "a number of issues" and investigations were being finalised. But another investigation into how the institution incurred irregular expenditure amounting to R391,809 in the 2017/18 financial year could find that Vilakazi himself abdicated his responsibility. That investigative report will be tabled at the exco meeting on Friday. In 2015, a forensic investigation found that Nedlac’s former CFO Umesh Dulabh and former executive director, Herbert Mkhize, had fraudulently and illegally spent close to R2m in council funds. In 2017, the auditor-general flagged several irregularities in Nedlac’s financial statements.
- Read the full original report by Theto Mahlakoana at BL Premium (paywall access only)
Get other news reports at the SA Labour News home page