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Engineering News reports that the board of Mhlathuze Water has resolved to take disciplinary action against its CEO and CFO on charges of financial misconduct and maladministration, following an intensive investigation commissioned by the board in December 2021.
The investigation was initiated after whistle-blower allegations implicating the CEO Mthokozisi Duze and CFO Babongile Mnyandu were brought to the board’s attention. Chairperson Thabi Shange said the two executives were subsequently put on precautionary suspension to allow for an investigation to be conducted and would remain on suspension until the disciplinary process had been concluded. He added that, according to the recommendations of the investigation, which found that the two executives had flouted aspects of the Public Finance Management Act, an independent disciplinary process would ensue in the coming weeks. In a separate investigation, four other officials from the supply chain management and technical services department were also put on precautionary suspension. Swaswa Ntlhoro and Thokozane Hlongwane will continue in their roles as interim CEO and CFO, respectively, to ensure that Mhlathuze Water’s mandate of delivering bulk water and wastewater services to municipalities and industries in northern KwaZulu-Natal continues unhindered.
- Read the full original of the report in the above regard at Engineering News
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