Mmegi

Audit suspends top CEDA executive

CEDA Headquaters has recently witnessed the organisation's internal audit. PIC MORERI SEJAKGOMO
CEDA Headquaters has recently witnessed the organisation's internal audit. PIC MORERI SEJAKGOMO

Citizen Entrepreneurial Development Agency (CEDA) has suspended one of its top executives with immediate effect following findings from an internal audit, which forms part of the broader national forensic audit currently sweeping through state-Owned Enterprises.

According to information reaching Mmegi, the internal audit, initiated in alignment with the nationwide probe led by Dubai-based consultancy firm Alvarez & Marsal (A&M), uncovered issues that prompted the agency to take swift administrative action pending further investigations.

Sources close to the matter indicated that the decision to suspend the executive was taken to ensure transparency and accountability during the ongoing inquiries.

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Shame on State looters

“Your and my legitimacy relies on fighting corruption, discrimination and seeking justice.”– Imam KhameneiThis is laid bare in the recently released Auditor General’s report of 2023. The report highlights that government was plundered off millions of pula in wasteful expenditure and irregular procurement at a time when the country was grappling for every thebe to save its citizens. The report reveals that millions set aside for the...

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