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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