CEDA Fires 'Errant' Employees

Kabelo Moalosi, who was employed as portfolio executive - services at the CEDA Palapye Branch, admitted to a forensic investigations team that he prepared and submitted a loan application for a Bread & Breakfast on behalf of his mother. He also said he had informal discussions about the project with two of his fellow workers, Victor Chivasera and Malebogo Moseki. After receiving the application, Chivasera - who was employed as team leader then allocated the file to Moseki- a portfolio executive: property & manufacturing.

Further investigations revealed that Moalosi later received and captured critical documents to the application into the CEDA computer system. He conducted site visits to the same project and signed the call report on behalf of his mother. He also filled out the Loan Appraisal Report and sent it to Moseki for vetting and submission to Chivasera. The loan application was later recommended for approval and endorsed by Chivasera.