The Gambia’s National Water and Electricity Company (NAWEC) has terminated the services of its Treasury Manager and suspended the Finance Director following allegations of misconduct in a telephone conversation between the Director of Finance and a purported supplier.
A statement issued by NAWEC mentioned that the alleged conversation involved unauthorised financial arrangements in violation of the policies and ethical standards of NAWEC.
The statement said the company has a zero-tolerance stance on unethical practices and a strong commitment to transparency, accountability and the protection of public resources.
According to the statement, The Gambia Police Force and the NAWEC compliance team have been tasked to conduct comprehensive investigations into the matter.
It warned that if the allegations were substantiated, the company would take decisive disciplinary and legal actions in line with its internal policies and national laws.
“We appeal to the public and the media to exercise restraint while investigations are underway. Updates will be communicated promptly,” the statement concluded.
Source: https://energynewsafrica.com