NUDO accuses Meatco of 'ostrich politics'

15 May 2017 14:50pm
WINDHOEK, 15 MAY (NAMPA) – The National Unity Democratic Organisation (NUDO) has labelled the suspension of the Meat Corporation (Meatco) Chief Executive Officer (CEO), Vekuii Rukoro as a mission by some board members to settle personal scores.
NUDO Spokesperson, Joseph Kauandenge said in a statement on Saturday that some board members want to get rid of Rukoro, regardless of the harm it will cause the company.
Rukoro was suspended on Wednesday pending investigations over the loss of funds at the company.
Kauandenge said the investigation has no merit in law and good governance.
He said the allegations are false and Rukoro’s suspension is contrary to his achievements.
“It is regrettable that some members suffer from amnesia as they have conveniently forgotten in what shape and form Meatco was before Rukuro was appointed as CEO; he completely transformed Meatco into a flourishing entity,” Kauandenge said.
He warned that the CEO’s suspension could cost the company more money over an unfair dismissal of an asset and not liability.
“What is the point of effectively firing someone and then use a phrase of suspension, while the company continues to pay the said suspended CEO?” asked Kauandenge, adding it would have been better to complete investigation before the suspension.
Upon inquiry on Monday on the accusations made by Kauandenge, the Chairperson of Meatco Board of Directors, Martha Namundjebo-Tilahun told this agency that the board is guided by existing laws in its operations.
She said NUDO was politicising a pure business decision.
“We don’t want to jeopardise the investigations because it is an internal matter,” Namundjebo-Tilahun said.
Earlier last week, Rukoro was reportedly handed a suspension letter on Wednesday for allegations of loss of funds following an audit report by a local auditing firm into the company’s dealings.
The report allegedly revealed that the company’s management failed to employ strict measures to prevent the loss of around 1 440 cattle.
(NAMPA)
PM/CT/EKM