CEDA and Mobility parry allegations of corruption and maladministration
Mobility (PTY) Ltd and their business partner, Citizen Entrepreneurial Development Agency (CEDA) this week rubbished allegations of corruption and mismanagement that are said to bedevil the telecommunications and electronics distributor company.
The celebrated partnership which started two years ago with CEDA’s acquisition of 49% stake valued at P27million in Mobility (PTY LTD) has hit a rocky patch, disgruntled employees have alleged.
“Right now the CEO has resigned and gone back to Yugoslavia where he comes from.
Some of his juniors have also resigned and the new management is firing employees and hiring lowly paid staff because the company is struggling to make profits and is unable to meet its end of the bargain in the partnership,” said a senior employee who did not want to be named for fear of victimization.
Another employee claimed that company funds were used for personal gains by top management and that some of the dismissed employees have taken the company to the Industrial Court.
“Between March and April the CEO and another top manager travelled abroad on personal trips using company funds.
Some employees have been fired, others are on suspension while one senior employee has resigned and instituted a breach of contract lawsuit against the company.
Mobility has since appointed a consultant, Thapelo Lippe, whom some disgruntled employees have complained that he is being paid a hefty fee while staff are being told there is no money.
This week Janine Wright, the Head of Structured Finance at CEDA together with Mobility Group General Manager Vanya Zlateva, parried away the corruption and maladministration allegations and defended the partnership between the two organizations.
“As far as I am concerned we are progressing well in the partnership. We play a corporate advisory role where we receive monthly management accounts and we also monitor how the business is performing.
As CEDA we have a 49% stake in the partnership. We are not aware of any corrupt practices and if at all there were we would have known,” Wright said.
For her part Zlateva, the Mobility group General Manager said she was not aware of any impending court cases or staff complaints.
“If there’s any court case we’ve not been notified yet.We are doing quite well and the company has grown significantly and we’re pursuing other partnerships with the likes of Letshego, FNB and others.
We also have a number of products lined up and everything as far as we’re concerned is going well at Mobility,” she said.
Zlateva also defended the international trips that were said to be undertaken for personal interests.
“We are an international company and top management are bound to travel to other countries where we do business.
I remember that the trip in question was a visit to Mozambique by the former CEO and the Sales Manager and it was official.
Thapelo Lippe whose company, The Right Source, was appointed as a consulting firm also distanced himself from the damaging allegations.
“All those allegations are not true at all. My role at Mobility is to provide services on strategy and we have nothing to do with the IT aspect,” he said.