By Zweli Martin Dlamini

Enerst Mkhonta, the Managing Director of the Eswatini Electricity Company(EEC) and his senior Management must be held accountable for transferring the over R200million late workers’ pensions to Likhwane Beneficiary Fund without the consent of the orphans, widows and other beneficiaries.

This decision clearly means, the EEC Management assisted Likhwane Chief Executive Officer(CEO) Peter Mgcini Shongwe to steal the public funds and EEC workers must know that their pension is not safe under the current Management, their wives, husbands or children will struggle in the event they die while working for the State owned energy company.

Khaya Mavuso is avoiding to respond and clarify this matter because clearly, this is the biggest corruption scandal involving the company and the only thing he can do is to avoid questions.

In this country we have alleged thieves holding corporate positions, how do you decide to transfer money to a questionable investment entity without the consent of the beneficiaries?. Who must take the blame now after the collapse of Likhwane Beneficiary Fund?.

It is clear now that, the EEC Management was paid on the sideline to transfer more millions to Likhwane and we thank the Financial Services Regulatory Authority(FSRA) for taking action against these cruel corporate thieves who allegedly looted money belonging to orphans and widows.

But all the widows and orphans who did not agree to have their money invested at Likhwane and were forced to do so, have an alternative to sue the Eswatini Electricity Company(EEC).

The Management had no right to decide where beneficiaries must invest their money and the EEC Managing Director and his gang of corporate thieves, acted with an alleged corrupt motive.