The board of the Property Practitioners Regulatory Authority has reported its suspended CEO Mamodupi Mohlala to law enforcement authorities over alleged maladministration, fraud and misappropriation of pension funds. | Fin24
The board of the Property Practitioners Regulatory Authority has reported its suspended CEO Mamodupi Mohlala to law enforcement authorities over alleged maladministration, fraud and misappropriation of pension funds.
"Based on the serious nature of the allegations and the corresponding findings, pointed out by the investigations thus far ... the board will subject the CEO to a disciplinary inquiry and also report the alleged acts of criminality to the law enforcement agencies," the PPRA said in a statement. Mohlala was given an opportunity to dispel the allegations, but the board deemed her responses as"inadequate" and decided to place her on a precautionary suspension pending the forensic investigation.
The board is also concerned by what appears to be"attempts to distract and blackmail" the chairperson of the PPRA"aimed at discrediting the entire board and the organisation...we suspect with the hope that the board will abandon the investigations on maladministration fraud and corruption".
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