By Simon Nare
The Democratic Alliance (DA) has welcomed the decision by the National Housing Financial Corporation (NHFC) board to place chief executive officer Azola Mayekiso on precautionary suspension while investigations into serious allegations against her proceed.
The NHFC announced on Wednesday that the suspension took effect immediately following formal complaints and ongoing investigations by public watchdogs, including Public Protector Advocate Kholeka Gcaleka.
The board emphasised that the suspension is a procedural step, not a judgment of wrongdoing, and is intended to allow investigations to proceed transparently and independently.
“The decision aligns with the Board’s fiduciary duty to address workplace transgressions with due process and transparency while considering the sensitive nature of the matters,” the NHFC said.
The corporation assured that all operations, funding programmes, and strategic partnerships would continue without disruption under the Acting CEO and Executive Management Team.
The DA said the suspension followed a complaint it lodged
You’ve reached your free article limit
Subscribe to enjoy unlimited access to trusted journalism. Start your free trial today.
Start your FREE trial nowNeed help? molokom@insideeducation.co.za
