Sandton, 22 August 2018 – The Board of the Community Schemes Ombud Service (‘CSOS’) has served a possible suspension letter to its Chief Ombud, Adv. Seeng Letele and Chief Financial Officer, Mr Themba Mabuya amid allegations that they were grossly negligent, dishonest and were in dereliction of duty in their investment of surplus funds into VBS Bank and that further, they failed to provide relevant information to the Board relating to other investments.
The Board is investigating the allegations with a view to possibly instituting disciplinary proceedings. The Board has given Letele and Mabuya until 23 August 2018 to make representations on the question of their suspension.
Board Chairperson Rev Mehana says, “The Board is interested to receive representations from Letele and Mabuya but should we not receive it in the stipulated time, the Board will proceed to suspend without their submissions.”
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