#Headlines

NAWEC sacks treasury manager, suspends finance director

Dec 10, 2024, 10:54 AM | Article By: Press release

The National Water and Electricity Company (NAWEC) wishes to inform the public of its decision to terminate the services of its Treasury Manager and suspend the Director of Finance following allegations of misconduct involving a telephone conversation between the Director of Finance and a purported supplier.

The alleged conversation involved unauthorized financial arrangements in violation of company policies and ethical standards.

NAWEC has a zero-tolerance stance on unethical practices and a strong commitment to transparency, accountability, and the protection of public resources.

The Gambia Police Force and the NAWEC compliance team are tasked to conduct comprehensive investigations into the matter. If the allegations are substantiated, the company will take decisive disciplinary and legal actions in line with its internal policies and national laws.

We appeal to the public and the media to exercise restraint while investigations are underway. Updates will be communicated in a timely manner.