Parastatals Board Members, Face Dismissal As Government Stems corruption’

Parastatals Board Members,  Face  Dismissal As Government Stems corruption’

Board members of several parastatals face imminent dismissal as Government flexes its muscle to stem corruption through the National Code on Corporate Governance. This week alone, board members from three parastatals were fired for corruption, gross abuse of financial resources and poor corporate governance. The code, which came into effect in April, provides a framework for corporate conduct for both the public and private sectors focusing mainly on issues of corruption, corporate disclosure, communication and…

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