PREMIER Service Medical Aid Society (Psmas) was last night expected to serve its suspended managing director Henry Mandishona (pictured) with formal charges outlining why he had been sent on forced leave earlier this month pending an investigation by the company’s board, sources close to the development said.
It is understood that Mandishona’s charges relate to alleged mismanagement, abuse of funds and unprocedural appointments.
Psmas, now widely seen as a corporate carcass cornered by political vultures, has been under the spotlight since last year after the unceremonious exit of former chief executive Cuthbert Dube amid public anger over a mismatch between obscene salaries for management and its crippling debt.
Mandishona is also alleged to have travelled to South Africa to source for a computer system without board approval. He is also accused of recruiting the heads of the human resources and finance departments without board approval as well as using company funds for corporate social responsibility events which were not sanctioned by the board.
Mandishona declined to comment when contacted last night.
“I have not seen these charges. They have not been communicated to me,” Mandishona said. “I cannot comment on the charges because they are sub judice as they are under investigation.”
However, sources close to the suspended Psmas boss said his line of defence is that the board chairman instituted the investigations without any board resolution and without any recommendation from any board committee. His other defence, informed sources added, will be that the board chairman is fighting in the corner of those who were responsible for the collapse of Psmas. He also believes those tasked with investigating him are compromised as they played a major role in looting the company’s resources.
“The chairman’s only source of information is the people who are heavily compromised as contained in the forensic audit report published. They obviously came with a negative report in order to push Mandishona out so that the report dies a natural death,” a source alleged. “Mandishona was going to implement this report and they were all facing disciplinary issues, some of them would face criminal charges.”
Mandishona (37), a human capital expert and business consultant who was appointed to the position on May 1, was suspended earlier this month.
“On behalf of the Psmas board of directors, I write to advise you that managing director Mr Henry Mandishona has been sent on forced leave with immediate effect pending investigations which the board wants to conduct in relation to his office,” read the letter that announced his suspension which was signed by company secretary and legal advisor, Cosmas Mukwesha.