Ex-TransNamib boss gets payout
A negotiated settlement between TransNamib and its suspended chief executive officer Sara Naanda has been sealed following an endorsement of the package by Minister of Works and Transport, Alpheus !Naruseb, this week.
The new board, under the chairpersonship of Paul Smit reached the settlement agreement with Naanda because the new board did not want to get involved in a disciplinary process started by the former board, sources privy to the matter allege.
According to the sources, Naanda was not dismissed. She was, however, “encouraged” not to pursue reinstatement because of the low morale among staff at TransNamib.
Namibian Sun is reliably informed that the settlement amount is “much lower” than the N$10 million that Naanda was entitled to in her five-year contract of employment with the company.
Public Enterprises Minister Leon Jooste had been approached for advise on the matter and was informed every step of the way leading up to the separation agreement.
Naanda was suspended on 30 October 2014 for alleged breach of confidentiality obligations, conflict of interest and breach of trust.
A disciplinary hearing against her was held in her absence in July 2015 and, the recommendation of that outcome was made known to the board in April. However, the board took a decision not to pursue the charges to avoid another disciplinary process against TransNamib, and as such the disciplinary process against her was never finalised.
The new board appointed in November 2015, was encouraged by both !Naruseb and Jooste to settle the Naanda case as a matter of urgency so that a recruitment process could start to appoint a new head for the parastatal. This recruitment process was anticipated to start on 1 March but was delayed because the Naanda matter took longer to conclude.
CATHERINE SASMAN
The new board, under the chairpersonship of Paul Smit reached the settlement agreement with Naanda because the new board did not want to get involved in a disciplinary process started by the former board, sources privy to the matter allege.
According to the sources, Naanda was not dismissed. She was, however, “encouraged” not to pursue reinstatement because of the low morale among staff at TransNamib.
Namibian Sun is reliably informed that the settlement amount is “much lower” than the N$10 million that Naanda was entitled to in her five-year contract of employment with the company.
Public Enterprises Minister Leon Jooste had been approached for advise on the matter and was informed every step of the way leading up to the separation agreement.
Naanda was suspended on 30 October 2014 for alleged breach of confidentiality obligations, conflict of interest and breach of trust.
A disciplinary hearing against her was held in her absence in July 2015 and, the recommendation of that outcome was made known to the board in April. However, the board took a decision not to pursue the charges to avoid another disciplinary process against TransNamib, and as such the disciplinary process against her was never finalised.
The new board appointed in November 2015, was encouraged by both !Naruseb and Jooste to settle the Naanda case as a matter of urgency so that a recruitment process could start to appoint a new head for the parastatal. This recruitment process was anticipated to start on 1 March but was delayed because the Naanda matter took longer to conclude.
CATHERINE SASMAN
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