Fund sued
MASERU-THE Public Officers’ Defined Contribution Fund is being sued for allegedly cutting corners when it appointed its acting principal officer.
Komane Motaba, a Teaching Service Department director who is also the Fund’s trustee, filed an urgent application in the High Court on Tuesday to change the appointment of Sempe Moshoeshoe.
Motaba complains that the board violated the Fund’s regulations when it appointed Moshoeshoe, who is the corporate secretary, as its acting principal officer.
The Fund has about 40 000 members and is worth about M7 billion.
Moshoeshoe was replacing Thabo Thulo whose contract expired on January 31.
Motaba argues that the Pension Fund Act explicitly provides that a principal officer can only be appointed, whether in an acting or substantive capacity, with the approval of the Central Bank of Lesotho as the regulator.
NUL Senate backs Mosito
MASERU-THE National University of Lesotho (NUL) Senate has backed Vice-Chancellor Kananelo Mosito’s decision to evict students from the campus following violent protests last week.
In a notice to staff and students this week, the Senate said the students were destroying the university’s property and disrupting other activities during the demonstration.
The Senate decided that teaching and learning “will continue to take place online while Council looks deeper into students’ grievances”.
“This means that teaching and learning is predominantly online, with limited face-to-face sessions for practical and laboratory work, as well as research activities which are arranged by faculties and authorised by the Registrar, to manage the number of students who may be on campus at a given time,” the notice reads.