Statutory Corporation Boards Warned Against Cutting Corners
Desist from being enticed to make decisions- Mthambala
Mangochi, May 15, Mana: Controller of Statutory Corporations, Nwazi Mnthambala, called on the newly appointed boards of directors and senior management of State Corporation to apply professionalism and avoid cutting corners when discharging their duties.
Mnthambala made the call on Friday in Mangochi at the official opening of corporate governance orientation workshop aimed at equipping the boards’ members and senior management staff with knowledge of the prevailing legislation and government policies, among others.
The Comptroller of Statutory Corporations noted that some boards, knowingly or unknowingly, circumvent legislation or polices thinking that government policies do not apply to their respective parastatals.
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