Court: NYDA must reinstate CEO
The Labour Court has told the agency it must reinstate Steven Ngubeni after accusing him of theft.
JOHANNESBURG - The Labour Court has ruled that the National Youth Development Agency (NYDA) must reinstate its CEO Steven Ngubeni.
Despite having accused him of stealing money and signing off on loans without its approval, the NYDA board will now have to welcome Ngubeni back.
Ngubeni was fired two weeks ago after being accused of approving a R9 million project without following proper procedures.
But the court ruled that he couldn't be axed according to his current contract.
Ngubeni says he wanted to rather face disciplinary charges first to prove that he hasn't done anything wrong.
He also says he feels vindicated and can get on with his work, insisting he's never done anything wrong when it comes to spending the money that the NYDA receives from government.
He says all the loans he processed for young people were legitimate and he's happy with the court's decision.
"I feel very excited and vindicated. All that I have been saying has been proven correct."
The NYDA has now been ordered to cover his legal costs.
But Ngubeni says what's more important is that his image has been restored.
The board will still be able to decide whether it wants to appeal the ruling.
About R400 million is given to the NYDA annually from government coffers.