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ENPC employee in E120k fraud probe

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An employee of the Eswatini National Petroleum Company (ENPC) is under investigation for allegedly defrauding the company of E120 000 through unauthorised payment channels. (Pic: Conflictinternational)
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MBABANE – An employee of the Eswatini National Petroleum Company (ENPC) is under investigation for allegedly defrauding the company of E120 000 through unauthorised payment channels.

The matter was discovered on April 30, 2026 when a company representative identified irregular financial transactions. The alleged offence is reported to have taken place in Mbabane. According to information gathered, the employee allegedly diverted company funds by processing payments through unauthorised channels. It is further alleged that the transactions were done in a manner that bypassed official company accounts.

Information gathered indicates that the employee used internal access to redirect funds, resulting in the company suffering a prejudice of E120 000.

The matter has since been reported to the police and investigations are ongoing. ENPC is a government-owned entity responsible for ensuring a stable and reliable supply of petroleum products in the country.

As Eswatini does not produce its own fuel, the company oversees the importation of products such as petrol, diesel and paraffin through regional supply networks.

It is also tasked with managing strategic fuel reserves, which are maintained to safeguard against supply disruptions. The company oversees fuel storage depots and related infrastructure used to store and distribute petroleum products to local wholesalers and service stations.

In addition, ENPC plays a coordinating role within the fuel sector by working with industry stakeholders to facilitate the efficient distribution of fuel across the country.

Its mandate is to support the continuous availability of petroleum products for domestic, commercial and industrial use, thereby contributing to the country’s energy security.

The case comes amid previous incidents reported in the country involving employees accused of defrauding their employers. In a recent case reported by the Times of Eswatini, the Eswatini Electricity Company (EEC) uncovered an internal fraud scheme in which an employee was found to have stolen about E2 million from the company. The funds were allegedly siphoned through manipulation of internal systems over a period of time before the matter was detected.

*Full article available on Pressreader*  

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