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Nafcoc members expelled

Jul 23 2013 17:18
Sapa

Johannesburg - Nafcoc has expelled its former president Lawrence Mavundla and several others for bringing the organisation into disrepute.

"In line with the resolution, letters of termination have been served on all the affected individuals," National Federated Chamber of Commerce and Industry president Joe Hlongwane said in a statement on Tuesday.

"The expelled individuals are accordingly no longer members of Nafcoc and do not represent Nafcoc in any capacity."

The expelled group included Sonyosi Stephens Sikhosana, Churchill Mrasi, Teme Emmanuel Letsoela, Sekwamo Gilbert Mosena, Daniel Kotze and Chuma Shweni.

Mavundla was removed by a group led by Hlongwane at a meeting in December last year.

The meeting passed a vote of no confidence in the executive led by Mavundla as the president, elected Hlongwane as president and a new executive.

In February, Mavundla and his group lost in the High Court in Johannesburg to have Hlongwane's leadership declared invalid.

Hlongwane said the group failed to produce properly audited annual financial statements since 2009, account for funds received from the chamber's investment arm Nafhold, pay Nafcoc's liabilities to the SA Revenue Service and also sowed division in the organisation by attempting to create parallel structures.


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nafcoc  |  economy

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