Mokoetle gets R3.4m parting gift

2011-01-21 16:36

Johannesburg - Embattled former SABC CEO Solly Mokoetle received a settlement of R3.4m following his resignation on Wednesday, the SABC said.

"Mr Mokoetle was paid an equivalent of his 12 months' salary which amounts to R3.4m inclusive of leave and other entitlements as a full and final settlement," SABC spokesman Kaizer Kganyago said.

"Whilst wanting to respect the confidentiality of the settlement, it is in the interests of transparency and to put an end to negative and incorrect media reports that the Board has decided to make this disclosure," Kganyago said.

Following Mokoetle's resignation, media reports had suggested that the settlement amount was believed to have been around R30m.

The disclosure of the settlement was prompted by Communications Minister Roy Padayachie, who met with the SABC board on Friday to discuss developments at the public broadcaster, his spokesperson Tiyani Rikhotso said.

"Padayachie commended the board for their approach to the corporation's protracted dispute with the former GCEO, and he was briefed about details of the settlement reached by the two parties thereof," Rikhotso said.

He said the minister recommended to the board to move swiftly in advertising and filling key vacant positions, including that of Mokoetle's.

The minister also commented on the general state of the broadcaster saying that he was confident the board and management were making progress and that things were looking positive.

"[This was] following my meeting with the board of directors of the SABC...and having received a detailed report on matters pertaining to the corporation's reporting obligations to Parliament, the execution of the turn-around strategy and preparations for the upcoming local government elections," Padayachie said.

Mokoetle was the SABC's chief operations officer between 2001 and December 2006, and appointed by former communications minister Siphiwe Nyanda.

His appointment was opposed by the SABC board as he reportedly left the state broadcaster in a huff as COO, following a damning audit report compiled by Gobodo Forensic and Investigative Accounting in 2005.

The report found he had badly failed in his corporate governance duties.

A showdown between Mokoetle and the board came after the former nominated Phil Molefe as head of news.

The board eventually suspended him for Molefe's appointment, and also alleged Mokoetle had failed to come up with a turnaround plan for the broadcaster.

The public broadcaster's chief financial officer was appointed acting group CEO.

Mokoetle's disciplinary hearing was suspended recently. He said it was no longer possible for him and the board to work together following a breakdown in their relationship.

  • Cornelius T - 2011-01-21 16:47

    What a Dush@!

  • fuzzy - 2011-01-21 16:51

    Yes please! I also want a job for which I am not qualified. Then when I stuff up i get canned with a whopping severance packet of tax payers money. The pilfering continues.

  • Keith - 2011-01-21 16:51

    why are we paying a bonus to someone who resigned because he was nable to do the job he was paid to do?

  • gizmo - 2011-01-21 16:55

    easy come easy go.

  • Juan - 2011-01-21 16:56

    And these paracites wants US to pay our tv licenses? They can now really STICK IT!

  • Greg - 2011-01-21 17:03

    Reward MEDIOCRITY again and again...

  • Shorts - 2011-01-21 17:08

    Paid excessively for doing what? At this level of settlement package, the queue of yet more potentially Presently Dysfunctional Incumbents to take his place will make the recent UJ student registration chaos seem like a non-event!!

  • William - 2011-01-21 17:23

    And we believe the because?...

  • Graham - 2011-01-21 17:28

    This can only happen in Africa .... he screwed up and he gets a nice reward....he will probable get a nice job somewhere else in government when he has had a bit of a rest....they would get mad Bob in here too if they could!!! Jake the snake is probable working on it...

  • BG - 2011-01-21 17:39

    He gets paid for not doing his job AND WALKS AWAY WITH R 3.4 MILLION? Get real

  • cal - 2011-01-21 17:42

    outrageous - no dignity, no selfesteem, no breed; just greed. "it's all about me and what I can get out of the deal/country/taxpayer.

  • Carolyn - 2011-01-21 17:43

    Just another Millionair who really does not need the money. and lets face it they aren't paying him WE ARE

  • Ants - 2011-01-21 17:51

    Nice. When I resign, I only get the pension fund that I've contributed too. He gets 12 month's salary? Wow. I guess that's to say thank you for a good job or what?

  • GCR - 2011-01-21 17:56

    Considering he was a failure as the COO and now as the CEO it is quite amazing that he got such a generous farewell present from his employers. Wonder where he will pop up next - try Transnet or maybe even Armscor. Thank goodness I don't pay licence fees to the government as I could not bring myself to consider paying a salary to these incompetents

  • GhengisKhan - 2011-01-21 18:16

    One more punch against the taxpayer`s head..........

  • Rolie - 2011-01-21 18:24

    And soon the SABC will be looking for bailout money from the ANC, which is actually taxpayers money, and so, it goes on and on. I would have done a better job cheaper!

  • Piet - 2011-01-21 18:25

    "... he had badly failed in his corporate governance duties" yet he is paid to leave. Just unbelieveable.

  • frikdt - 2011-01-21 18:54

    SABC - you've lost the broadcasting rights to just about every important sporting event in existence, because you DON'T have the funds. CORRECTION: you did have funds but you first had to pay a bunch of fat cats for achieving nothing zero, nul, which is why you have no funds. Listen up South Africa, "Pay Your TV Licence, It's The Right Thing To Do!" Yeah, right!!

  • frikdt - 2011-01-21 19:23

    @GCR - No, not amazing, it has become the norm.

  • Chez - 2011-01-21 19:24

    Pay your tv license, its the right thing to gat!!!

  • Marcus - 2011-01-21 19:47

    Proper idiots. He quit, he is entitled to no settlement except possibly for leave days owed to him although with the quality of broadcasting it seems he was always on holiday. Rip off. Again.

  • Dave - 2011-01-21 20:35

    Ï didnt receive anything that was undue to me" So he was actually paid to resign and we are fed this nonsense.

  • andreas - 2011-01-21 21:18

    3.4 mio too much, bullet would suffice for incompetence, much cheaper

  • Daniel - 2011-01-21 21:20

    You all fail to see the real issue here. The entire board must be fired for failing to put in place Key Performance Indicators that should have been used to measure this dude's performance. If it was in place no labour court would have ruled in his favor and the board would have grounds to fire him without compensation.

  • Dave - 2011-01-21 21:27

    since when do you get paid a severance package when you resign. I think i will try this one on my boss and lets see what he says

  • Embomvu - 2011-01-21 22:50

    Can someone please explain again why we pay TV licences? To enrich incompetent nicampoops who squander the funds and the only dish they able to serve is faeces.

  • gizmo - 2011-01-21 23:25

    Can I please go and work for the SABC!!

  • SF - 2011-01-22 07:03

    Can't someone just take these thieves out ?

  • DUNCAN GOHL - 2011-01-22 07:31

    Which Gov. piggy bank will he join next?

  • frikdt - 2011-01-22 08:50

    @Daniel - Go read the comments again. No one is critisizing Mokoetle, almost everyone is having a go at the SABC, so I very much doubt that people are failing to see the real issues here.

  • Embonvu - 2011-01-22 09:57

    A bloody disgrace, another case of gross incompetence and the idiot gets rewarded for being an absolute ignoramus.I would really appreciate it if someone could give me just cause and reason as to why we pay TV licences.

  • honky - 2011-01-22 21:54

    Well, if poor people like these types and vote for them, they must know something we don't.

  • jaycee - 2011-01-23 10:13

    A gift it is, indeed!

  • Pierreedge - 2011-01-25 13:20

    Pay your tv license, its the right thing to do isnt it? otherwise how can they pay millions to a guy who RESIGNS and, let's be honest, was asked to go please thank you very much for gross incompetence. i despair brothers and sisters, i really do ...

  • bheki - 2011-01-25 13:57

    I wish I was him. I wonder which gvnmt department is he going to join. Can somebody advise in the case where the employee felt like this guy, "He can't work with his bosses" relationship is broken . Is it not correct that you resign (as an employee) and find another employment without a yearly package like him. I have been the CCMA and most people get by 1 month settlement.

  • Maleo - 2011-01-25 14:12

    What a bloody disgrace -- the board should all be fired!

  • Pensioner - 2011-01-25 14:16

    It took me nearly 50 years to accumulate this sort of money (By saving and having retirement annuities) to be able to retire on. Now if you are not qualified and appointed to a parastatal you get it in a few short months. Viva to the idiots who are responsible for SABC

  • naj - 2011-02-28 20:52

    guys, please send your CV's to SABC: new recruits: Criteria: minimal level of education, lack of common sense, and a desire to walk out , quickly, with luscious gifts..

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