BBC finds some of its missing millions | Fin24
 
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BBC finds some of its missing millions

Jan 21 2018 05:52
Lesetja Malope

A portion of the missing R5m that the suspended Black Business Council (BBC) president Danisa Baloyi was suspended over has apparently been repaid, but the embattled executive is also set to face the music over her alleged unauthorised trips.

The BBC national office bearers held their first meeting of the year on Wednesday and received a report that at least R4.2 million of the R5m had been repaid by the company it was initially directed to, though the payment was not yet verified.

According to a reliable source, the organisation decided that current vice president Gilbert Mosena would take over as the acting president of the organisation while Baloyi was on suspension. The organisation is set to have its elective conference later this year.

BBC secretary-general George Sebulela advised that the organisation was informed that a portion of the money was paid, but said the payment was yet to be confirmed. He also said he could not confirm how much was said to have been paid.

On the investigation, Sebulela said the meeting resolved to request an update report on the probe into Baloyi from the BBC Stalwarts, a group comprising veteran council members, and also into the alleged unauthorised trip when she purportedly represented the organisation while on suspension.

The R5m was initially a donation from Airports Company SA but it never made its way into the BBC’s coffers and Baloyi subsequently had fraud and theft charges laid against her by the council.

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bbc  |  danisa baloyi
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