MZANSI CELEBS

Hlaudi Motsoeneng ordered to repay R11.5m to SABC within 7 days… plus 5 years’ interest

Previous SABC COO Hlaudi Motsoeneng has been requested to reimburse the public telecaster over R11 million he got as a “triumph charge” inside seven days.

The Gauteng High Court in Johannesburg decided that the choice by the then-SABC board to pay Motsoeneng the R11 508 549.12 charge was unlawful and invalid, and put it away. He was paid the sum for facilitating an arrangement with MultiChoice for broadcast freedoms, including admittance to the SABC documents.


 

“The achievement accomplished with MultiChoice is the thing that he was utilized to accomplish and for which he procured his compensation of R3 683 600.00 per annum,” read the court administering.

The Special Investigating Unit (SIU) and the SABC moved toward the Gauteng High Court to survey and save the choice of the previous SABC board.

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Motsoeneng was requested to reimburse the sum inside seven days and with premium at the pace of 15.5% per annum, determined from 13 September 2016 to the date of installment.

“The Pension Fund is to pay to the SABC a measure of R11 508 549.12 from the annuity continues that have collected to the advantage of Mr H R Motsoeneng, for the SABC, on the other hand to pay the full benefits continues of Mr H R Motsoeneng, if they don’t rise to R11 508 549.12, if the Second Respondent neglects to pay inside 7 (seven) days from date of administration of this request,” controlled Judge JL Khan.

The top of the SIU advocate Andy Mothibi invited the result.

“This is a continuation of the execution of the SIU examination’s results and outcome the executives to recuperate monies lost by the SABC. There are different cases taken a crack at the High Court and in the Special Tribunal anticipating settling and will bring about additional recuperations for the SABC,” Mothibi said.

The SABC’s Group Chief Executive Officer Madoda Mxakwe said the judgment was a demonstration of the public telecaster’s obligation to tending to corporate administration disappointments.

“This judgment bears declaration to the SABC’s obligation to tending to corporate administration disappointments of the past, while guaranteeing monies because of the company are recuperated. We are sure that this judgment exhibits progress in the SABC’s turnaround venture,” said Mxakwe.