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 Hlaudi Motsoeneng’s hopes of holding onto millions dashed in court

Former SABC Chief Operating Officer Hlaudi Motsoeneng’s attempt to appeal the order of the South Gauteng High Court – which declared that the board’s decision to pay him R11.5 million was unlawful and invalid – was dismissed with costs by the supreme court of appeal.

This comes after the SABC board’s decision to award Motsoeneng a success fee for the successful negotiation of the MultiChoice contract in a

The South Gauteng High Court in Johannesburg ruled in December 2021 that the board’s decision was invalid and unlawful, and ordered Motsoeneng to repay R11,508,549.12 within seven days, with interest at 15.5% per annum calculated from September13, 2016 to payment date.

The SIU and SABC then took action to recover the financial losses and in February 2018, summonses were issued against Motsoeneng.

In the event that Motsoeneng failed to make payment within seven days, the SABC Pension Fund was instructed to pay the sum to the public broadcaster or all pension proceeds.

In a statement on Wednesday, the spokesperson of the Special Investigations Unit (SIU), Kaizer Kganyago welcomed the decision of the Supreme Court of Appeal to take action in order to recover financial losses suffered by SABC in August 2016.

 

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