Thursday, April 30, 2015

BREAKING. Did the SABC just suspend 4 senior financial staff, including Itani Tseisi, over an alleged leak of SABC financial information to the press?

I've been told that the SABC has apparently immediately suspended 4 top financial staff - including Itani Tseisi, the SABC's head of risk and governance.

I've not been able to get confirmation from the SABC on these suspensions at the start of a long weekend, but I've made a media enquiry, I'm awaiting a response, and I will update this story as more information becomes available.

According to sources the shocking suspensions of the 4 senior SABC financial staff has to do with an investigation by the SABC as to who and what people allegedly leaked to the Sunday Times information regarding the SABC's financial statements.

The suspensions has to do with the story this past Sunday in the Sunday Times, alleging that the SABC's famously matricless COO Hlaudi Motsoeneng is hiding the financial troubles of the SABC.

According to the Sunday Times the SABC faces a loss of R500 million based on documents to be submitted to the auditor-general in May.

SABC News (DStv 404) put James Aguma, the SABC's chief financial officer (CFO) on television after the story appeared, saying the Sunday Times got the financial statements "illegally" and that its a "stolen document".

James Aguma said that its "unfortunate that we're forced to respond to issues in financial statements" which has not been subjected to audit.

Itani Iseisi is according to a source one of the people who has now been suspended by the SABC. Itani Tseisi is the SABC's group executive for risk and governance at the public broadcaster.