BREAKING. SABC CEO Lulama Mokhobo and chief financial officer investigated by board for spending R3 million on ICT Indaba - report

The SABC's CEO Lulama Mokhobo and the SABC's chief financial officer Gugu Duda are being investigated by the SABC board for okay-ing the spending of R3 million as a sponsorship of the department of communications' ICT Indaba in July, the Sunday Independent reports.

The SABC paid R1 million in cash and R2 million in a trade exchange for the ICT Indaba in Cape Town organised by the minister of communications Dina Pule, around which allegations of improper and conflict of interest matters have been swirling. The ICT Indaba cost R36 million.

The Sunday Independent quotes two unnamed SABC board members saying that the SABC board is "incensed" by Lulama Mokhobo and Gugu Duda's "donation".

The SABC borrowed R1,47 billion from the government in a government guaranteed loan from Nedbank in 2009, R1 billion of which the SABC has used for a drastic turnaround strategy and haven't yet paid back.

The newspaper quotes an SABC board member saying that the spending "did not have board approval". The SABC's spokesperson Kaizer Kganyago is quoted in the article as saying that Lulama Mokhobo and Gugu Duda didn't need SABC board approval to make the R3 million sponsorship of the ICT Indaba.

The SABC board member Thami Ka Plaatjie and deputy chairperson is reportedly in charge of investigating Lulama Mokhobo and Gugu Duda and the R3 million sponsorship.