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Solidarity demands that GEPF chair must go following allegations of VBS bribe

Details

GEPFSolidarity issued a press statement on Tuesday advising that it will address official correspondence to the Minister of Finance requesting that Dondo Mogajane be immediately relieved of his duties as chairperson of the board of the Government Employees Pension Fund (GEPF).

According to allegations contained in an affidavit made by the sentenced chairperson of VBS Mutual Bank, Tshifhiwa Matodzi, R1 million was allegedly paid to Mogajane so that he would use his influence to convince municipalities not to stop investing in VBS Mutual Bank. “In light of the large-scale corruption and looting at VBS Solidarity has reason to be concerned about Mogajane’s suitability to now serve as the GEPF chairperson,” the trade union pointed out.   According to Renate Pieterse, network coordinator for the public industry at Solidarity, Solidarity will have to consider legal options if Minister Enoch Godongwana does not accede to its request. “The very same Godongwana was the one who originally nominated Mogajane – the former Director-General of the Treasury – to the GEPF board. The GEPF is one of the 30 largest pension funds in the world, and it is worrying and unacceptable that its chairperson is implicated in such serious allegations of financial irregularities,” Pieterse noted. She added that Solidarity would make its appeal to the Minister of Finance based on its responsibility towards the trade union’s GEPF members, as well as towards public service pensioners in general. Should urgent steps not be taken to remove Mogajane from his position, Solidarity said it would have to resort to further action.

  • Read Solidarity’s full press statement in the above regard at SA Labour News


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