Dirco finance boss shown the door over R118m New York land scandal

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The international relations and co-operation department in Pretoria has fired its financial boss, Caiphus Ramashau, for his role in the controversial attempt to purchase land in New York City for R118m.

They were charged with gross negligence, and irregular and wasteful expenditure for their role in a 2016 deal for land that apparently did not exist. The plan was to develop land in New York to house SA's diplomatic missions.

Dirco, in a statement on Monday, said it had decided to end its relationship with Ramashau after a disciplinary hearing that found him guilty. “The department has terminated its employment relationship with CFO Mr Caiphus Ramashau,” the statement reads.Mr Ramashau faced charges of irregular expenditure incurred by the department on an unsuccessful project to purchase a piece of land in New York to accommodate SA's permanent mission to the United Nations and its New York consulate.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 28. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

…and the money? 🤷‍♂️🤷‍♂️

Canada Canada Latest News, Canada Canada Headlines