Controversial businessman Zunaid Moti announced on Wednesday that he has"stepped away" from his namesake Moti Group, leaving the business in the hands of former Treasury director-general Dondo Mogajane.
Mogajane was appointed as CEO of the group in June last year, shortly after leaving National Treasury. Earlier this year, he told News24 that he had mostly been"quietly working" on governance and compliance issues. The Moti Group said this week that Mogajane had spent that time doing his own due diligence and had now"formally accepted" the CEO job.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
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