A prominent investment company – which manages R1.6 billion in assets from Telkom and some municipal pension funds, as well as Alexforbes and a UK government financier – has been rocked by a fake qualification controversy.
Langalezwe Madonko, who is co-founder and investment principal of private equity company Summit Africa, confirmed that he does not have the range of qualifications claimed on his CV, including from the prestigious London School of Economics . Despite these being listed prominently in numerous versions of his biography, Madonko also confirmed to News24 that he has never worked for McKinsey & Co and JP Morgan.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.
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