Business Maverick: Apology: Eskom Pension and Provident Fund (EPPF)

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Between January and March this year, Business Maverick published various articles pertaining to potential administration and governance problems at the EPPF. Here are the headlines and dates of some of these publications:

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Acting Assistant Press Ombud Johan Retief found that Business Maverick consistently neglected to give the EPPF an opportunity to respond to specific allegations which were of a serious nature, which was in breach of the following sections of the Press Code:The media shall seek, if practicable, the views of the subject of critical reportage in advance of publication…”a subject [ of critical reportage] should be afforded reasonable time to respond; if unable to obtain comment, this shall be...

The Busines Maverick was directed to apologise to the EPPF and to all those individuals who were affected by the reportage for repeatedly and unfairly neglecting to give them a right of reply to serious allegations levelled against them. The apology is to be published on the front page of the Business Maverick for at least three days. The Business Maverick was further directed to provide the EPPF with a right of reply not exceeding 600 words.

The EPPF’s complaint and Retief’s adjudication does not pertain to the merits of the allegations levelled against the Fund. “Given the seriousness of the matter, this office should do nothing to dampen BM’s attempts at getting to the truth and reporting it without fear or prejudice. On the whole, the publication should be commended for pursuing the matter – it certainly is in the public interest,” he said.

Business Maverick unreservedly apologises to the EPPF and to all those individuals who were affected by the reportage for repeatedly and unfairly neglecting to give them a right of reply to serious allegations levelled against them. We also recognise the significant distress our reporting caused the EPPF’s pensioners. The EPPF’s right of reply to the allegations can be found

 

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