In City Press Business: Nafcoc factions suspend each other; probe into Fabcos companies

  • 📰 City_Press
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

In City_Press Business today: Two high-ranking officials of lobby group Fabcos are accused of hijacking and awarding themselves shares in entities which received more than R60 million in grant funding from the government

ome of the headlines in the Business section this week.Two high-ranking officials of lobby group Fabcos are accused of hijacking and awarding themselves shares in entities which received more than R60 million in grant funding from the government.

Who is in charge of this once progressive group? Clearly, no one as president Sabelo Macingwane and secretary Stephen sikhosana hold separate meetings to – wait for it – to suspend each other from Nafcoc.

 

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

I'm so surprised that Fabcos is still alive Fabcos left us in a cold by saying that the company is running out finance with out showing up paperwork or statements in the western cape in 2011 after a long service in a company we still waiting for the right statement

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:

 /  🏆 7. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines