EXCLUSIVE | Axed finance boss cost Central Energy Fund millions, report shows | Fin24

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The fund's CFO and long-time employee, Lufuno Makhuba, has been dismissed after a disciplinary process found him guilty of gross misconduct and insubordination. | Fin24

The former chief financial officer of the Central Energy Fund cost the fund millions due to gross misconduct and insubordination, according to allegations levelled against him during a disciplinary

process. Lufuno Makhuba was subsequently dismissed from his position earlier this year. Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism. You can cancel any time.

 

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Fin24 Jail time? Corruption continues ‘cause no one gets convicted. It’s big crime syndicate.

Fin24 ANOTHER FAILURE OF THE ANC CADRE EMPLOYMENT POLICY. IDIOTS APPOINTED TO POSITION PURELY BECAUSE THEY ARE ANC MEMBERS.

Fin24 How many CEF CFO’s have been guilty of corruption, fraud, theft, or whatever you want to call it? The answer is — way too many. How many are in jail? None as far as I recall. Viva!

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