Joburg Property Company CEO and CFO probed for ‘wasting millions’

  • 📰 IOL
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Joburg Property Company's CEO and CFO under investigation for allegedly wasting millions of rands in Covid-19 tender scandal:

Johannesburg - The chief executive of the Joburg Property Company , Helen Botes, and her chief financial officer, Imraan Bhamjee, are being investigated for allegedly wasting millions of rand by awarding highly inflated Covid-19 cleaning and sanitising contracts to four companies with no prior experience in cleaning.

Botes allegedly negotiated prices higher than the original quotes she was given by the companies in some cases. Among concerns raised by whistleblowers were allegations that none of the four companies awarded these multimillion-rand deals should have been considered in the first place. Samwu members last week stormed the mayor’s office in an unexpected protest, which disrupted a mayoral committee meeting for nearly three hours. They demanded the forensic investigation of the CEO and CFO be halted. They accused the JPC board of “victimising” and “harassing” management.

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:

 /  🏆 46. in ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines