2 SABC Senior Executives Shown Door Over Secret Multimillion Rand Profit Deal

2 SABC Senior Executives Shown Door Over Secret Multimillion Rand Profit Deal

  • The SABC has sacked a chief operations officer and video entertainment group executive for not disclosing a 7.5% profit-share deal
  • They were fired following an internal disciplinary, having been suspended in February on advice from a legal firm
  • SABC's board considered an independent chairperson's report and determined to release them with immediate effect
SABC senior executives fired for concealing multi-million profit share deal
The SABC board has shown the door to senior executives accused of concealing a lucrative profit share deal. Image: Sharon Seretlo
Source: Getty Images

JOHANNESBURG — Two SABC senior executives have been given their marching orders for trying to conceal a multimillion-rand profit digital contract arrangement.

Briefly News understands the former top-level management employees are former chief operations officer (COO) Ian Plaatjies and Merlin Naicker, who, until his dismissal, served as the video entertainment group executive.

Executives sacked with immediate effect

TimesLIVE reported that SABC terminated their employment contracts immediately following a disciplinary process after they were suspended in February.

Read also

Rand strengthens against the US Dollar, South Africans have questions

Acting corporate affairs and marketing executive Mmoni Seapolelo said the SABC board had considered the findings and recommendations of an independent chairperson in a report and determined to release them both with immediate effect.

However, Seapolelo failed to disclose any further details regarding the development and the dates on which it happened.

It is understood that their dismissals were due to their alleged negligence in not disclosing a 7.5% profit-share deal with Discover Digital, the public broadcaster’s SABC+ video streaming service operator.

A City Press report then noted that the law firm Werksmans Attorneys' legal advice led to the suspensions after the SABC's internal audit of the secret profit-sharing deal concluded that the two and the head of advertising sales, Reginald Nxumalo, who resigned about the time of Plaatjies and Naicker's suspensions, had failed to act in the SABC’s best financial interests.

Read also

Springboks vs Ireland: SABC no longer to televise matches, Rugby fans indifferent

Werkmans reportedly found a prima facie case for gross dishonesty against all three.

SABC no longer to televise Springboks vs Ireland rugby matches

In related news, Briefly News reported that South Africa hosted Ireland in the first Test of an Inbound two-match series at Loftus Versfeld in Tshwane on Saturday, 6 July, after the news the SABC would no longer televise the matches.

The second clash between the world champions and second-placed Ireland takes centre stage at Hollywoodbets Kings Park in Durban on Saturday, 13 July.

According to a TimesLIVE report, the SABC announced it had reached a deal with pay-TV channel Supersport to televise the clashes last week.

Source: Briefly News

Authors:
Tshepiso Mametela avatar

Tshepiso Mametela Tshepiso Mametela is a seasoned journalist with eight years of experience writing for online and print publications. He is an evening/weekend editor at Briefly News. He was a general news reporter for The Herald, a senior sports contributor at Opera News SA, and a reporter for Caxton Local Media’s Bedfordview and Edenvale News and Joburg East Express community titles. He has attended media workshops, including the crime and court reporting one by the Wits Justice Project and Wits Centre for Journalism in 2024. He was a member of the Forum of Community Journalists (FCJ) from 2018 to 2020.

Tags: