Tue Oct 25 05:13:32 CAT 2016
Minister of Cooperative Governance and Traditional Affairs Des Van Rooyen. Picture Credit: Gallo Images
Van Rooyen suddenly withdraws his interdict

In another twist involving the public protector’s office‚ the Minister of Co-operative Governance an.

Manuel sticks to moral manual

By unknown | Oct 01, 2007 | COMMENTS [ 0 ]

Waghied Misbach

Waghied Misbach

Finance Minister Trevor Manuel will not back down on his call for Absa Bank's chief executive Steven Booysen to do the right thing and not pay bonuses to soccer bosses for landing one of the country's biggest sports deals.

Manuel's spokesman Thoraya Pandy told Sowetan yesterday that Manuel insists that Absa consider whether it is right to pay R50million commission to soccer officials for simply doing their jobs. Absa last week announced a R500million deal over five years for professional soccer.

"The minister says the ethical issue remains. These officials have been selected to serve the interests of their organisations and not for personal enrichment," said Pandy. She said the size of the commission was an issue considering the need for the development of soccer in the country.


Login OR Join up TO COMMENT