BBC wants its missing million

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The Black Business Council (BBC) relieved two of its top three officials of their duties this week in relation to a R5m donation from the Airports Company SA (Acsa) that never found its way into the organisation’s coffers.

The BBC also seems set to lay fraud and theft charges against a fundraiser, who claims he accidentally paid R5m destined for the BBC to another, unnamed client.

The BBC’s lawyers have written a letter of demand to the now former fundraiser, Dominic Ntsele, demanding this money.

Ntsele claims it is all a misunderstanding and that the R5m was accidentally paid to another client. He has admitted the error and agreed to come up with the cash, he said.

He told City Press on Friday that he was working as a fundraiser for the BBC as well as another organisation, whose name he would not divulge, saying it would not be fair to “embroil” them.

“I approached Acsa on behalf of two organisations asking for the same amount – R5m for each,” he told City Press.

The BBC was evidently completely unaware of this because it approached Acsa itself to get funding for a golf day it was planning in August, only to be told that Acsa had already given money to the council.

According to Ntsele, Acsa CEO Bongani Maseko agreed to both R5m sponsorships – and the money was to be paid to an intermediary, which would relay it to the BBC and Ntsele’s other client.

Acsa, however, denies that Ntsele was involved.

“No. Our support for the BBC was not based on any representations made by Mr Ntsele,” Acsa said in an emailed response to questions from City Press.

The company did confirm that it made a R5m donation to the BBC “to fund its Economic Transformation Advocacy Programme”.

“The donation of R5 million was paid in two tranches of R2.5m each,” said the Acsa representative.

“The sponsorship tranches were paid on April 25 and May 31 on the basis of bank account details provided by the BBC.”

This contradicts Ntsele’s account.

He claims to have had a written mandate from BBC president Danisa Baloyi to represent the council after having negotiated a fundraising role with the organisation last year.

In a related development, a group of BBC stalwarts are to take over the work of BBC chairperson Sello Rasethaba and secretary-general George Sebulela, according to a set of resolutions by the BBC’s national executive committee seen by City Press.

It is not clear why the two are affected as the allegations centre on Ntsele, while Rasethaba and Sebulela were, in fact, tasked with investigating the missing money, according to sources in the BBC.

Ntsele claims that the idea was that the next R5 million from Acsa would go to the BBC.

NEC RESOLUTION ON THE ACSA DONATION

City Press has seen messages exchanged in a WhatsApp group of BBC stalwarts after they held meetings this past week.

A member of the group, Sathie Gounden, told City Press via SMS that the matter was “sub judice” and he could not discuss it.

Another BBC stalwart, Tommy Oliphant, said a meeting had been scheduled for Friday afternoon.

A national executive committee (NEC) resolution, circulated among the stalwarts this week, “recommended that Dr Baloyi ... lay fraud charges against Mr Dominic Ntsele, the fundraiser for the letter purported to be from Dr Baloyi to ... Mr Bongani Maseko, dated March 29 2017”.

Ntsele told City Press that Baloyi had written a letter to Acsa, vouching that he does represent them as a fundraiser.

The resolutions seen by City Press also “instructed Ms. Sindi Mzamo, the treasurer-general, to lay charges under The Prevention and Combating of Corrupt Activities Act 12 of 2004, or related legislation, for the theft of BBC funds”.

It goes on to state that the stalwarts should “take control of all tasks assigned to the chairman and secretary-general as per the extracts of the minutes as well as prior instructions and other resolutions.

A source said this is a kind of “soft suspension” for the two leaders until they answer to allegations.

“Nobody has been suspended,” said Oliphant.

City Press tried to contact everyone mentioned in this article for comment, but not all of them responded.
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https://m.fin24.com//Economy/South-Africa/bbc-wants-its-missing-millions-20171126-2
 
Nothing dodgy here:

- Why is BBC using middle men to raise funds ?
- 5 millions for a golf day ?
- We learn that a SOE is basically wasting 10 millions to fund golf days instead of giving this money to its shareholders.
 
BBC to push radical economic transformation agenda

The Council’s president Danisa Baloyi says they will push for radical economic transformation to be taken seriously.

“We’re pushing for that because we believe it will help growth in this country. There’s no point in us complaining that there’s no growth when we still leave the majority of our people outside the economic sphere.
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Who then goes on to steal all the money intended for those outside of the economic sphere.

Weapons grade stupidity. Don't stare directly at it.

U6SuIrv.gif
 
Solarion said:
BBC to push radical economic transformation agenda



Who then goes on to steal all the money intended for those outside of the economic sphere.

Weapons grade stupidity. Don't stare directly at it.

U6SuIrv.gif
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Dumb as can get.. "growth in this country".. we need investors not "radical economic transformation". They didn't get the memo, the economy is seeing it's ass with JZ... there is going to be nothing to transform in a few years time...
 
Danisa Baloyi lied about having a PhD. She was fired from the Absa board and at least one other.
 
SoTrue said:
Danisa Baloyi lied about having a PhD. She was fired from the Absa board and at least one other.
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And involved in the Fidentia scandal thanks to which she was forced to step down as Chancelor of Fort Hare.
 
Merit Energy???
Acsa noted that, over the past year, it had restructured its transformation strategy to support emerging black companies across seven sectors involved in its procurement. Acsa said the donation was brokered by Baloyi, and that her office specifically instructed that the money be paid to the account of Merit Energy, an intermediary.

As a result Acsa paid the R5m into Merit Energy’s account, and not the BBC’s bank account.
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Might want to lock the ACSA person up that signed off this payment as well.
 
She been suspended though.

I have to laugh at millions being accidentally paid somewhere else...
 
She now attends a conference in Turkey, representing the BBC, while being suspended.

The suspended head of the Black Business Council (BBC), Danisa Baloyi, may find herself in more hot water after she allegedly attended an international women’s event in Turkey this month on behalf of the organisation.

Baloyi and businesswoman Hawa Bibi Khan attended the inaugural International Women’s Summit in Turkey on December 10, allegedly as representatives of the BBC.

However, the council has denied authorising the trip and has vowed to investigate the misrepresentation.

George Sebulela, secretary-general of the BBC, said the organisation was in the dark about the matter. “Baloyi has not been authorised to represent the BBC at any forum or in any activity whatsoever since her suspension,” he insisted.
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https://www.fin24.com/Economy/baloyi-and-donation-friend-in-hot-water-over-trip-to-turkey-20171215
 
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