MyZA

News, Directory, Events and Other Stuff

You are here: Home / News / Gungubele again avoids accountability, appoints cadre as Post Bank administrator

Gungubele again avoids accountability, appoints cadre as Post Bank administrator

Dear Editor

Yesterday, we learned that the Minister of Communications & Digital Technologies, Mondli Gungubele, invoked Section 71 of the Companies Act (No. 71 of 2008), removing the non-Executive Board of Directors of the South African Postbank. This after the Board resigned en masse, alleging a “hostile and oppressive” work relationship with the Minister.

This week, we witnessed disheartening scenes of SASSA recipients being turned away, travelling long distances, and standing in queues for days on end. Despite a media campaign from Gungubele and the Minister of Social Development, Lindiwe Zulu, the matter still has not been resolved.

In a joint press briefing yesterday, Gungubele alleged that the Postbank Board had preemptively resigned, following the outcome of a KPMG audit on an irregular R140 million contract. This was Gungubele’s first public utterance of a R140 million irregular contract or a KPMG audit. This is a Minister that also does not appear before the Portfolio Committee, which he is accountable to. Members of the Committee were unaware, until yesterday, of a R140 million irregular contract.

Further, after invoking Section 71, Gungubele announced that he has appointed Khaya Ngema as the Administrator of the Postbank, until a new Board is appointed. Ngema has a long history with Gungubele, from when Gungubele was Mayor of Ekurhuleni and Ngema was City Manager. If Gungubele cared for the Postbank and was truly interested in good governance, he would not have appointed a fellow cadre to run the Postbank.

We will be submitting a ‘Promotion of Access to Information’ (PAIA) application to the Department of Communications & Digital Technologies on the alleged investigation into the R140 million contract and the KPMG audit detail to be revealed. We will also seek records of Gungubele’s engagements with the former Postbank Board to investigate their allegations lodged against him.

The Minister also has the opportunity to present himself before the Portfolio Committee he accounts to, where he can provide a detailed account on this matter and face the necessary scrutiny.

Regards

Natasha Mazzone MP
DA Shadow Minister of Communications and Digital Technologies

Category: Tag:

If you feel strongly about this article then feel free to send MyZA a ‘Letter to the Editor’ using the submission form below:

Letter to the Editor

This field is for validation purposes and should be left unchanged.
If this is in response to an article please include that article title here or as the lead in for the first paragraph of your Letter below.

Separate tags with commas

Localise your letter by naming the city your words are about. Add relevant words describing your subject. Single comma separated words of no more than 5
Your Name(Required)
Your Name will be linked to the website below.
Your personal, business or social media web site
Choose NO to not set up a user account on MyZA. User Accounts will allow you to submit letters under your own Author Name

3 Latest Letters to the Editor:

  • Thoughts on Lotto Winner News

    Dear Editor This is fantastic news for the community of Gqeberha. It is always heartwarming to hear about such life-changing positive outcomes for everyday people. Congratulations to the lucky winner! Regards Buhle Ngcobo In Response to/From: R8.5 Million Lotto Winner Claims Prize in Gqeberha

  • Inquiry Regarding SASSA Card Replacement

    Dear Editor I am a social grant recipient and need guidance on swapping my SASSA Gold Card for the Postbank Black Card. Please assist. Regards Buhle Ngcobo In Response to/From: Minister Tolashe assures smooth transition to Postbank Black Cards for grant beneficiaries Swapping your SASSA Gold Card for the new Postbank Black Card is a…

  • Congratulations to the Lotto Winner

    Dear Editor Dear Editor, I was thrilled to hear about the R8.5 million Lotto win for the community of Gqeberha. Such life-changing news brings hope and excitement to everyone in the area. I congratulate the winner and wish them all the best with their prize. May this bring positive change to their life and the…

Reader Interactions

Comments

  1. At the end of the school year and a mother asked his son if the exam questions were difficult. And he answers her saying “They weren’t bad at all,” it was the answers that gave me all the trouble.

  2. I know that this is off-topic so I will just jump right in and say that MyZA Directory has been great for my business.