×

We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Papers filed in the South Gauteng High Court reveal the breakdown in relationship between Salt Employee Benefits and its former CEO but do not reveal why he left the company in 2013 SALT Employee Benefits — one of the financial service providers suing Eskom for more than R600m — has blamed its former CEO Donovan Walker for the power utility’s "unlawful" cancellation of its contract to provide financial services to its employees.Papers filed in the South Gauteng High Court reveal the breakdown in relationship between Salt Employee Benefits and its former CEO but do not reveal why he left the company in 2013. No court date has yet been set.In additional papers filed with the court Salt Employee Benefits CEO Eddie Strydom accused Mr Walker of lying to Salt’s board and stealing more than R3m from the company.However, Mr Walker has in court papers claimed that the arrangement between Eskom, Salt Employee Benefits and African Unity Insurance was fraudulent, and amounted to excessive profi...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.