Black Business Council to probe missing R5m Acsa donation
The BBC has denied it suspended its secretary and chairman, but cannot explain what happened to the money
The Black Business Council (BBC) has hired auditing firm SizweNtsalubaGobodo to look into a R5m donation from Airports Company SA (Acsa), which did not make it into the business lobby group’s coffers. The BBC this week denied it had suspended its secretary and chairman, but was unable to explain what happened to the money or to account for it. The audit firm will conduct an investigation, the lobby group said in a statement released on Wednesday, to determine why a donation meant for the council was not deposited correctly into its bank account. It will also develop a strategy for avoiding such occurrences, create a new fundraising scheme and recover the Acsa donation. BBC secretary George Sebulela said: "[Acsa] has confirmed that R5m was donated to sponsor the council. It was later discovered that the Acsa donation had not been deposited into the BBC’s bank account." The BBC denied that Sebulela and chairman Sello Rasethaba had been suspended in connection with the missing money. "...
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