Dondo Mogajane resigns from all boards
The move follows allegations he accepted a R1m bribe while director-general of National Treasury
Dondo Mogajane, chair of the Government Employees Pension Fund (GEPF) and CEO of the Moti Group, has announced his immediate resignation from all his professional roles and board positions.
This follows allegations in an affidavit submitted to the Gauteng high court by convicted fraudster Tshifhiwa Matodzi, the former chair of the collapsed VBS Mutual Bank. Matodzi claimed that while serving as director-general of the National Treasury, Mogajane accepted a R1m bribe to retract a letter that instructed municipalities to stop depositing funds with the bank. Matodzi’s affidavit was submitted as part of a plea deal...
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