SABC CEO tells inquiry of ‘dire situation’ after years of problems
Madoda Mxakwe tells the state-capture inquiry the SABC is technically insolvent, overburdened by staff salaries, and drowning in irregular expenditure
03 September 2019 - 14:42
SABC CEO Madoda Mxakwe says his team inherited an organisation in financial ruin stemming from years of disregard for internal controls and governance processes.
Testifying at the state-capture inquiry on Tuesday, Mxakwe described a dire situation at the public broadcaster, which is technically insolvent, overburdened by staff salaries, and drowning in irregular expenditure...
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