Pule Funeral on 'Road to 2026'
Monday, August 22, 2022 | 560 Views |
Thabo Majola PIC: KENNEDY RAMOKONE
Addressing the media recently, Thabo Majola, the group executive chair, expressed gratitude to the liquidator for believing in the group and putting in the hard work to stabilise it during a tough time.
“The liquidator made an important decision about three years ago by saving the company when it was on the verge of closing down. As the liquidator, he could have taken a decision to wind off the company and sell off the assets one by one. Fortunately, he decided to preserve the livelihoods of those who were and are employed by the company,” he said.
That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...