Gi­gaba ‘sti­fling good gov­er­nance’ – Molefe


PAS­SEN­GER Rail Agency of SA (Prasa) board chair­man Popo Molefe yes­ter­day ac­cused Fi­nance Min­is­ter Malusi Gi­gaba of with­hold­ing a Trea­sury nom­i­nee to his board and sti­fling cor­po­rate gov­er­nance at the state en­ter­prise.

Molefe, who was re­in­stated as board chair­man fol­low­ing a court chal­lenge, claimed it was clear at­tempts were be­ing made to iso­late him im­me­di­ately af­ter the ap­point­ment of Gi­gaba and new Trans­port Min­is­ter Joe Maswan­ganyi.

“They called non-ex­ec­u­tive di­rec­tors one by one so I re­main alone, be­cause when I am alone, there will be no board to take de­ci­sions.

“Now there are four of us, we are sup­posed to be six and in­clude the nom­i­nee from Trea­sury and another from the De­part­ment of Trans­port,’’ Molefe told del­e­gates to the Con­fer­ence for the Fu­ture of SA, or­gan­ised by the Ahmed Kathrada Foun­da­tion and Save SA to stop state cap­ture.

“Th­ese two min­istries have with­held the two nom­i­nees so the board, which re­quires six peo­ple to cor­re­late, must not have a quo­rum.’’

Molefe said he was “sur­prised’’ by Gi­gaba’s state­ment on good gov­er­nance last week, when the min­is­ter an­nounced his 14-point plan pro­jected to save the coun­try’s ail­ing econ­omy.

“I lis­tened to him speak­ing at the JSE say­ing he wanted good, ef­fi­cient state en­ti­ties and good gov­er­nance, while he is with­hold­ing a nom­i­nee who should be on the board of Prasa to do its work.

“The board can­not fi­nalise its work be­cause there is no quo­rum,’’ he said to ap­plause. – ANA

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