Mpofu has twelve million reasons to smile
FORMER SABC boss Dali Mpofu has sealed a deal that will see the cash-strapped public broadcaster pay him a golden handshake just short of R12 million.
Mpofu said yesterday he welcomed the multimillion-rand payout, and was in “no hurry” to look for a new job.
The settlement nets Mpofu R6.7m in terms of “contractual obligations” as well as an extra R900 000 legally due to him, while the Department of Communications will pay him compensation of R4.4m, the SABC said in a statement.
Footing Mpofu’s legal bill will cost the SABC R2m.
But opposition parties erupted in fury, with the DA saying Mpofu’s “bad management” had cost the SABC millions, while Cope said it would call for the payout to be put on ice until the Auditor-General’s probe into “questionable management practices” at the SABC had been concluded.
“While there may be good reason why the SABC interim board had to get rid of the individual at any price, we trust that this settlement will not exonerate Mpofu from executive responsibility for the financial and managerial crisis that he leaves behind,” Cope’s Phillip Dexter said.
The deal was negotiated by SABC interim board chairwoman Irene Charnley.
DEAL: Dali Mpofu.