Hefty R1m backdated pay hike for AG Nombembe
AUDITOR- General Terence Nombembe has received a salary increase of close to R1 million a year, backdated for more than six years.
Details of the increase are contained in a letter, dated May 23 this year, sent by President Jacob Zuma to Parliament. The letter was published this week in a parliamentary document. “The president has determined that the annual salary package of the Auditor- General Mr TM Nombembe be increased from R1 708 600 per annum to R2 650 000 per annum with effect from December 1, 2006.”
This meant Nombembe’s salary package would increase by R941 400 a year, backdated for six and a half years, a windfall of well over R6m.
The date of December 1, 2006, is the day on which Nombembe – who replaced Shauket Fakie, who retired – was appointed to the post.
The letter also announces a huge increase in Nombembe’s termination benefits. “(The) Auditor General’s termination benefit (is to) be increased from 10 percent… to 50 percent of the average term compensation for each year of service.” – Sapa