« SAB's 'dodgy' BEE deal | Main | We remain committed to transformation - Jacob Zuma »

November 12, 2009

Rotten to the core - DBSA bosses raid coffers

THE Development Bank of Southern Africa is dishing out millions of rands in loans to private companies in which its directors own shares.



The startling news, contained in the DBSA annual report, was exposed yesterday in Parliament's standing committee on public accounts (Scopa) by IFP MP Narend Singh.

Read More

Posted by StaffWriter at November 12, 2009 10:27 AM

Comments

Post a comment

Thanks for signing in, . Now you can comment. (sign out)

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)


Remember me?