The board has received and engaged on a preliminary report

canada goose coats on sale Report implicates BMF leaders in fraudulent use of sponsorship money canada goose coats on sale

A report recently commissioned by the Black Management Forum (BMF) has uncovered alleged fraud in paid up memberships ahead of the organisation elections, taking place on Friday.

Canada Goose sale According to the confidential interim report, compiled by Mrwebi Auditors and canada goose parka uk Accountants, the organisation membership numbers in the Western Cape were inflated to account for more than a quarter of the overall paid up members almost 1 500 of them, according to the report making it the largest canada goose premium outlet province going into elections. Canada Goose sale

The report, which City Press has seen, indicates that at least eight corporate members paid R20 000 each for 26 members per company, making that canada goose outlet store toronto batch alone 208 paid up members.

However, according to two sources close to the matter, corporate sponsorships of R20 000 for the BMF Black Excellence Awards, held in Cape Town in February, were manipulated and recorded as monies for individual memberships.

cheap Canada Goose The BMF membership fee is R747 and corporate membership is R30 000. cheap Canada Goose

canada goose coats R20 000 would pay for 26 members with some change, but it is highly unlikely that all the canada goose outlet vancouver companies would pay the same amount which also happens to canada goose outlet black friday be the same as the price of each table at the event, and all have the same number of members, said a source. canada goose coats

According to the document, Vunani Fund Managers (VFM) is among the companies that paid for its members, and its spokesperson, Jacques de Bie, said the company paid R70 000 for sponsorship.

buy canada goose jacket cheap have made a payment of R70 000 to the canada goose outlet online store BMF account, as canada goose outlet ontario per the invoice canada goose outlet in vancouver provided to us. The account name, as indicated on the proof of payment slip, was made to the BMF, he said. buy canada goose jacket cheap

Canada Goose Outlet De Bie said the firm was not actively involved with the BMF but was approached to sponsor a conference about 18 months ago, which it did. Canada Goose Outlet

Canada Goose online is a member of the BMF, but is not an active member. Canada Goose online

Canada Goose Parka company was approached again this year for a similar request for sponsorship, but declined, he added. Canada Goose Parka

canada goose Investment management firm Allan Gray, which is cited as having paid R85 215 for 115 members the highest number in the province declined to comment on the matter. canada goose

Absa, which is stated to have parted with R114 000 for 153 members, confirmed that the amount was for its members and said that an additional amount was paid for an event.

canada goose clearance Said Absa spokesperson Phumza Macanda: year, Absa paid the BMF in the Western Cape a total of R134 000. Of this amount, R114 000 was for membership fees while R20 000 was for the purchase of a gala dinner table. canada goose clearance

has canada goose outlet kokemuksia more than 100 employees who are members of the BMF. Tonelli, the chief operating officer for PwC Africa which, according to the report, paid R50 000 for 26 members confirmed paying that amount but said it was as sponsorship for two tables for the event and not for BMF memberships.

canadian goose jacket regards itself as a strategic partner to the BMF and supports various initiatives by the BMF. These include sponsorship for events canada goose outlet germany like the Black Excellence Awards in Cape Town. PwC purchased two tables for the event valued at a total of R50 000, he said. canadian goose jacket

buy canada goose jacket Vodacom which, according to the report, is among those who paid R20 000 for 26 members said that although it canada goose outlet buffalo is a member of the BMF, it does not pay for individual members. buy canada goose jacket

a benefit for corporate members, Vodacom Western Cape office was approached to buy a table at the Western Cape BMF Black Excellence Awards gala dinner, said Byron Kennedy, head of group media relations at Vodacom.

secured a canada goose outlet website legit table and used it as a networking opportunity. Vodacom does not track individual membership subscriptions by staff members, as these are taken on a canada goose outlet personal level.

canada goose deals Old Mutual, which also paid R20 canada goose outlet official 000 for 26 members, avoided responding directly to the question and merely said it supported the BMF and its events. canada goose deals

Airports Company SA (Acsa) confirmed that the R20 000 it paid was for sponsorship, not a membership fee: membership can be taken up by Acsa employees as part of the sponsorship. However, this is a matter between the individual and the BMF, and we do not keep records of employees who take up membership. president Mncane Mthunzi said the organisation was aware of the issue but was awaiting a final report to be processed by an electoral committee before a special canada goose outlet uk board meeting was convened.

canada goose store He said that canada goose factory outlet vancouver unless there was a development that necessitated the meeting be held earlier, it was scheduled for next Friday morning, a few hours before elections would be held. canada goose store

canada goose black friday sale report has not been finalised. The board has received and engaged on a preliminary report. The final report will be submitted to the electoral committee. It will then be discussed at a special board meeting next Friday morning, he said. canada goose black friday sale

Mthunzi said the event, canada goose outlet near me which corporates paid for, was held in canada goose outlet store quebec February and tables were sold at R20 000 each, adding that in some instances, negotiations led to some amounts being discounted.

canada goose clearance sale He said the membership audit by Mrwebi was commissioned in August, but it was actually a regular job, effected every three years before elections. canada goose clearance sale

He denied an allegation that the auditors had requested a list of companies, with full contact details, to verify the source of bulk payments in March but that the BMF canada goose uk site had only provided the list early canada goose outlet florida last month.

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>