Public Protector affirms Malema's complaint against former FSB boss

fin24.com

- fin24.com | 5 months ago

Public Protector Busisiwe Mkhwebane told reporters on Thursday that she directed the Financial Sector Conduct Authority to take "corrective action" against former executive director Dube Tshidi after she found he misled Parliament and used his position to protect a compromised curator.

Mkhwebane probed a string of allegations by Economic Freedom Fighters leader Julius Malema against Tshidi, including that he improperly appointed Anthony Mostert as a curator at the FSCA when it was still called the Financial Services Board. Malema’s complaint, sent to the office of the Public Protector in April of 2017, said Mostert was paid R188m in curator fees through a firm which also administered pension funds placed under curatorship.

According to the complaint, he was also paid a further R48m in legal fees.

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