SIU orders former SABC boss to pay back R11-million ‘success fee’

South Africa

Johannesburg – The Special Investigating Unit (SIY) said former SABC boss Hlaudi Motsoeneng has been ordered to pay back more than R11-million that he got from the public broadcaster as a so-called success fee.

The high court has declared that payment unlawful and invalid.

The former SABC boss is expected to pay R11,5-million plus 15.5% interest backdated to September 2016.

According to the judgment, the SABC Pension Fund will have to make the payment to the public broadcaster if Motsoeneng did not foot the bill within a week.

The matter was taken to court by the SABC and SIU to challenge a decision by the previous boards to pay the former COO the money as part of an investigation into irregular transactions.

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