Black Business Council suspends its Head after R5 million gift goes missing

BBC President Danisa Baloyi. Picture: Twitter/@BlackBusinessCouncil

The Black Business Council (BBC) says its stalwarts are at an advanced stage of an investigation into the disappearance of R5 million.

This comes after it suspended its president, Danisa Baloyi, on Monday.

Baloyi is the only person implicated.

The Money Show’s Bruce Whitfield interviewed BBC Secretary General George Sebulela.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

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George Sebulela, Black Business Council

There is prima facie evidence [against Danisa Baloyi].

George Sebulela, Black Business Council

There’s no evidence of any other missing funds.

George Sebulela, Black Business Council

Theft and fraud [is the BBC’s concern]…

George Sebulela, Black Business Council

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