Lawyer says Black Business Council knows where the missing millions are

The Black Business Council (BBC) on Tuesday confirmed the suspension of its president Danisa Baloyi after R5 million in donations went missing.

The money was a donation to the business organisation from the Airports Company South Africa (Acsa).

Black Business Council secretary-general George Sebulela says they do not know where the money is but it was certainly not received by the BBC.

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

Acsa donated money that was supposed to be paid into the BBC's bank account but unfortunately we did not receive it.

George Sebulela, Black Business Council Secretary-General

What we know is that the money was diverted into an account that doesn't belong to the BBC.

George Sebulela, Black Business Council Secretary-General

Sebulela says BBC made a decision that the president be suspended pending an investigation on the matter but that doesn't mean that she is guilty.

The president of BBC is not guilty until proven otherwise.

George Sebulela, Black Business Council Secretary-General

The lawyer representing Danisa Baloyi, Lesley Ramulifho, says the BBC knows very well where the money is and he doesn't understand why they are going after his client.

He says there is an individual who was appointed by the BBC to handle their fundraising, Dominique Ntsele.

As it stands now my client denies any wrong doing and she is cooperating with the ongoing investigations.

Lesley Ramulifho, lawyer representing Danisa Baloyi

This is a simple thing. It is known where the money is so take the necessary legal route or an arbitration if necessary...

Lesley Ramulifho, lawyer representing Danisa Baloyi

To hear more on the missing millions, listen here:


This article first appeared on CapeTalk : Lawyer says Black Business Council knows where the missing millions are


Recommended

by NEWSROOM AI
Read More
Black Business Council suspends its Head after R5 million gift goes missing

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

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

'They find it difficult to work with black people' - George Sebulela (BBC)

'They find it difficult to work with black people' - George Sebulela (BBC)

The Black Business Council is quitting Business Unity South Africa, after 23 years of partnership and dialogue.

Banking Association of SA relieved that Fica Bill is finally signed into law

Banking Association of SA relieved that Fica Bill is finally signed into law

President Jacob Zuma on Saturday signed the Financial Intelligence Centre Amendment (FICA) bill into law, the presidency said.

Ramaphosa defining the issues on which he will run for ANC presidency - Munusamy

Ramaphosa defining the issues on which he will run for ANC presidency - Munusamy

Deputy President Cyril Ramaphosa has begun to set his main campaign targets in the leadership battle for the ANC's presidency.

Picking apart Ramaphosa's strong words on 'radical economic transformation'

Picking apart Ramaphosa's strong words on 'radical economic transformation'

Deputy President Cyril Ramaphosa told detractors of radical economic transformation to sit down. Karima Brown gives her analysis.

"Ramaphosa needs to start campaigning now (if he wants to win)"

"Ramaphosa needs to start campaigning now (if he wants to win)"

Prof Mcebisi Ndletyana says Deputy President Cyril Ramaphosa is running out of time for the ANC presidential campaign.

Popular articles
Africa State of Mind: 'My dream is to be global' -  Sho Madjozi

Africa State of Mind: 'My dream is to be global' - Sho Madjozi

In this episode of Africa State of Mind, Lee Kasumba chats to South African rapper Sho Madjozi about her upbringing, and rise to fame.

'Love your vulva the way it is' - Designer vaginas are dangerous, warns Dr Eve

'Love your vulva the way it is' - Designer vaginas are dangerous, warns Dr Eve

So-called 'designer vaginas' are created through various surgical or non-surgical procedures, explains clinical sexologist Dr Eve.

'Shutdown of Ndalo Media is no surprise and is a blow to media diversity'

'Shutdown of Ndalo Media is no surprise and is a blow to media diversity'

The company will reportedly shut its doors in January 2019.

'Cyril is the most popular president since Nelson Mandela'

'Cyril is the most popular president since Nelson Mandela'

Author Max de Preez weighs in on where SA would be if Jacob Zuma was still president and the impact of Ramaphosa now.

Kidnapping for ransom on the rise in Gauteng

Kidnapping for ransom on the rise in Gauteng

Gauteng MEC for Community Safety Sizakele Nkosi-Malobane says kidnapers are out to get a ransom from desperate parents.

Here is what to do if you're affected by driving licence backlog

Here is what to do if you're affected by driving licence backlog

The WC Traffic Department has made provisions to cater for motorists affected by the backlog with the issuing of driving licences.

[WATCH] Internet search for talented singer Nosipho is over...she's been found!

[WATCH] Internet search for talented singer Nosipho is over...she's been found!

Khabazela shares tweets and Facebook posts that have gone viral.

'Evidence is solid. Poor people’s money was used illegally. Shivambu benefitted'

'Evidence is solid. Poor people’s money was used illegally. Shivambu benefitted'

Ray White interviews Pauli van Wyk, an investigative journalist with Scorpio at Daily Maverick.

'I thought he was going to rape me' - Ellen Pakkies on killing drug addict son

'I thought he was going to rape me' - Ellen Pakkies on killing drug addict son

'Ellen' The Ellen Pakkies Story, premiers in cinemas on Friday.