SABC interim board going after Motsoeneng and Aguma's pensions

The SABC interim board says the unilateral changes to the broadcasting’s policies in favour of 90% local content cost the television division R183 million in advertising revenue.

FILE: Hlaudi Motsoeneng addresses musicians and members of the media at the Milpark Garden Court on his current disciplinary process. Picture: Thomas Holder/EWN

CAPE TOWN – The South African Broadcasting Corporation (SABC)’s interim board is going after the pensions of two of its former chief executives for losses incurred as a result of their controversial local content policy.

SABC board chairperson Khanyisile Kweyama informed Parliament’s Communications committee on Tuesday that legal action had started against Hlaudi Motsoeneng and James Aguma.

The board is also trying to get back an R11 million bonus paid to Motsoeneng.

The SABC interim board says the unilateral changes to the broadcasting’s policies in favour of 90% local content cost the television division R183 million in advertising revenue.

Radio suffered losses of R29 million, figures that still have to be audited.

Further losses of R72 million were wrapped up as a result of unused foreign rights for replacing foreign content with local products.

Kwenyana says: “We’ve instructed attorneys and we’re in communication with the pension fund.”

She says the board also plans to recover money from Aguma for contracts entered into illegally.