The FSCA says her report is 'riddled with inaccuracies' and will never survive scrutiny.
Public Protector Busisiwe Mkhwebane is seen during a press briefing at the Public Protector's offices in Hatfield, 19 December 2018, Pretoria. Picture: Jacques NellesThe Financial Sector Conduct Authority is taking the public protector report on the conduct of its erstwhile executive officer, Dube Tshidi, on review.
“The FSCA finds the report to be riddled with inaccuracies, which indicate that the public protector did not take into account any of the submissions made.” Ghavalas has turned state witness in subsequent ongoing and protracted criminal and civil court proceedings against Simon Nash, one of the alleged beneficiaries of the scheme. Nash – together with his company, Midmacor Industries – is accused of fraud, theft and various statutory contraventions.
However, Mkwebhane found that based on the information and evidence obtained during her investigation it could be concluded that there were improprieties in the nomination and recommendation of people to be appointed as curators.She also found that Tshidi failed to discharge his regulatory duty to properly manage the perceived conflict of interest between Mostert’s role as curator and the appointment of his own law firm.
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