Satawu was used as a conduit to launder about R65million in pensions allegedly plundered from improvished orphans of deceased mine workers. City Press can today reveal that Bongani Mhlanga, the erstwhile owner of financial services group Mvunonala, allegedly used the SA Transport and Allied Workers’ Union (Satawu) as a conduit to move pension funds into..
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R65m laundered through one of SA’s biggest unions – deceased mine workers pensions plundered by Satawu
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R500m taken from the poorest of poor in SA – pension fund boss splurged R21 million of Amplats Group Provident Fund, belonging to orphans of mine workers, on luxury mansion
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Documents show how money belonging to dependents of deceased miners was splurged by executive on costly mansion. A pension fund boss entrusted with looking after billions of rands allegedly splurged R21 million belonging to orphans of mine workers on a luxury mansion in a security estate in Alberton, Ekurhuleni. Invoices obtained by City Press show..
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