Hlaudi with a chance of accounting

25 October 2016 - 08:23 By BONGANI FUZILE
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Former COO Hlaudi Motsoeneng will not be called to testify in front of Parliament’s ad hoc committee on the SABC board inquiry.
Former COO Hlaudi Motsoeneng will not be called to testify in front of Parliament’s ad hoc committee on the SABC board inquiry.
Image: ALON SKUY

SABC boss Hlaudi Motsoeneng said he was happy the public broadcaster had lost R411-million in the past financial year.

Speaking at the TruFM Tru Talent Search at Hemingways Casino in East London yesterday, Motsoeneng said losing millions was not a loss because the institution was not for making a profit.

Acting SABC CEO James Guma, presenting the broadcaster's annual financial performance earlier this month, said the SABC recorded a R411-million loss in the past financial year, up from a R395-million loss in the previous year.

  • Dodgy SABC studio deal back on trackThe SABC has quietly revived a R44-million suspect television studio deal that was allegedly orchestrated by Hlaudi Motsoeneng last year.

Motsoeneng said: "The SABC is not a profit company. Ours is to sustain business, pay our workers, pay service providers and if we see you are a black person, and you don't have money to start your business, we give you money.

"Today they are saying at the SABC we got a loss of R411-million. For me, I am very happy. For me that is not a loss, we've invested in black people."

He said the SABC did business with many big companies, many of which were based outside the country.

  • COPE lays criminal charges against HlaudiCongress of the People (COPE) has laid corruption and fraud charges against the controversial former chief operating officer of the SABC‚ Hlaudi Motsoeneng.

Motsoeneng said these companies should make a contribution to the #FeesMustFall campaign.

"You [businesses] need to contribute 1%, before we can do business with you, for students."

On state capture, Motsoeneng said many companies had been capturing the government for a long time.

"Big companies don't want small emerging companies to grow."

Motsoeneng said the SABC wanted production houses across the country so young, up-and-coming artists could get a platform. He was tired of programmes such as Dr Phil on SABC3, he said.

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