The South African Broadcasting Corporation’s (SABC) Interim Board recently announced that it has accepted the resignation of James Aguma as Chief Financial Officer (CFO) of the corporation. At the time of his suspension, Aguma was the Acting Group Chief Executive Officer (AGCEO).
The announcement of Aguma’s resignation was made at his disciplinary hearing on 19 July and the resignation was with immediate effect. The charges against Aguma in relation to his disciplinary hearing will therefore fall away.
The charges levelled against Aguma, amongst others were the following:
• Breach of fiduciary duties;
• Dishonesty in entering into an agreement with Lezaf and Lorna Vision;
• Dishonesty by attesting to an affidavit, in the Motsoeneng disciplinary hearing, contrary to what he told the Interim Board.
