Sunday Independent reports that the SA Broadcasting Corporation (SABC) is facing lawsuits to the value of R1.3 billion as it buckles under the pressure of a cash crunch.
The public broadcaster reported in its financial statements that the civil claims were from individuals and entities in respect of a number of disputes. The Government Employee Pension Fund (GEPF) has filed the biggest lawsuit, for R760 million, over a lease deal that went sour. The SABC has also been sued for R185m by a bidder over a contract awarded to another company. Another broadcaster has filed a civil claim of R30m against the SABC over the termination of a contract. In other claims, the SABC is being sued by former employees for breach of contract. On the GEPF lawsuit, the SABC indicated in the report: “Legal proceedings are ongoing and the matter was set down for trial on July 31, 2019.”
- Read the full original of the report in the above regard by Siyabonga Mkhwanazi at Sunday Independent
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