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Saturday, September 21, 2024

The Department of International Relations and Cooperation has sacked its chief financial officer, Caiphus Ramashau, over the botched R118 million New York land deal, following the conclusion of a disciplinary case.

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In October last year, Dirco was rocked by allegations that it paid R18 million to acquire a prime piece of vacant land, in the US, which didn’t exist. Dirco lost the money, paid as an upfront fee, to buy the piece of land to build office space and accommodation but on a fact-finding mission to New York, carried out by MPs, they found that the piece of land did not exist.

Merentia Van Der Vent
Merentia Van Der Vent
Merentia joined the media world in 1996 and in 2001, she took her first steps in the broadcasting world. In her free time, she likes to go on adventures in the city. She also likes to learn new dances, not that she is any good at that.

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