Union reportedly involved in porn deal

2012-06-16 22:12
Congress of SA Trade Unions (Cosatu) general secretary Zwelinzima Vavi says Sactwu has to find a way out of a deal in which a company it owns a stake in is trying to buy US porn giant. (File, Sapa)

Congress of SA Trade Unions (Cosatu) general secretary Zwelinzima Vavi says Sactwu has to find a way out of a deal in which a company it owns a stake in is trying to buy US porn giant. (File, Sapa)

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Johannesburg - The SA Clothing and Textile Workers' Union (Sactwu) is involved in a deal to buy a United States pornographic empire, according to a weekend report.

The Sunday Times reported that the union has a stake in Hosken Consolidated Investments (HCI), which itself has interests in a company called Longkloof Limited, who is trying to buy US porn giant New Frontier Media.

Sactwu general secretary Andre Kriel said the union's position on the deal was "simple".

"Sactwu is not getting involved in pornography... I have communicated Sactwu's position to HCI, and from there it is up to them how they process it," he said.

Congress of SA Trade Unions (Cosatu) general secretary Zwelinzima Vavi said Sactwu had to find a way out of the deal.

"You know what Cosatu's stance is on pornography. They [Sactwu] got themselves into trouble and we absolutely expect them to get themselves out of it," he said.

- SAPA

Read more on:    cosatu  |  sactwu  |  zwelinzima vavi  |  pornography
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