Cosatu audit delayed

2013-11-10 14:00

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The audit firm investigating allegations of impropriety in the sale of union federation Cosatu’s old headquarters will miss the deadline to submit its report to the federation’s central executive committee (CEC) next week.

The firm, Sizwe Ntsaluba Gobodo, has told Cosatu that the murder of its lead investigator in the matter, Lawrence Moepi, has “jeopardised the chances of fulfilling this undertaking”.

This was revealed in a document circulated by Cosatu to its member unions ahead of the CEC meeting.

Moepi was shot dead in the parking lot of his firm’s Houghton offices last month. The firm promised Cosatu in September that it would present its final report at the three-day CEC meeting, which is due to start next Monday.

It is probing the sale of the old Cosatu building for R10 million last year, as well the refurbishment of the new headquarters for R12 million.

A source close to the investigation said auditors were questioning the ownership of the new building as Cosatu was renting it for about R700 000 a month to Kopano ke Matla, the federation’s investment arm that acquired the Braamfontein building last year.

But the Cosatu document reveals that both the audit firm and Charles Nupen and Petrus Mashishi – who are effectively facilitating a truce between feuding Cosatu leaders – would still report to the leaders of the federation about the progress of their work at the meeting.

Cosatu president Sdumo Dlamini said he did not know whether or not the reports would be complete. “We are eager to finish the issues and go back to the normal work of Cosatu. Does this mean there has been no progress as far as our unity work is concerned? I don’t think so,” he said.

Mankwe Sithole, Gobodo’s communications manager, said she could not comment on the Cosatu investigation because they “don’t disclose third party information”.

“We can’t release any information on the status of the work we are doing,” she said.

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