Brand SA 'tried to silence CEO Makhubela with handshake deal' to cover up graft allegations

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Kingsley Makhubela attends "Redefining the Global Agenda" panel within TRT World Forum in Istanbul, Turkey on October 18, 2017.
Kingsley Makhubela attends "Redefining the Global Agenda" panel within TRT World Forum in Istanbul, Turkey on October 18, 2017.
Elif Ozturk/Anadolu Agency/Getty Images

NEWS

Brand SA allegedly wanted to offer an “inducement” payment of close to R1 million to its former chief executive officer (CEO) Kingsley Makhubela in a handshake deal aimed at “silencing” him about allegations against its senior executives and board members.

These revelations, City Press understands, are contained in a draft “handshake deal” that came to light after Minister in the Presidency Jackson Mthembu, who also acts as the executive authority at the entity entrusted with promoting South Africa’s image, rejected the board’s proposal to fire Makhubela.

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