DEPARTMENT: PUBLIC ENTERPRISES
REPUBLIC OF SOUTH AFRICA
NATIONAL ASSEMBLY
QUESTION FOR WRITTEN REPLY
QUESTION NO.: 1040
DATE OF PUBLICATION: 25 March 2011
1040. Mr P van Dalen (DA) to ask the Minister of Public Enterprises:
(1) Whether, with reference to the internal audit report on the functioning
of Broadband Infraco that was referred to in his media statement on 15
March 2011, the report contains information regarding the awarding of
various tenders to companies that are connected to members of the Broadband
Infraco board; if so, (a) which board members are implicated in this audit,
(b) what are the names of the specified companies they are connected to and
(c) what is the monetary value of the tenders awarded to each company thus
implicated;
(2) Whether any of the implicated board members owns shares in the
specified companies; if not, what is the position in this regard; if so, in
each case, (a) how many shares do they own and (b) what is the monetary
value of the shares? NW1158E
REPLY
(1)(a-c) The Internal Audit Report does not implicate Board members for any
wrong doing, however; it refers to Board members who have interests in
companies doing business with Broadband Infraco.
The Membersâ attention is drawn to the fact that Broadband Infraco has an
approved Code of Ethics Policy that requires all Board members to declare
their interests annually and the Declaration of Interest Register is
updated quarterly by members.
Those members who have made declarations are also referred to in the 2010
Annual Report, in particular on page 71, as a note to the Annual Financial
Statements. The information is highlighted in the table below:
|Director |Percentage of |Entity |Payments Made in |
| |Shareholding | |terms of the |
| | | |Contract |
|AFB Mthembu* |0.83% |Nokia Siemens |R94Â 800Â 000.00 |
| | |Networks | |
|WT Magasa |12.8% |ZTE Corporation |R15Â 500Â 000.00 |
|C Groesbeek |100% |Scalos Investment|R1Â 300Â 000.00 |
| | |Consulting | |
*AFM Mthembu holds 100% of Imphandze (Pty) Ltd, this company holds 0.83% in
Nokia Siemens
(2)(a-b) A response is provided on the table above.