The Democratic Alliance on Monday laid charges against convicted fraudster Schabir Shaik after reports that he is still listed as a director of a company that was involved in South Africa’s arms deal.
DA federal chairperson Wilmot James laid the charges at the Johannesburg Central police station, said DA spokesperson Kelly Miller.
The charges were laid against Shaik as his alleged directorship after a fraud conviction was in breach of Section 218 of the Companies Act.
The DA wanted the matter investigated by the police.
The Sunday Times reported that Shaik was listed as a director of KobiProp, previously a subsidiary of the Nkobi Group, which was fined for corruption during Shaik’s fraud and corruption trial, which ended in 2005.
According to the Companies Act someone found guilty of theft, fraud, forgery, uttering a forged document or corruption cannot hold a directorship.
Shaik is the sole “active” director of KobiProp, according to the Companies and Intellectual Property Registration Office.
“As far as I am concerned I had signed all the necessary company resignation documents and would have expected that between the company’s internal accountants and auditors, this secretarial matter would have been resolved,” Shaik was quoted saying.
Shaik’s lawyer Reeves Parsee told the Sunday Times: “He [Shaik] said he had given his accountants instructions to resign himself from KobiProp. He doesn’t know why this hasn’t been reflected.”
Last year it emerged that former ANC chief whip Tony Yengeni was a director of six companies, despite a corruption conviction. — Sapa