Fedusa puts Dennis George on precautionary suspension over AYO deal

The Federation of Unions of South Africa (Fedusa) announced on Thursday morning that it had placed its general secretary, Dennis George, on precautionary suspension.

George had been placed on special leave on February 6.

“This decision comes in the wake of allegations relating to the acquisition of shares in technology company, Ayo Technology Systems,” said the federation.

“In remaining steadfast to the principles of accountability, and the continued promotion of good, clean, ethical governance, Fedusa initiated an independent, external investigation to determine the veracity of the allegations. The investigation remains ongoing.”

George previously denied any wrongdoing to media after he was placed on special leave, saying he was only facing “allegations” and had already answered questions put to him by the federation.

READ MORE: Fedusa secretary implicated in dodgy PIC deal suspended

“I have answered some of the questions I have been asked… they [Fedusa] have a right to conduct the investigation as required by the law. But I must state these are just allegations. They are baseless,” he said on February 6.

Ayo Technology Solutions has been under the spotlight at the judicial commission of inquiry into state-run asset manager the Public Investment Corporation (PIC). George is an independent member of the Ayo board.

Earlier in the week the Companies and Intellectual Property Commission ordered the PIC to recoup its R4.3-billion investment in the company. — Fin24

External source

Hlophe complaint is an eerie echo

But the new complaint against the Western Cape judge president is also unprecedented

Mabuza contract grows by R10m

Eskom’s negotiators in a R100-million maintenance contract came back with a proposal to push up the costs

‘There were no marks on his neck’, Neil Aggett inquest...

The trade unionist’s partner at the time he was detained at John Vorster Square says she now believes his death was not a suicide

Press Releases

Boosting safety for cargo and drivers

The use of a telematics system for fleet vehicles has proved to be an important tool in helping to drive down costs and improve efficiency, says MiX Telematics Africa.

Silencing the guns and firearms amnesty

Silencing the guns and firearms amnesty

Gender-based violence is an affront to our humanity

Gender-based violence is an affront to our humanity

UK-Africa investment summit 2020: Think Africa Invest SA

UK-Africa investment summit 2020: Think Africa Invest SA

MTN unveils TikTok bundles

Customised MTN TikTok data bundles are available to all prepaid customers on *136*2#.

Marketers need to reinvent themselves

Marketing is an exciting discipline, offering the perfect fit for individuals who are equally interested in business, human dynamics and strategic thinking. But the...

Upskill yourself to land your dream job in 2020

If you received admission to an IIE Higher Certificate qualification, once you have graduated, you can articulate to an IIE Diploma and then IIE Bachelor's degree at IIE Rosebank College.

South Africans unsure of what to expect in 2020

Almost half (49%) of South Africans, 15 years and older, agree or strongly agree that they view 2020 with optimism.