Alex Matlala
3 minute read
17 Mar 2020
5:36 pm

VBS-linked official earns R100K a month on suspension. Wants R3m more to quit

Alex Matlala

Minah Maredi has been accused of investing nearly R200m irregularly in the now defunct bank, but is adamant she didn't do anything to harm a cash-strapped Limpopo municipality, which includes Groblersdal.

Minah Maredi - File Image.

A cash-strapped Limpopo municipality continues to pay the salary of a municipal manager who was suspended more than a year ago for allegedly irregularly investing nearly R200 million of municipal funds in the collapsed Venda Business Society (VBS). The manager, Minah Maredi, was suspended with pay and has been smiling all the way to the bank for 16 months, raking in R100,000 (ie, R1.6 million), while sitting idle, and she is demanding a further R3 million settlement from the municipality. The matter has now led to calls for the acting municipal manager, council speaker, and the chief whip’s heads –...