Moti, who has been leading the group for almost two decades, attributed his departure to the reputational damage caused by his arrest in Germany in 2018. Moneyweb MotiGroup ZunaidMoti
Outgoing CEO of the Moti Group Zunaid Moti has confirmed that he will be stepping aside from the role to make way for its incoming leader: former director general of National Treasury Dondo Mogajane. Moti, who has been leading the group for almost two decades, attributed his departure to the reputational damage caused by his arrest in Germany in 2018. According to Moti, the arrest and the controversy that emanated from it have limited his ability to add value to the company.
Read: Treasury chief Mogajane to leave post in June Moti arrest Moti was arrested in Germany in August 2018, after Russian authorities issued a notice accusing him of defrauding a Russian businessman. Reports of Moti’s arrest at the time also included his alleged theft of a pink diamond worth about R500 million at the time.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘It’s a step backwards’: environmental group on Kusile emissions exemptionEskom plans to construct and run ‘temporary stacks’ at the Kusile power station without the use of the flue gas desulphurisation mechanism for 13 months.
Read more »
Masiyiwa uplifts local communities through her safari lodge groupTwenty-eight-year-old Vimbai Masiyiwa is the executive director of Batoka Hospitality, the first black, female-owned safari lodge group in Africa.
Read more »
Masiyiwa uplifts local communities through her safari lodge groupMasiyiwa uplifts local communities through her safari lodge group: Twenty-eight-year-old Vimbai Masiyiwa is the executive director of Batoka Hospitality, the first black, female-owned safari lodge group in Africa.
Read more »
Facebook group of dogs that look like their ownersImagine looking like your own pet dog 😅 Check out the images of dogs and their owners CarolOforiOnECR Pets
Read more »
‘It’s a step backwards’: environmental group on Kusile emissions exemptionEskom plans to construct and run ‘temporary stacks’ at the Kusile power station without the use of the flue gas desulphurisation mechanism for 13 months.
Read more »