JOHANNESBURG – Former secretary general of the South African Union Federation (Fedusa) Dennis George has been dismissed.
George is suspected to have acquired Ayo Technology shares through his company with a significant decline.
He was suspended from Fedusa in February because the investment of R4.3 billion questionable from the PIC on Come was examined in PIC Requests.
READ: Fedusa suspends Dennis George for the scandal Come on
Fedusa President Godfrey Selematsela stated that inappropriate advice in his name was inaccurate and untested.
George stated that he would communicate further through his legal representative.
The final forensic report on this issue will be released at the end of May.