Question NW2242 to the Minister of Finance
30 June 2015 - NW2242
Matsepe, Mr CD to ask the Minister of Finance
Whether (a) the National Treasury and (b) any entities reporting to him has paid out the remainder of any employee's contract before the contractually stipulated date of termination of the contract since the 2008-09 financial year up to the latest specified date for which information is available; if so, (i) what amount has (aa) his department and (bb) entities reporting to him spent on each such payout, (ii) to whom were these payouts made and (iii) what were the reasons for the early termination of the contracts in each specified case?
Reply:
(a) The National Treasury has not paid out the remainder of any employee’s contract before the contractually stipulated date of termination of the contract for any financial year since 2008.
(b) Yes, the following entities paid out the remainder of the employees’ contractually stipulated date of termination of contacts for the specified period;
FINANCIAL INTELLIGENCE CENTRE
|
Financial years |
(i)(bb) Amount paid on early termination? |
(ii) Names of payout recipients |
(iii) Reasons for early termination |
|
2010-11 FY |
R 35,741.50 |
Goitsimang April |
Settlement agreement |
|
R 445,677.08 |
Dineo Motsepe |
CCMA Settlement agreement |
|
|
2013-14 FY |
R 93,970.00 |
Derick Letlonkane |
Service no longer required |
GOVERNMENT EMPLOYEES PENSION FUND
|
Financial years |
(i)(bb) Amount paid on early termination? |
(ii) Names of payout recipients |
(iii) Reasons for early termination |
|
2010-11 FY |
R 1,548,217.00 |
M Ramataboe |
Board agreement |
GOVERNMENT PENSIONS ADMINISTRATION AGENCY
|
Financial years |
(i)(bb) Amount paid on early termination? |
(ii) Names of payout recipients |
(iii) Reasons for early termination |
|
2013-14 FY |
R 191,799.00 |
Mr. J. Ramatlhape |
Permanent CIO was appointed |
LAND BANK
|
Financial years |
(i)(bb) Amount paid on early termination? |
(ii) Names of payout recipients |
(iii) Reasons for early termination |
|
2011-12 FY |
R 527,769.64 |
Lehlohonolo Andrew Makenete |
Mutual agreement |
PUBLIC INVESTMENT CORPORATION
|
Financial years |
(i)(bb) Amount paid on early termination? |
(ii) Names of payout recipients |
(iii) Reasons for early termination |
|
2014-15 FY |
R 3,188,014.00 |
Confidentiality agreements |
Voluntary termination of contract |
SOUTH AFRICAN AIRWAYS
|
Financial years |
(i)(bb) Amount paid on early termination? |
(ii) Names of payout recipients |
(iii) Reasons for early termination |
|
2008-09 FY |
R 9,350,000.00 |
K Ngqula |
Seperation Agreement |
SOUTH AFRICAN REVENUE SERVICES
|
Financial years |
(i)(bb) Amount paid on early termination? |
(ii) Names of payout recipients |
(iii) Reasons for early termination |
|
2008-9 to 2014-15 |
R 4,745,571.68 |
Confidentiality agreements |
Confidentiality agreements |
SASRIA
|
Financial years |
(i)(bb) Amount paid on early termination? |
(ii) Names of payout recipients |
(iii) Reasons for early termination |
|
2010-11 FY |
R 766,800.00 |
Mr Collin Macheke |
Position became redundant after restructuring. |