The South African Clothing and Textile
Workers Union will be heading to court over stolen funds.
Investigation has been underway since 2010
of millions of rands that went missing from provident funds due to fraudulent,
negligent and criminal conduct.
Over 25 000 Sactwu members have been
affected.
Sactwu’s General Secretary Andre Kriel said
following mandate that was given to him that he must leave no stone unturned to
discover what had gone wrong.
Kriel added that secondly anyone that is
found guilty of wrongdoing during the investigation must be prosecuted to the
fullest extent.
“And finally that every single cent of the
lost monies should be restored,” said Kriel.
Furthermore Kriel said that their
investigation showed that about R400 million has either been mismanaged has
been misappropriated or just simply had been abused.
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