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The Minister of Commerce and Industry, Dr. Rob Davies appointed three senior officials of the Department of Trade and Industry (DTI) as Co-Trustees of the South African Bureau of Standards (SABS). June 28th after the dissolution of the SABS Board of Directors.
The co-administrators had all the powers and duties necessary for the functioning of the standardization body and remained in place from 2 July 2018 to 30 January 2019
They had also been accused of having produced a diagnostic report and a plan of action for the troubled institution.
Davies identified the directors as being: the chief operating officer of the DTI group, Jodi Scholtz; Deputy Director General, Industrial Development Division, Garth Strachan; At the end of last month, Davies dissolved the SABS board of directors with immediate effect, due to its breach of its fiduciary duties under the Standards Act and the Income Tax Act. management of public finances
. The minister said he acted after receiving numerous complaints about SABS's lack of service delivery and considering "non-persuasive" written and oral statements by board members.
He also pointed to the alleged complicity of SABS in the mining company related to the Gupta family, Tegeta
The SABS had not fulfilled its mandate, said Davies in a statement
He added that he had lost confidence in the board's ability to manage the entity. effectively.
WRITTEN BY: Creamer Media Reporter
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