Johnathan Paoli
The DA has written to the chairperson of the Portfolio Committee on Employment and Labour, Lindelwa Dunja, requesting that Minister Thulas Nxesi appear before the committee, following reports on the R5 billion investment in the Thuja Capital Fund by the UIF intended for a job creation scheme.
DA Shadow Minister of Employment and Labour Michael Cardo said that despite details of the transaction allegedly rushed through by the Department of Employment and Labour Director-General Thobile Lamati and UIF Commissioner Teboho Maruping being leaked to the press, Minister Nxesi has failed to fully disclose details of the investigation.
Nxesi previously ordered a judicial review of the controversial award, with a view to setting aside the award, which was decided upon without due diligence.
The fund was intended to invest in established companies and influence them to train and employ more people. However, it was discovered that Thuja Capital Fund
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