Documents show how money belonging to dependents of deceased miners was splurged by executive on costly mansion.
A pension fund boss entrusted with looking after billions of rands allegedly splurged R21 million belonging to orphans of mine workers on a luxury mansion in a security estate in Alberton, Ekurhuleni.
Invoices obtained by City Press show that, in October and November 2016, Bongani Mhlanga paid for a property at the Meyersdal Eco Estate, apparently using money from, amongst others, the Amplats Group Provident Fund, which was managed by the Bophelo Beneficiary Fund (BBF).
Amplats contracted the BBF to manage more than R500 million on behalf of the dependants of its deceased employees, most of whom were mine workers.
A beneficiary fund manages pension benefits of deceased people on behalf of their dependants.
Documents City Press obtained show that, on November 15 2016, Mhlanga instructed an employee to pay R2.3 million into the trus
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