Bounty Brands' 'dodgy' dividend: R530m from doome... - Daily Maverick

The Unemployment Insurance Fund’s R1.37-billion investment in troubled consumer goods group Bounty Brands was effectively wiped out following a series of defaults on debts. But mere months before the crisis, an offshore company in businessman Gary Shayne’s Co…

It took only a week in May 2018 to move hundreds of millions of rands in public monies from South Africas Unemployment Insurance Fund (UIF) to an array of offshore entities incorporated in places lik… [+42306 chars]

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