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R136m syphoned out of Daybreak Farms

MONEYWEB app instead? Scheme involved senior management, including suspended CEO and acting CFO. 11:50  Daybreak is one of SA’s leading poultry producers, processing 1.4m birds a week. Its owners include the UIF and the GEPF. Image: Shutterstock A forensic investigation into allegations of misconduct against suspended Daybreak Farms CEO Boas Seruwe has uncovered how he and other senior managers at the company were involved in a network of companies to siphon off millions of rands out ...
South Africa Kwazulu Natal Van Niekerk Boas Seruwe Magda Senekal Votelwa Majola

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