South African Ex-Treasury Boss Quits Posts Over Allegations
- Mogajane denies any wrongdoing amid unspecified allegations
- Roles include chairman of government employees pension fund
Dondo Mogajane
Photographer: Dwayne Senior/BloombergThis article is for subscribers only.
Dondo Mogajane, who previously served as head of South Africa’s National Treasury, said he’s stepped down from all roles in the corporate sector after unspecified allegations were made against him.
“Some false allegations have been made by a convicted felon and I categorically deny any wrongdoing,” Mogajane said in a statement on Monday. “Proper processes must be followed. I fully understand the consequences of these allegations. I’m humbly going to step down from all boards that I currently sit on.”