Nigerian-born man cannot benefit from BEE Act, commission finds

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The B-BBEE Commission made findings of misrepresentation of B-BBEE status by Vicky Adey Consulting CC, the company in which Olufunsho Adebayo Ademoye holds a 40% stake, while his partner Phumudzo Muthelo holds a 60% stake.

The B-BBEE Commission says a Nigerian-born man who became a naturalised South African in 2009 does not qualify as black in terms of the law. Stock photo.A Nigerian-born naturalised South African man has been found to have misrepresented his company's BEE credentials to benefit from government tenders.

The consulting company claimed it was 100% black-owned. The commission said this was not the case as Ademoye does not qualify to benefit under the B-BBEE Act.

 

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The public policy is clear on these matters and the real beneficiaries must benefit.

PutSouthAficansFirst has long been exposing this guy long time ago, and South African media swept it under the carpet. PutSouthAficansFirst PutSouthAficansFirst

Give us the solution after the findings. Money back or what.

They came for everything now, 🤦🏽‍♂️

My first experience happens to be a failure but i never gave up cause i knew it was going to work out for me trying continuously, fortunately i'm smiling today by getting involved with peterniecy

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