Months after burying the hatchet in protracted litigation between insurer 3Sixty Life and the Prudent Authority (PA) another battle is brewing over the regulator’s continued placement of the company under curatorship.
Western Cape regional secretary Vuyo Lufele still suspended, claims Numsa iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
Eastern Cape Numsa leaders are at the forefront of the grouping that successfully halted the union’s national conference. The union was supposed to sit for its conference on Monday but the labour court in Johannesburg stopped the conference over the suspension of 30 Numsa leaders. Those suspended include Eastern Cape chair Andile Bloko, secretary Mziyanda Twani, deputy chair Mandla Mazwayi and secretary for PE Local, Mphambukeli Mpofu.
Police have launched a fresh probe against the former CEO of a life insurance company owned by Numsa investment arm over allegation of fraud amounting to R8.5m