Parliamentary Question: DoDMV:

1580

Mrs D A Schäfer (DA) to ask the Minister of Defence and Military Veterans:

Whether any member of the Armscor Board made disclosures in terms of section 14(1)(a) of the Armaments Corporation of South Africa, Limited Act, Act 51 of 2003, (a) in (i) 2009, (ii) 2010 and (iii) 2011 and (b) since 1 January 2012; if not, in each specified case, what is the position in this  regard; if so, in each specified case,
(aa) what is the name of the member, (bb) on what date was the disclosure made and (cc) what are the relevant details in each case concerning the conflict of interest?                           

APPENDIX A

 

 

 

 

No.

 

 

YEAR 

 

DISCLOSURES

 

 

IF NOT, POSITION

 

 

 

DATE, NAME AND RELEVANT DETAILS

 

 

WITHDRAWAL

1.       

In 2009

None

There were no related party acquisition transactions

 

N/A

N/A

2.       

In 2010

Yes

N/A

On 02 June 2010, Dr P S Molefe declared his interest as non-executive director of Protea Technologies, the holding company of Protea Electronics (Pty) Ltd which was the recommended supplier

 

Dr Molefe withdrew from the meeting

 

 

 

3.       

 

In 2011

Yes

N/A

On 19 April 2011, both the Acting Chief Executive Officer and Chief Financial Officer declared their interest as non-executive director of Armscor Defence Institutes, a subsidiary of Armscor

 

Both the Acting Chief Executive Officer and Chief Financial Officer  did not withdraw from the meeting, as their interest is nominal

4.       

Since January 2012

None

There were no related party acquisition transactions

 

N/A

 

N/A