According to Veteran journalist Vuyo Mvoko, he says that SABC funds were used in funding rival TV channel ANN7, which was launched by the Gupta company TNA Media.
He was one of the few journalists who gave evidence against their former boss Hlaudi Motsoeneng.
He made this new revelation while testifying at parliament’s inquiry into whether or not the SABC’s board is fit for office.
“What SABC executives haven’t informed you about is they have allowed SABC money to be used to build a rival channel – ANN7.”
He also said that the SABC produces the TNA breakfast show, which makes millions and none of them comes back to the SABC
“Yet, the money the owners of TNA make, none of it – not a cent – goes to the SABC. From the millions they make through sponsorship, to the tables they sell at those breakfasts – they do not take any of that to the SABC except, perhaps, to the people who make things happen for them.”
“But it’s the SABC that has to pay for its [own] downfall and to build this alternative channel.”
“Those ARs [audience ratings] – if you were to ask the SABC to furnish you with that information, [it] will show you how we are bleeding, how we are ceding ground to competition.”
The hearing will continue today.