The chairperson of Postbank, Thobile Wonci, and several board members have resigned from the state-owned bank with immediate effect, accusing Gungubele of interference and exerting undue pressure on the board. Gungubele, however, said he had removed them. Thousands of vulnerable South Africans continue to queue for their delayed grant payouts, a public spat is playing out between the now-axed board members of the Postbank and Communications Minister Mondli Gungubele.
The chairperson of Postbank, Thobile Wonci, and several board members have resigned from the state-owned bank with immediate effect.
In their resignation letter, Wonci has accused Gungubele of interference and exerting undue pressure on the board
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