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Comrades,



What are poor workers benefitting from the union investment,why those people 
earn more than their bosses(members of the Unions.How can you be a 
boss(investor) and earn less?The next thing you hear is that the Union does not 
have money.Who  benefitted/benefitting from poor members union.I suggest the 
union investment audited too.



Don't says is a wrong platform to raise this issue,poor workers are suffering 
out there,defend them komanise.  



>>> Brendan Lee <[email protected]> 2010/02/22 03:20 PM >>>

I have nothing to hide, says Vavi









Solly Maphumulo, IOL,22 February 2010







Zwelinzima Vavi, the man who called on President Jacob Zuma to

introduce a lifestyle audit, says his life is an open book.



"I want to lead by example. I have nothing to hide," he said on

Sunday.



He earns R42 000 a month and takes home R27 000. He pays R10 000 a

month bond for his Morningside, Sandton, Joburg, house.



According to a deeds registry search, the house was bought for R2.9

million, and he and his wife have a R2m bond from Standard Bank.



"I would not have been able to buy this house on my own; it was

combined income from me and my wife," he said. Vavi also gets a

housing subsidy from Cosatu.



The registry shows Vavi owns a property in Birchacres with his ex-

wife, Nikiwe, which they bought in 1995 for R150 000. It was bonded

for the full amount and is paid off.



Vavi drives an Audi A6, which Cosatu bought for him four years ago and

has no intention of changing it anytime soon.



He is not a director of any lucrative companies, but is a director of

the Cosatu-linked Cubah Properties, and non-profit organisations the

Chris Hani Institute and the 2010 Fifa World Cup Organising Committee

South Africa.



He also gets additional income of R8 000 a month from the local

organising committee as its director.



Vavi went into fits of laughter when asked about his favourite

designer clothing label, saying: "I don't wear labels. I wear African

shirts and union attire...



"To functions like the Budget speech and opening of Parliament I wear

suits."



Vavi said the principle for Cosatu was that ministers should submit to

a lifestyle audit.



"You will see the difference between a union salary and a minster's.

But ministers' salaries are relatively modest compared with those of

CEOs, who are doing heinous crime against the economy."



His son attends a former Model C school and he pays R300 a month.



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