THE GOOD

Finweek English Edition - - THE WEEK -

ANC heavy­weight John Block has been sen­tenced to 15 years in jail and fined R2m for fraud and money laun­der­ing. Block, the for­mer chair­man of the ANC in the North­ern Cape and the pro­vin­cial govern­ment’s fi­nance MEC (mem­ber of the ex­ec­u­tive com­mit­tee), said he will ap­peal the sen­tence, which re­lates to the leas­ing of build­ings to the North­ern Cape so­cial de­vel­op­ment de­part­ment, Busi­ness Day re­ported. The build­ings be­longed to Tri­fecta Group, whose di­rec­tor, Christo Scholtz, re­ceived the same sen­tence. It re­mains to be seen whether Block will ac­tu­ally end up in jail, but it sends a strong mes­sage that even big-shot of­fi­cials may be held ac­count­able.

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