Where is the transparency we brag about?
The VBS saga proves there are different rules for different people, writes
Theo Roelofsz.
Will it be racist if I ask if the outcome of the VBS saga would have turned out the same had the majority of depositors been Indian, coloured or white?
The Sarb governor-general read on his two teleprompters that regulators do not tell banks how to bank. That is left to the boards, executives, managers and auditors and the fraudsters are known.
Names cannot be identified as confidentiality must be “respected”. This after the question by journo Sikonathi Mantshasa whether the loan to Zuma for Nkandla was honoured or not.
So where is the transparency that we all brag about?