Min­is­ters call for PP t o probe Trea­sury, fi­nan­cial ins titu­tions

The Witness - - NEWS -

JOHANNESBURG — The of­fice of the pub­lic pro­tec­tor y es­ter­day c on­firmed that se ve­ral min­is­ters have writ­ten a let­ter re­quest­ing that she in­ves­ti­gate the con­duct, al­leged col­lu­sion and cor­rup­tion at National Trea­sury and other fi­nan­cial ins titu­tions.

Pub­lic P ro­tec­tor B usisiwe Mkh we­bane’s spokesper­son Oupa Se­galwe said: “The pub­lic pro­tec­tor r eceived a c om­plaint against National Trea­sury, South African Re­serve Bank, Fi­nan­cial In­tel­li­gence Cen­tre, Pub­lic In­vest­ment Cor­po­ra­tion and the Fi­nan­cial Ser­vices Board.

“The com­plaint bears the names of 90 peo­ple who iden­tify them­selves as ‘ANC MPs and con­cerned South African cit­i­zens’. There are sig­na­tures next to only 49 of the name s.

“The c om­plaint will be sub­ject ed to the stan­dard process of as­sess­ment for ju­ris­dic­tion and merit be­fore a de­ci­sion is made on whether it will be in ves­ti­gated or not. ”

The lis t of minis ters r equest­ing Mkhwe­bane to in­ves­ti­gate state cap­ture in­clude Malusi Gi­gaba, Nomvula Mokonyane, Batha­bile Dlamini and D avid Mahlobo.

Ac­cord­ing to the let­ter, the en­ti­ties con­sis­tently work in a man­ner detri­men­tal to the ma­jor­ity of South Africa’ s pop­u­la­tion.

“Cur­rently, they op­er­ate in the in­ter­ests of the few in­stead of the ma­jorit y. The phrase ‘state cap­ture’ is now com­mon­place in South Africa and these in­sti­tu­tions need to be in­ves­ti­gated. They are at the heart of it, and awl ays have been.

“This same Trea­sury has not in­creased wel­fare grants any­where near in line with in­fla­tion.

“T his im­pose s fur­ther har dship on our coun­try’s most vul­ner­a­ble citiz ens.

“Scan­dalously, food in­fla­tion is even higher than gen­eral in­fla­tion,” the let ter said.

“This means grant re­cip­i­ents are not jus t get­ting slightly poorer in terms of what they can buy with their mone y, but ar e even less equipped to ful­fill their b asic needs.

“This is a tr agedy in w hat is c on­sid­ered Africa’s most de­vel­oped na­tion.”

— News24.

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