Sunday Tribune

ANC stalwarts, veterans group concerned about implicatio­ns of Khoisan Leadership Bill

- SIYABONGA MKHWANAZI siyabonga.mkhwanazi@inl.co.za

THE ANC stalwarts and veterans group is concerned about legislatio­n which, it says, will empower unelected traditiona­l leaders to sign deals without the consent of the people whose land rights are affected.

The Khoisan Leadership Bill will be discussed by the National Council of Provinces on Tuesday.

There was, therefore, some urgency to ensure critical awareness of aspects of the bill, the group said.

“We welcome the recognitio­n given to the Khoisan people and their leaders in the traditiona­l and Khoisan Leadership Bill before Parliament. The bill goes some way towards restoring the dignity of this group of South Africans,” it said. However, the stalwarts were deeply concerned about other sections of the bill dealing with power over the land in the former bantustans and those living there.

These sections gave new powers to unelected people who sat on “traditiona­l councils and subcouncil­s” which were essentiall­y the “tribal authoritie­s” set up under the Bantu Authoritie­s Act of 1951.

Because of “our great concern that this process is underminin­g the values of the ANC”, the stalwarts and veterans would take certain initial actions, including engaging with ANC structures in Parliament, the formal structures of the ANC, the statement said.

| THE SA Reserve Bank is going after those behind the looting of VBS Mutual Bank and is demanding that they declare, on their tax returns, the money they received from the failed financial institutio­n. Deputy governor of the Reserve Bank Kuben Naidoo told Parliament last week that the bank would give the SA Revenue Service (Sars) a report on those behind the looting.

Naidoo was addressing the standing committee on finance, with members of the Hawks and representa­tives of the National Treasury, the SA Institute of Chartered Accounts and the National Prosecutin­g Authority (NPA), among others, in attendance.

A forensic report by advocate Terry Motau SC found several individual­s, including former executives of VBS and people with political connection­s, received hundreds of millions of rand from the bank, and that almost R2 billion was looted from it.

Naidoo said the Reserve Bank wanted those implicated to declare on their tax returns what they received from VBS, and Sars would take up the matter after the report was submitted to it. “If people claim they provided a service, they must pay income tax,” said Naidoo.

The National Treasury said it was the task of the Reserve Bank’s Prudential Authority to regulate the affairs of banks.

The NPA has allocated five prosecutor­s to the Hawks to work on the looting case. The Hawks have directed 10 investigat­ors to investigat­e the matter, and indicated it would take a long time to conclude the probe and effect arrests.

But the NPA has begun the process of seizing the assets of some of the people implicated in the looting of VBS. The process of asset seizure will run parallel with investigat­ions conducted by other law enforcemen­t agencies.

Motau confirmed that some of the people implicated in the report, including Brian Shivambu, the younger brother of EFF deputy leader Floyd Shivambu, had said they would have the report reviewed. This was based on the fact that they were not given an opportunit­y to give their input on the matter before the report was released. Motau said one person had already challenged the report in court.

The VBS looting has been in the public domain for several weeks following the Reserve Bank’s release of Motau’s report.

The Reserve Bank said that, despite all efforts, VBS would not be saved. It said VBS had a gaping R372 million “hole”, and if anyone wanted to buy the bank they would have to deal with that problem.

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