National Treasury responds to banking scandal

By BO Staff Writer The National Treasury has finally responded to the biggest scandal of the year – banks unethically meddling with the rand/dollar currency pricing. The Competition Commission has referred ABSA, Standard Bank, Investec, and 14 international banks, to the Competition Tribunal for prosecution. The flaccid statement by the Treasury, headed by Finance Minister …

Zuma must fire Gordhan – BLF

By BO Staff Writer The Black Consciousness movement, Black First Land First (BLF) says President Jacob Zuma must fire Finance Minister, Pravin Gordhan, because he serves white monopoly capital. They accuse him of being “pro-rich and pro-white!” In a statement released on Sunday, the movement said the minister was silent on the recent leaked report …

Letter to Adv Busisiwe Mkhwebane

By Jeff Koorbanally Dear Adv Mkhwebane I make reference to the letter addressed to you on the 14th, whereby I raised the concern about the sensitization of these reports. I contest, with strongest resentment, that the former Public Protector, Thuli Madonsela, should call or label our country a “State of Capture”, that’s the biggest insult …

Is the NPA captured?

By Andile Mngxitama The dramatic withdrawal of the fraud charges against Minister Pravin Gordhan has raised serious questions about the independence of the National Prosecution Authority (NPA). The State Prosecutor, Shaun Abrahams, had, just a few weeks ago, told the nation that Gordhan has a case to answer. The avalanche of responses to pressurize the …

BLF delivers letter to Pravin Gordhan demanding answers

19 October 2016 THE MINISTER OF FINANCE N/O:​PRAVIN GORDHAN PER:​HAND DELIVERY Dear Sir/Minister RE: REQUEST AND DEMAND FOR MR. GORDHAN IN HIS OFFICIAL CAPACITY TO PROVIDE ANSWERS ON MATTERS OF WHITE CAPITAL ‘STATE CAPTURE’ AND R26 BILLION STOLEN FROM RESERVE BANK. We are the Black First Land First Movement (BLF), a registered political organisation with …