Quote of the week

The recommendation for criminal charges is particularly applicable to Mr Anoj Singh and Mr Koko, who by false pretences led Eskom, through the officials who processed the R659 million payment, to believe that the R659 million payment was in the nature of pre-payment for coal, as was the R1.68 billion pre-payment, later converted into a guarantee, when in truth and fact they knew that the prepayment and the guarantee were needed to enable the Guptas to complete and save the sale of share transaction.

State Capture Commission Report
Volume 4, Part IV
8 July 2012

You probably haven’t read them but there’s been a rash of articles in the papers arguing that we should stop being beastly to the bankers. All right, there are a few bad apples but they do vital work for the economy. If they relocated to the Cayman Islands, we’d all be living in penury. That’s the gist. It’s a fair point. And it also applies to another all too frequently vilified group: Britain’s criminals. It’s easy to let the unacceptable actions of a few – pulling out toenails to make people hand over pin numbers, gassing guards etc – colour our judgment. But in Britain we have the finest criminals in the world. By liberating vast sums of money that would otherwise lie fallow in banks or under old ladies’ mattresses, they increase demand and help kickstart the recovery. – Simon Hoggart in The Guardian

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