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
18 January 2017

Poplak on corruption

Apartheid-era sleaze, especially during the sanctions period, ushered in a series of financial crimes of Bon Jovi ballad proportions. That billions were stolen have never been much of a secret, but nailing downright villains has always been a challenge. The uncynical view is that former finance minister Trevor Manuel and his advisors were under the impression that chasing the missing cash would destroy the delicate green shoots of the post-apartheid economy – a decision that, like so many back in those days, dispensed with justice in favour of “stability”. The more cynical view is that the ANC cut a deal with the apartheid scum, one that traded cover-ups on pre-changeover crimes for help on perpetrating post-changeover heists.

SHARE:     
BACK TO TOP
2015 Constitutionally Speaking | website created by Idea in a Forest