ROBBING PETER (GEPF) TO SAVE PAUL (POLITICIANS) WHO WAS ROBBED TOO. Solidarity trade union has uncovered the reason why PIC approved an obviously fraudulent transaction. They called it right, watch this space. The massive R586 million overpaid by the State monopoly managing the pension fund for government workers (GEPF), the Public Investment Commissioner (PIC), has incriminated themselves and broken all ethics and codes of conduct, such a body should adhere to, when they tried to bailout the bankrupt municipal councillor’s pension fund, the majority of whose members are ANC councilors, it now seems.
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BUSTED! Massive R568 Million PIC Plundered From Government Workers Pension For Bare Land, Was To Save Bankrupt Pension Fund For Politicians!
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ANC Regime Are African Tinpot Despots: Pension Fund Plunder Makes R556 MILLION “Profit” on Unused Bare Land in Klerksdorp! The Facts:
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LAND DEAL OF THE CENTURY: We just can’t stop the ANC regime which has captured South African government institutions, to use as personal cash machines, running the country like African tinpot despots. The capture and crookedness, the famous #AfricanWay, is just too deep seated. Ramaphosa is sitting on the findings of the Mpati commission for several months now while the PIC, which runs the Government Employee’s Pension Fund GEPF), paid 28 times the going rate for a piece of of bare land which was bought by a fraudulent Klerksdorp developer, Isago@N12 Development, for only R20 million.
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#TheBlackFigLeaf To Excuse Corruption, Hide Black Incompetence & Plunder SOE’s! How Nontsasa Memela Used “Transformation” To Plunder SAA!
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When Zuma said “corruption” is a European word, he meant corruption itself in African culture is normal & OK, it is just Europeans who choose to make it a bad thing. At SAA, like everywhere else, they did it #TheAfricanWay. The truth is, wide scale corruption was revealed at SAA before the Zondo commission. It seems wherever there was a black man or woman in charge of anything, there was theft, fraud & corruption.
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#CelebrityDespots Why Do Black Eskom Workers Love Brain Molefe, Who Helped Guptas Plunder Transnet & Put Eskom R450 BILLION in Debt & Was Paid R2 Million a Month Pension?
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AFRICANS LOVE THEIR DESPOTS: Black Eskom Workers who are members of the Government Pension Scheme and the powerful COSATU trade union, are allowing (unwittingly or not) Cosatu to allow the ANC regime to grab R254 Billion from their own pension fund, the GEPF, and they even supported Brian Molefe, ex Eskom CEO, who helped the Guptas put Eskom into R450 Billion debt, with song and dance!
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#StateCapture 2.0: Ex SA Ambassador To Italy, Tembi Tambo, Oliver Tambo’s Daughter, Linked to Government Pension Fund Plunder! PIC Pays 28 Times More Than Market Price For Bare Undeveloped Land!
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Down The Corruption Rabbit Hole: In yet another shocker for members of the Government Employee’s Pension Fund, it has been revealed that The Public Investment Commissioner (PIC) has “invested” in land, on their behalf, for R570 525 per hectare in Coligny where the average price per hectare is less than R20,000! The ex SA Ambassador to Italy, Tembi Tambo (pictured), daughter of Oliver Tambo, is a representative of @Isago, the company benefiting from this highly questionable transaction.
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#StatePlunder No Surprise That Arrogant Municipal Manager of Small Bankrupt Free-state Municipality Gets Paid R2.9 MILLION Per Year, Yet Bankruptcy Administrator Was Also Involved in Gupta Corruption at Estina Dairy!
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The small bankrupt municipality in the Free-State which is still under administration has still managed to pay a municipal manager R2,9 million a year for 2 years, making him the best paid government official in South Africa! However his position was defunct as a Bankruptcy Administrator had been appointed, it seems, only to plunder the public coffers even more, as this “Administrator”, Moses Moremi was the one who signed the 99 Year lease to give the Gupta’s a rent free farm for the Estina Dairy scam!
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US Treasury impose huge sanctions on the Guptas that will cause the brothers’ business operations to be severely curtailed not to mention the possibility to be jailed for state capture
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Chickens are coming home to roost in all corners of the globe for the Guptas. The US Treasury have essentially “excluded” them from their financial system. Some huge breaking news is reaching us from the USA. The Gupta brothers are under heavy pressure after the US announced that it is imposing sanctions on the family,..
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Agrizzi, who testified about State Capture and allegations of corruption, bribery and tender fraud, still has the ax above his head and will be subject to cross-examination
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Former Bosasa executive Angelo Agrizzi is back in front of the Zondo Commission after spelling out numerous people’s offenses during his testimony. The Zondo Commission, which costs the country millions of rand from the state treasury, has been running for months longer than initially approved, and will, according to informed sources, continue its investigation for..
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VIDEO: Jacob Zuma Still Can’t Count! Is Zuma Deliberately Fumbling To Avoid Questions at Zondo Commission?
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A new Jacob Zuma fumbling video has gone viral of him battling his number one enemy – numbers! It is an embarrassing yet well known fact that numbers are former president Jacob Zuma’s number one enemy. A video of the politician fumbling over digits at the State Capture Inquiry has gone viral.
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The African Way: Vrede Milk Farm Was Just Another Opportunity For Estina and Guptas To Steal and Fleece Taxpayers
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The Zondo Commission of Inquiry into State Capture resumed today following evidence on the controversial Estina dairy farm project in the Free State city of Vrede. The Estina Group, which held a 49% stake in the Vrede Milk Farm, was supposed to contribute R228m to the controversial project but this never happened, and the so-called Estina Milk Farm Project’s multi-million Rand venture could thus never be sustainable and probably was never meant to be.
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Public Protector Mkhwebane does a Hlaudi: ‘Only God can remove me’ – her utterances and general approach have left a bitter taste in the mouths of South Africans
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The Public Protector of South Africa, Busisiwe Mkhwebane, has remained defiant in the face of staunch criticism, claiming that her position of power and influence is sanctioned by God. It’s been an admittedly turbulent year for the Public Protector’s office. Numerous reports and orders of remedial action, concerning highly politicised controversies, have been challenged in..
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Nedbank pockets R780m from the parastatal Transnet -Nedbank is the latest in a long list of private sector companies to be implicated in state capture
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The banking sector will be rocked by allegations of corruption this week, when Transnet tells the commission of inquiry into state capture about Nedbank’s involvement in a controversial deal which saw the bank pocket R780 million from the parastatal. This week, Transnet’s acting chief executive, Mohammed Mahomedy, will appear before the state capture inquiry where..
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SARS have found their bite: It’s reported that Commissioner Edward Kieswetter will be chasing top ANC and Bosasa officials, but can he be trusted because Jacob Zuma is on his radar
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After the marathon testimonies delivered at the State Capture Inquiry by various Bosasa officials, it seems like the time for talk has concluded. According to the Sunday Times SARS are now primed and ready to go after the illegal beneficiaries of the security services’ bribery operation, and Jacob Zuma could well be on their hitlist…
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Ramaphosa may head to the Zondo commission ‘hot seat’ to testify, will he pitch or hide, maybe his skeletons will come out the wardrobe
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President Cyril Ramaphosa will “probably” take the stand when the ANC finally gets its chance to make submissions before the Zondo commission of inquiry into state capture. This is projected to happen sometime next year, towards the end of the hearings. So says ANC treasurer-general Paul Mashatile. Speaking to City Press on the sidelines of..
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The newly-appointed National Prosecuting Authority boss, Shamila Batohi assembles state capture team to fast-track prosecutions, how long are you going take to ‘solve this mystery’
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Shamila Batohi makes the first move in attempting to stabilise South Africa’s prosecuting authority. Shamil Batohi, the National Prosecuting Authority’s (NPA) newly-appointed head of public prosecutions, has struck her first move in addressing allegations that have been made in the state capture inquiry. As reported by EWN, Batohi’s response to mounting pressure to act on..
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