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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#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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