Posts tagged with 'Reserve Bank'

 

Hawks Confirm They are Investigating Two Cases of Alleged Theft from SARB Amounting to over R41 Quadrillion Linked to Tokyo Sexwale!

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A new twist in the Tokyo Sexwale “stolen quadrillion” saga has appeared – after the fund invited ANC government, to a Bank in Singapore. The chairman of the Worldwide Proxy and Trustee of the White Spiritual Boy (WSB) and Spiritual Wonder Boy (SWB) Heritage Funds, Mr Chark Leong Boey, has written a letter in his personal capacity, in an effort to clarify the confusion around the Heritage Fund. The Hawks on Monday confirmed that they were investigating two cases of alleged theft amounting to over R41 quadrillion.

Mr Boey, who is from Singapore, has stated in a letter that he extended an invitation to a South African delegation to travel to Singapore to verify the said fund.

Reports emerged last week of how Trillions of Rands from the fund had allegedly been looted from the South African Reserve Bank (SARB) and from The National Treasury. These damning allegations were dismissed by the two financial institutions as being a mere scam.

The letter which
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ANC Using #Covid19SA to Justify Plans to “Discipline Private Sector”, Nationalise Pensions & Plunder Central Bank Reserves in “Radical Transformation”!

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THE STATE CAPTURE TO END ALL CAPTURES: True to their word, the ANC’s Ramaphosa and Nkosazana Dlamini Zuma (NDZ) are using the extended CCP-virus lockdown, as a cover to propose changes to the Pension law in order to grab pensions for massive redistribution of wealth, and tender fraud on a scale never seen before! Né Cyril? We should have known. The ANC is coming for your pensions with it’s promised radical transformation, turning the country into a fully communist, totalitarian and fascist black supremacist hellhole. In short they are throwing more wood under the pot in which they are slowly boiling the white minority frogs. Lots and lots of wood. 

A new concept document by the ANC’s head of economic transformation, Enoch Godongwana, states that the ANC wants to use pension money and the reserves of the Reserve Bank, to build a so called “open economy” post CCP-virus pandemic. Open for looting yes! The concept document was submitted to the ANC’s national executive
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Constitutional Court says the Public Protector, Busisiwe Mkhwebane is incompetent for her post after she lied under oath

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The Legal Practice Board was requested by Accountability Now (AN), a non-profit organization, to remove the name of the Public Protector (PP), Busisiwe Mkhwebane, from the advocates.

It follows the Constitutional Court’s ruling that she had acted and lied under oath. Adv Paul Hoffman, a director at AN, said in a letter to the Legal Practice Council that the findings against the PP are serious and final and that her honesty, integrity and competency as PP is affected.

Dr Pieter Groenewald, leader of the FF Plus says that the ruling and findings of the Constitutional Court this morning against the Public Protector (PP), Adv. Busisiwe Mkhwebane, who has, among other things, exceeded her mandate, is damning and in fact she says she is incompetent for office as South Africa’s EM.

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ANC’s double talk – Ramaphose and Magashule’s statements on the independence of the Reserve Bank contradict each other and are damaging the confidence of investors – There is no doubt that the ANC-regime is leading SA to a downfall

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The ANC president, Cyril Ramaphosa and Magashule’s statements about the independence of the Reserve Bank, clearly contradict each other.

While Ramaphosa is trying to reassure voters as well as the outside world that the Reserve Bank will remain independent, his fellow companion is confusing investors.

He said in a statement that the Reserve Bank would be nationalized over the next five years.

Economists declare that the ANC’s election manifesto is a call for investors to secure their money. The manifesto does not outline a positive image for investors, banks and pension funds and insurers.

Read the original article in Afrikaans on Die Vryburger
This report does not necessarily reflects the opinion of SA-news.

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