Public Protector must release Gupta reports
- Author: Zachary Reyes Jun 19, 2017,
Jun 19, 2017, 21:17
At the time the preliminary report was compiled, these parties had not yet responded to investigators at the public protector's office. "They must also be investigated", says Maine. "Moreover, we deny any debt is due or payable by ABSA".
Mkhwebane released the Ciex report, along with three other reports on various spheres of government, on Monday during a press briefing.
Mkhwebane was speaking at a news conference in Pretoria.
Absa received R1.25-billion from the apartheid government.
She has now recommended that the Special Investigating Unit recover the R1.1 billion from ABSA.
"The amount given to Bankorp Limited/ABSA Bank belonged to the people of South Africa".
It will now be up to the SIU to uncover the public funds which were "unlawfully given" to Absa, as Mkhwebane has found.
The Public Protector has probed allegations that CIEX, a covert United Kingdom-based asset recovery agency headed by Michael Oatley, was contracted by Pretoria to assist in investigating and recovering misappropriated public funds and assets allegedly committed during the reign of the apartheid regime.
She wants the Constitution to be amended to ensure that the mandate of the Bank promotes economic growth and not only protects the value of the rand exchange rate. Comrades who were in government when the CIEX report came out where defensive when it came to this matter. The request was made through the South African Secret Service.
In February, Mkhwebane said she was seeking legal advice on how to proceed on the issue.