EFF statement on the Public Protector report on CIEX and State of Capture report
20 June 2017
The EFF notes the reports released by the Public Protector in relations to complaints launched to her office. We in particular welcome her decision to challenge Jacob Zuma's application for court review in the State of Capture Report. We also welcome the remedial action on the CIEX report that ABSA must pay back the money that they illegally received between 1986 and 1995.
We welcome the remedial action in relation to ABSA as an important step in dealing with corruption in the private white owned capital. Indeed, many studies have shown that white monopoly capitalism has survived both under apartheid and the current regime through corruption.
The ANC government, over the past 23 years, has allowed white capital to go unpunished in its role in apartheid, as well as their part in all corruption of the post-1994 government. A key example is the case of Transnet, in which local corrupt ANC officials like Malusi Gigaba worked with global white capital to loot the state in excess of R17 Billion.
The EFF questions the PP's constitutional wisdom and understanding because of her remedial action in which she instructs parliament to amend the constitution in relations to the role of the Reserve Bank. No matter how noble her proposed amendment maybe, she has no power to instruct a constitutional amendment.