DA wants NW Premiers summoned for Bapo ba Mogale missing millions
13 October 2016
Following the damning preliminary report by the Public Protector, Adv. Thuli Madonsela, on the gross mismanagement of the Bapo ba Mogale community’s tribal money, the Democratic Alliance will ask Scopa to summon all North West Premier’s since 1994 to account for their share in the missing millions.
This account, known as the D-account, was set up by the North West Government, for development of the area. This included payments from Lonmin and other businesses mining on the community land.
Funds in the account amounted to more than R617million, which was made up of R392 million in deposits and R224 million in interest earned in the past two decades. The account was handed over with a balance of R721 000 in 1994. By 2014, the balance in the account had dropped to just over R495 000.
In 2014, the community stopped using the account and since then, about R40 million in royalties were received. Most of the money has since been spent.