SA watchdog to oppose Zuma's bid to set aside influence peddling report

Public Protector must release Gupta reports – DA

Mkhwebane was speaking during a media briefing held in Pretoria on Monday.

Mkhwebane said the changes in the final report were made as a result of responses from parties who were implicated in the report - including the treasury, the presidency, the Reserve Bank and Absa.

In her 355-page report released on November 2 past year, former Public Protector Thuli Madonsela said Zuma and some of his ministers may have allowed the Guptas, who are in business with the president's son, to influence the appointment of cabinet members and given them special treatment to enable them to buy a coal business.

"The allegation whether the South African government improperly failed to implement the CIEX report ... after commissioning and duly paying for same is substantiated".

The NGO says the bailout was illegal and there was evidence of maladministration by the new South African government. The price was R1.23 billion and was paid directly to Bankorp shareholders which is why Absa should not be expected to pay again. Instead of directing that the money be recovered with interest, Mkhwebane has now instructed the Special Investigating Unit (SIU) to reopen a probe into the matter.


She ordered steps to be taken enabling the government to recover R1.125 billion in misappropriated public funds from ABSA Bank.

The requirements for a constitutional change that would shift the Reserve Bank's mandate from protecting the value of the rand in favour of the socio-economic wellbeing of citizens was unlikely‚ Nomura's emerging-markets investment economist Peter Attard Montalto said.

South African bonds weakened on Monday afternoon in line with the rand, which in turn, was affected by local political concerns.

These allegations point to improper or dishonest acts or offences with respect to public funds at the state-owned enterprises as well as well as improper or unlawful enrichment by certain public officials at these institutions.

Related News:

  • Trump acknowledges for first time he's under investigation

    ABC said Rosenstein told Associate Attorney General Rachel Brand she would have authority over the probe if he were to step aside. Rosenstein testified under oath this week that he would not fire Mueller without good cause and that none exists.
    Vice President Mike Pence hires outside counsel for Russia probe

    Vice President Mike Pence hires outside counsel for Russia probe

    As head of the Trump campaign's transition committee, he was involved in the hiring of Michael Flynn as national security adviser. Richard previously served as Virginia attorney general and USA attorney for the Eastern District of Virginia.

    Oil output set to outpace demand in 2018: IEA

    Brent crude futures were at $48.25 per barrel at 0039 GMT, down 47 cents, or 1 per cent, from their last close. As a result, OPEC raised the expected demand for its crude this year by 100,000 bbl/d to 32.02 million bbl/d.
  • Portuguese radio says 25 people killed in forest fires

    Portuguese radio says 25 people killed in forest fires

    He said investigations are ongoing to determine the cause, but authorities believe the high temperatures may have played a part. PM Costa said that the fire fighting crews are having difficulty approaching the area because the fires are "very intense".

    Protesters storm town hall as anger grows over London fire

    Some Grenfell residents had warned months ago fire safety issues at the tower meant that it was at risk of a "catastrophic" event. The 1974 building recently had external aluminum cladding installed, which is highly flammable.
    Top Trump aide exits as wider White House overhaul expected

    Top Trump aide exits as wider White House overhaul expected

    Trump has privately and publicly pinned much of the blame for his administration's woes on the communications effort. Bush, who had each nominated about twice as many people by this point in the first year of their first terms.
  • Washington officials to respond to attack on anti-Erdogan crowd

    The daytime brawl outside the Turkish ambassador's residence in the city on May 16 left nine protesters injured and strained U.S. Senior Republicans and Democrats in Congress had both demanded that Erdogan's team be condemned and held to account.

    Trump accuses ex-FBI director Comey of cowardice over 'leaks'

    But Comey did not provide any proverbial smoking gun. "I called on him to do this yesterday", Murphy tweeted after Trump's press conference.
    Jennifer Lawrence OK after both engines failed on private plane, rep says

    Jennifer Lawrence OK after both engines failed on private plane, rep says

    Ganyard added that without all of the details, it's hard to determine how serious the incident was. He explained that airplanes have two engines because the other would be a backup in case one fails.
  • Harry Kane Wants Permanent England Captaincy

    England have now gone 35 games and nearly eight years since they last lost a World Cup or European Championship qualifying match. However, Kane slammed in at the far post deep into stoppage time to break the hearts of the Tartan Army.
    Square Enix Reveals Life Is Strange: Before The Storm At E3

    Square Enix Reveals Life Is Strange: Before The Storm At E3

    This prequel is set three years before the original game and expands on the period when Max left Chloe. In Life Is Strange , Chloe has been changing her life around after experiencing tragedies in her life.

    Apple Introduces 'Do Not Disturb While Driving' Feature for iOS 11

    For the first time in years, Apple Inc . will use its annual developer conference to tout not just its software, but hardware too. With Apple iOS 11 , one can now 3D Touch a word to LookUp to search the dictionary or get suggestions from iTunes or App Store .


Most liked

Supreme Court Rules Denying Offensive Trademarks Violates First Amendment
A federal appeals court in Richmond put the team's case on ice while The Slants went to the highest court in the land. In 2015, Tam won a case in the United States Court of Appeals for the Federal Circuit.

Russia says Trump is using 'Cold War rhetoric' on Cuba
That method has been one of the more popular ways that US travelers have been seeing the island since Obama announced his changes. By canceling Obama's Cuba deal, the Post reported, Trump could "neutralize a chief rival's ability to gain an early advantage".

Trump Lawyer Says President Isn't Under Investigation, Despite Tweets
Schiff said Trump, his legal team and his supporters were trying to discredit the special counsel and his investigation. It also sent a letter to Comey asking for any notes or memos. "So that's the constitutional threshold question here".

Cristiano Ronaldo feels youthful after latest Champions League triumph
Even Real supporters jeered him at stages in a season where Ronaldo's goals ensured a La Liga title and Champions League trophy. On average, the Real Madrid celebrations delivered 900,000 viewers and a 5.7% share for the DTT network.

Oregon becomes 1st state to offer third gender option IDs
It did not need legislative action because state law does not specify that drivers must choose male or female. Earlier this year, the Canadian province of Ontario implemented the option of an X gender on licenses.

United States revokes blocked program to protect immigrant parents
Immigration restriction group NumbersUSA said it was "thrilled" that DAPA was rescinded, but wanted to see Trump continue to DACA. The program meant to keep immigrant parents safe from deportation and provide them with renewable work permit for two years.

Trump Chooses Democrat Who Backed Net Neutrality for FCC
Pai congratulated Rosenworcel, saying, "I look forward to working with her once again to advance the public interest". Senate Minority Leader Chuck Schumer, D-NY, had recommended Rosenworcel for the Democrat spot, Deadline reported .

Plans to sue President Trump over allegedly taking foreign government payments
The president has called references to his alleged violation to the Emoluments Clause "without merit, totally without merit". Since then, a restaurant group and two individuals in the hotel industry joined as plaintiffs.

Sessions vigorously denies improper Russian Federation contacts
After his confirmation hearing in January, Sessions was skewered for saying, " I did not have communications with the Russians". Either way, when Sessions insisted that he was "not stonewalling ", one had a sense that he was, in a twisted sense, right.

Paris attacker 'pledged allegiance to IS'
French policemen point their weapons near the site of an attack at the entrance of Notre-Dame cathedral in Paris on June 6, 2017 . After the incident, the cathedral building has been locked down, the people have been instructed to stay away from the area.

Sessions to face sharp questions on Russia contacts
Comey himself had a riveting appearance before the same Senate panel last week, with some key moments centered on Sessions. Former FBI Director James Comey laughs when asked if he leaked memos, says his father J.

Opinion analysis: Court rejects gender-based distinctions in citizenship laws
After oral argument , the justices were deadlocked 4-4, which left the lower court's ruling in the government's favor in place. A federal appeals court struck down the law and said the shorter one-year period must apply to both unwed fathers and mothers.

Bill Cosby's defense rests without hearing from famed comedian
Steele meticulously itemized evidence, arguing that it supported the state's assertion that Cosby "drugged" Constand. She testified that Cosby gave her three small, blue pills that she thought were herbal supplements.

Iran flies food to Qatar amid concerns of shortages
On Sunday, Qatar said that the 11,000 citizens of those countries that have cut ties will be allowed to stay in the country.

Injured Sharapova pulls out of Wimbledon, grass circuit
To read this article in one of Houston's most-spoken languages, click on the button below. Two years before that, at 17, Sharapova won her first major title at Wimbledon.