Corruption and clean governance Archives - United Democratic Movement | UDM

UDM KZN: KwaZulu-Natal’s “missing” R220 million drought relief funds

The R220 million, that was meant to give drought-stricken communities and farmers in KwaZulu-Natal some relief, has seemingly vanished in a flourish of orchestrated thievery. This situation has, for instance, had a devastating effect on the Pomeroy Community Health Centre in Msinga which must keep water in dustbins just to flush toilets. It also is a great disappointment that four years have passed without the incumbent opposition parties in the KwaZulu-Natal legislature raising the [...]

Admin2019-02-07T17:33:37+02:00February 7th, 2019|2019 Archive, Corruption and clean governance, Home|Comments Off

R116m of the PIC’s money to allegedly be spent on UWC student accommodation without due diligence

Dear Honourable Minister Mboweni REQUEST FOR THE URGENT INTERVENTION ON THE POSSIBLE IRREGULAR FUNDING OF IKHAYA STUDENT ACCOMMODATION (PTY) LTD BY THE PUBLIC INVESTMENT CORPORATION The above has reference, and I attach hereto relevant documents for your ease of reference. The referenced documents suggest, amongst others, that: 1. Based on an email dated 4 February 2019 from the Public Investment Corporation’s (PIC) Roy Rajdhar to some George Blackenberg, it appears, that the PIC is [...]

Admin2019-02-06T15:39:44+02:00February 6th, 2019|2019 Archive, Bantu Holomisa, Corruption and clean governance, Home|Comments Off

An Alternative State of the Nation: Holomisa addresses the Cape Town Press Club

Address by Mr BH Holomisa, MP and UDM President regarding an Alternative State of the Nation at the Cape Town Press Club • Chairperson • Ladies and gentlemen 1. Introduction We are grateful to be part of this engagement exploring the very important subject of the true state of the nation. We are just three months away from the 6th democratic elections in South Africa, which means that electioneering has begun and that all [...]

Admin2019-02-05T14:01:32+02:00February 5th, 2019|2019 Archive, 2019 Election Campaign, Bantu Holomisa, Corruption and clean governance, Economy, Home, Parastatals, Public Investment Corporation|Comments Off

UDM welcomes resignation of PIC board

The United Democratic Movement welcomes the resignation of the Public Investment Corporation’s (PIC) board. The Mpati Commission can now go ahead and do a thorough investigation into the ins and outs of the allegations of corruption that surrounds the PIC. The UDM has equivocally stated in the past that the current board cannot play judge and jury in the investigation into the apparent corruption at the PIC. An interim board must be appointed as [...]

Admin2019-02-01T18:11:44+02:00February 1st, 2019|2019 Archive, Bantu Holomisa, Corruption and clean governance, Home, Public Investment Corporation|Comments Off

GEPF’s R7,4 billion write-offs are shocking

The United Democratic Movement noted with disbelief, the Government Employees Pension Fund’s (GEPF) write-offs amounting to R7,4 billion for the 2017/2018 financial year. These write-offs are of direct consequence of some of the Public Investment Corporation’s (PIC) most controversial deals such as investments in Steinhoff/Lancaster 101, as well as with companies controlled by Iqbal Surve. All of which happened under the management of former PIC boss, Dr Dan Matjila. Something is rotten in the state [...]

Admin2018-12-04T11:08:38+02:00December 4th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home, Media statements: UDM|Comments Off

UDM KwaZulu-Natal calls for Endumeni municipal manager to resign or to be suspended with immediate effect

After our media statement of 23 October 2018 regarding deeply concerning issues in the Endumeni Municipality in the uMzinyathi District, the United Democratic Movement in KwaZulu Natal were given explosive documents that should make the Endumeni municipal manager’s life very uncomfortable. The documents contain damning proof of the municipal manager 's gross negligence and/or corruption by improperly and irregularly signing a contract worth R 969 000, which he has since tried to nullify by withdrawing [...]

Admin2018-10-25T15:12:20+02:00October 25th, 2018|2018 Archive, Corruption and clean governance, Home, Media statements: UDM|Comments Off

Mr Bantu Holomisa, MPUDM President Honourable Ms Nosiviwe N Mapisa-Nqakula Minister of Defence and Military Veterans Room 1418, Floor 14 120 Plein Street CAPE TOWN 8000 Dear Honourable, Mapisa-Nqakula REQUEST FOR AN URGENT INVESTIGATION: APPOINTMENT OF PRIVATE CONTRACT FOR THE RENDERING OF A MAINTENANCE AND REPAIR OF OPERATIONAL MECHANICAL EQUIPMENT FOR THE SOUTH AFRICAN NAVY WESTERN CAPE REGION FOR A THREE YEARS PERIOD The above has reference. The awarding of the bid [...]

Admin2018-10-25T15:28:08+02:00October 25th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home|Comments Off

UDM welcomes announcement of PIC commission of inquiry

Mr Bantu Holomisa, MPUDM President The United Democratic Movement welcomes the president’s announcement of the appointment of Justice Lex Mpati as the head of the commission of inquiry into the allegations of corruption at the Public Investment Corporation (PIC). The inquiry should clean-up the mess at the PIC and get to the bottom of the rot we have seen exposed in the media for quite some time. The pension funds of past and [...]

Admin2018-10-17T20:08:43+02:00October 17th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home|Comments Off

VBS: ‘The Great Bank Heist’ – it’s time for action not words

Mr Bantu Holomisa, MPUDM President President Ramaphosa must immediately appoint a task team to make sure that the people who were fingered by advocate Terry Motau in his report are held responsible for their misdeeds. Each and every person must be brought under the search light, especially those in the employ of the Public Investment Corporation. The PIC seems to be sinking deeper and deeper in the quagmire of corruption. The United [...]

Admin2018-10-10T16:18:05+02:00October 10th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home, Media statements: UDM|Comments Off

The PIC commission should start now that Nene has been fired

Mr Bantu Holomisa, MPUDM President We welcome President Ramaphosa’s decision to show Nhlanhla Nene the door. We have consistently been calling on the President to act with speed in instituting a commission of inquiry regarding the Public Investment Corporation (PIC). The Gupta scandal makes the exploitation of the PIC look like a Sunday picnic and the President should take immediate action so that the rot may be exposed. We now know why [...]

Admin2018-10-10T11:53:51+02:00October 10th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Economy, Home, Media statements: UDM|Comments Off

To give PIC CEO Dan Matjila a golden handshake is preposterous

Mr Bantu Holomisa, MPUDM President We are all aware that there will be a commission of inquiry which shall investigate the mess at the Public Investment Corporation (PIC). Despite the announcement, we have for several months waited with bated breath to hear who will serve on the commission and what the terms of reference will be. We, in today’s Mail and Guardian, read that PIC chief executive officer Dr Daniel Matjila has [...]

Admin2018-09-28T08:36:52+02:00September 28th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home, Media statements: UDM|1 Comment

Public Protector to investigate allegations of corruption by Min Zweli Mkhize re PIC deals

The United Democratic Movement earlier this year wrote to President Cyril Ramaphosa wherein we revealed possible corruption that involved the Public Investment Corporation (PIC), Zonkizizwe Investments (which we understand to be solely owned by the ANC), some ANC heavy weights and Afric Oil. The alleged broker between the PIC and e.g. VBS Mutual Bank and the various municipalities was Minister Zweli Mkhize. We have been reliably informed that the Public Protector will be investigating the [...]

Admin2018-09-26T15:05:58+02:00September 26th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home, Media statements: UDM|Comments Off

Harassment of PIC whistle blowers

Mr Bantu Holomisa, MPUDM President In reference to an article published on Fin24 (https://www.fin24.com/Economy/pic-moves-to-discipline-another-executive-20180914?isapp=true) the United Democratic Movement (UDM) condemns what can only be called permitted harassment of whistle blowers at the Public Investment Corporation (PIC). One is suspicious at government i.e. Minister Nene and President Ramaphosa’s handling of the matter of instituting the commission of inquiry into the PIC. To make matters worse the terms of reference has not yet been published, [...]

Admin2018-09-16T13:32:12+02:00September 16th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home|Comments Off

PIC commission to start it’s work in “due course”

The United Democratic Movement (UDM) has noted that President Ramaphosa has announced the appointment of a commission of inquiry to probe the Public Investment Corporation (PIC) and the dark cloud of corruption allegations hanging over the institution. Mr Bantu Holomisa, MPUDM Presiden It is however frustrating that the names of the chair of the commission and the supporting team, as well as the detailed terms of reference will be announced “in due [...]

Admin2018-08-17T10:02:32+02:00August 17th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home, Media statements: UDM|Comments Off

Holomisa discusses The “Rainbow Nation” and the Political Culture of South Africa in new SA

• Programme Director • The faculty dean, Prof Van Wyk • Our hostess, Ms Busi Khaba • Staff members • Monash students • Ladies and gentlemen 1. Opening I want to thank our hostess, Ms Khaba, for reaching out to me and inviting me to have a chat with you today. I see many fresh faces in front of me and it is heartening to see young South Africans still interested in politics as [...]

Admin2018-08-15T11:18:05+02:00August 14th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Democracy and electoral reform, Home, Land|Comments Off

The Public Investment Corporation: Harith/Lebashe conflicts of interest and terms of reference of the forensic audit

Dear Mr President The Public Investment Corporation: Harith/Lebashe conflicts of interest and terms of reference of the forensic audit I refer to the United Democratic Movement’s (UDM) letters addressed to your office, as well as the one that we wrote to finance minister Nhlanhla Nene, all regarding the alleged corruption and conflict of interest of various companies/individuals and their relationships with the Public Investment Corporation (PIC). We noted that minister Nene has instructed the [...]

Admin2018-07-26T16:52:15+02:00July 26th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home, Open Letters|Comments Off