||State Owned Enterprises

#StateCapture inquiry D/Chief Justice Zondo’s team must have forensic people and TOR must be based on Thuli Madonsela’s good work

Deputy Chief Justice Raymond Zondo Private Bag X1 Constitution Hill Braamfontein 2017 Dear Sir STATE CAPTURE INQUIRY NEEDS A STRONG TEAM COMPRISED OF VARIOUS EXPERTS AND THE FORMER PUBLIC PROTECTOR’S FINDINGS AND REMEDIAL ACTIONS MUST FEATURE STRONGLY IN THE TERMS OF REFERENCE The United Democratic Movement (UDM) congratulates you on your appointment as the head of the inquiry into State Capture that has been instituted based on the prima facie evidence uncovered by, and [...]

2018-01-24T15:34:59+00:00January 10th, 2018|2018 Archive, Bantu Holomisa, Corruption and clean governance, Home, Media statements: UDM, State Owned Enterprises, Zumagate|Comments Off on #StateCapture inquiry D/Chief Justice Zondo’s team must have forensic people and TOR must be based on Thuli Madonsela’s good work

UDM rejects Government’s attempts to tap into PIC funds to bail out failing SOEs

The allegations that the Ministry of Finance is trying to access Public Investment Corporation (PIC) funds to bail out failing State Owned Enterprises (SOEs) confirm the United Democratic Movement's (UDM's) long-held suspicion that the mafia styled ruling elite would, once cash-strapped, extend its grubby hands to workers' pensions entrusted to them for safekeeping. The true intention of these transactions is not to bail out struggling SOEs, but rather to ensure that there is enough state [...]

2017-09-26T15:23:01+00:00September 26th, 2017|2017 Archive, Corruption and clean governance, Home, State Owned Enterprises, Zumagate|Comments Off on UDM rejects Government’s attempts to tap into PIC funds to bail out failing SOEs