ABSA, stop playing games and pay back the money!

Black First Land First (BLF) has observed the sickening attempts to discredit us by the corrupt and racist bank, ABSA, in the Johannesburg High Court yesterday. ABSA is spitting in the faces of the black majority from whom it has stolen over R3 billion! The current court application by ABSA is to avoid paying back the money as instructed by the public protector, Busisiwe Mkhwebane. It is an attempt to hide behind the racist and pro-white monopoly capital judiciary to give licence to white monopoly capital corruption.

The public protector has ordered that ABSA pay back only just over R1 billion of the money it’s predecessors stole. BLF’s calculations of what ABSA must pay, including interest, runs up to R10 billion. BLF’s investigation, corroborated by the CIEX report, shows that ABSA never paid a cent back.

BLF respects that the public protector doesn’t share our methods and conclusions, but we are appalled that ABSA now refuses to pay even the massively reduced amount of stolen money from the South African Reserve Bank (SARB).

BLF appreciates the time and cordial respect afforded to us by the public protector to state our case to her regarding this matter. Instead of listening to our grievances, the previous public protector, Thuli Madonsela, locked us up in protection of theives like ABSA’s Maria Ramos and Johann Rupert, who is also implicated in the CIEX report.

ABSA has interdicted BLF from shutting its branches down. This doesn’t mean BLF doesn’t have other strategies to force ABSA to pay back the money. BLF calls on ABSA to stop playing criminal games and pay back the money now! That money belongs to the people.


6 December 2017

Contact Details
Black First Land First
Mail: [email protected]­gmail.com

Zanele Lwana
(BLF Deputy President)
Cell: +27 79 986 7225

Lindsay Maasdorp
(National Spokesperson)
Cell: +27 79 915 2957

Brian Tloubatla
(Deputy National Spokesperson)
Cell: +27 82 216 7664

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