Mbeki, Manuel and Mboweni must apologise for ABSA billions

Mbeki, Manuel and Mboweni must apologise for ABSA billions

Black First Land First (BLF) calls on former President Thabo Mbeki, former Finance Minister Trevor Manuel and former Governor of the South African Reserve Bank (SARB) Tito Mboweni to apologize to the nation for failing to protect the national assets. The three politicians were entrusted by the nation, by virtue of their positions at the time, to be guardians of and to safeguard the wealth of the nation. The leaked report of the Public Protector on the investigation of the “life boats” confirms that the three had unethically and possibly illegally protected white capital from paying back the R26billion stolen from the SARB.

Mbeki, Manuel and Mboweni are on record for saying that while they knew and accepted that ABSA amongst others had unduly benefited from the the illegal activities surrounding the “life boats” saga, they didn’t take action because they had decided that such action would negatively affect the banking system and consequently the economy. Such reasoning is not just irrational but served to abate the institution of the necessary criminal actions. To this end the conduct of the said three people must be condemned by all those who are ethical and genuinely against corruption. 

Mbeki, Manuel and Mboweni must apologize to the nation for such faulty reasoning or confess that they were merely defending the interests of white settler monopoly capital. The rationale for this call by BLF is made urgent by the public announcement of Mr Billy Masetlha, the former Head of the South African National Intelligence Agency, that he was misled by the trio into not pursuing the ABSA billions. This is a genuine admission by a civil servant who took his responsibilities seriously. It’s our hope that Mbeki, Manuel and Mboweni shall now follow suit. They must admit the error of their judgement and implore ABSA to stop wasting time and pay back the money.

BLF is aware that the trio had all along been aware of the contents of the CIEX report which implicates numerous banking entities and other businesses in unlawful activities. BLF is also aware that amongst the individuals that benefited from these unlawful activities is the businessman, Johann Rupert. This raises serious questions, given the close relationship that the businessman had with some of these three people.

BLF says to Mbeki, Manuel and Mboweni, “now is the time to come forward and admit your gross error of judgment that borders on dereliction of your duty. Confess and ask for forgiveness”.  More importantly, BLF calls upon them to encourage all those implicated in the theft of the R26 billion from SARB to forthwith pay back the money. The immediate payment of the stolen billions will save the state resources in the recovery of the said money which in turn is likely to entail lengthy and costly legal processes including a possible Judicial Commission of Inquiry. Should Mbeki, Manuel and Mboweni fail to apologize, the option of pressing criminal charges against them for not acting on information of wrong doing which came to their knowledge shall be utilized. The law is clear about this. 

BLF looks forward to hearing from the three as they discharge, albeit belatedly, their patriotic duties as leaders of society.

Issued by Black First Land First, National Coordinating Committee (BLF NCC) 

18 January 2017

Contact details 

Black First Land First Email:[email protected]
Facebook: Black First Land First | Twitter: @black1stland1st
Website: www.blf.org.za

Deputy National Coordinator:  Thandiswa Yaphi. 
Email: [email protected] 
Cell no: 0631073163

Zanele Lwana
(National Spokesperson)
Cell: +27 79 486 9087
Mail: [email protected]

Lindsay Maasdorp
(National Spokesperson)
Cell: +27 79 915 2957
Mail: [email protected]­om

Media silence on ABSA stolen billions

Media silence on ABSA stolen billions

Black First Land First (BLF) is not suprised by the media silence on the leaked report of the Public Protector which says that ABSA must pay back the money stolen from the South African Reserve Bank (SARB). BLF has been calling for the speeding up of the investigation into apartheid looting, but the previous public protector, Thuli Madonsela, was only a protector of white capital and ignored the calls.

Since last Friday, when the story broke out, the usual loud noisemakers on corruption have completely avoided the story. All the Sunday newspapers also literally had a ban on the story. This silence shows that the big and persistent noise made on the Nkandla saga was not in the interest of fighting corruption but rather about regime change and entrenchment of white monopoly capital.

President Jacob Zuma was tormented with never ending calls for him to pay back the money, but now we see complete silence by the media, the opposition parties, trade unionists like Zwelinzima Vavi, backward formations like Save South Africa and many other so called ‘civil society’ organisations.

The Economic Freedom Fighters (EFF), which in October 2015 said it would occupy ABSA, has itself gone underground and elected to pose for pictures with the representatives of white monopoly capital at the Johannesburg Stock Exchange (JSE).

The Sunday Times tried a diversionary tactic by putting on its front page a story about Hlaudi Motsoeneng. The story has little to do with Motsoeneng but more to do with white corruption, but the Sunday Times underplayed the fact that white owned Corrobrick admitted wrong doing and promises to pay the money back. The front page headline should have read, “Corrobrick confesses its own corruption”.

Monday daily newspapers have also continued the pattern of silence. The Oppenheimer funded and loud mouth publication on black corruption, Daily maverick, also gave the story a miss. It is is clear that the white owned media is involved in a conspiracy of silence. It looks like the bosses have given clear instructions to kill the story.

BLF wishes to thank Black Twitter for making use of the #BLFvictory and #ABSAmustPay hastags which trended in three consecutive days. We call on all real anti-corruption people to ensure the story doesn’t die. BLF shall wait until 28 February to see if ABSA pays back the money. If they still play delay tactics then BLF shall call for direct action on ABSA.

BLF calls on Barclays to force ABSA to pay back the money forthwith.

BLF wishes to warn SA that white media is going to invent corruption stories about black people to try divert attention from the ABSA billions. Furthermore, BLF wishes to remind the public that the money ABSA must pay is a portion of the R26 billion stolen by, amongst others Sanlam, Johann Rupert and Daimler Chrysler. All of them are going to pay back the money.

We also warn the public that the white owned media is going to start campaigns against the new public protector Advocate Busisiwe Mkhwebane. The nation must resist these evil plans by white capital.

We say, Zuma paid back the money, now ABSA must do the same. No stories, no delays!

As for the white owned media, we say your agenda is exposed and you are not objective. You are the bulldogs of white monopoly capital. Your silence on ABSA has proven beyond doubt that you manufacture fake news.

Issued by Black First Land First, National Coordinating Committee (BLF NCC)

Contact details

16 January 2016

Black First Land First Email:[email protected]
Facebook: Black First Land First | Twitter: @black1stland1st
Website: www.blf.org.za

Thandiswa Yaphi
(Deputy National Coordinator)
Cell: +27 63 107 3163
Mail: [email protected]

Zanele Lwana
(National Spokesperson)
Cell: +27 79 486 9087
Mail: [email protected]

Lindsay Maasdorp
(National Spokesperson)
Cell: +27 79 915 2957
Mail: [email protected]­om

BLF Letter of Notice to Pravin Gordhan

BLF Letter of Notice to Pravin Gordhan

19 October 2016


Dear Sir/Minister


We are the Black First Land First Movement (BLF), a registered political organisation with the Independent Electoral Commission. BLF is currently led by Mr Andile Mngxitama, who is duly authorised to submit this letter of demand.

It is common cause that the Minister of Finance knows about a complaint we have lodged with the Office of the Public Protector relating to an amount of R26 billion stolen from the South African Reserve Bank by white capitalists including the likes of Johann Rupert. Further to this, we have since become aware of the fact that the Minister of Finance is a shareholder in the banks that were/are involved in the closure of the Gupta family linked businesses’ bank accounts especially Oakbay Investments (PTY) LTD. BLF believes that by virtue of being a shareholder in these banks the Minister is thus conflicted and therefore compromised in making findings or even taking decisions that relate to the closing of the Gupta accounts.

We demand that the Minister provides us with answers to the following questions:

1. Why has the Minister kept silent about the Oakbay accounts and the so called “suspicious” transactions until there were charges of fraud preffered against him?   Furthermore, why did the Minister wait until the High Court application by Minister Des Van Rooyen to interdict the former Public Protector from releasing the so called “State Capture” report was heard on 14 October 2016? The timing of the lodgement of the application on 14 October 2016 with the High Court  (Gauteng Provincial Division, Case Number 80978/16) – subsequent to the previous case by Minister Des Van Rooyen – for an order that he is “not by law empowered or obliged to intervene in the relationship” between the banks and Oakbay regarding the closing of the bank accounts held by Oakbay  is suspicious and suggests malicious intent on his part, or alternatively suggests that he can be deemed to be acting as if he is part of a sinister agenda.

2. This High Court application (Case Number 80978/16) by Minister Pravin Gordhan raises many questions. It suggests a bid to divert attention from the fact that he is facing fraud charges and must consequently vacate his position as Minister of Finance. The questions arising in this context are the following:

2.1 Why does the Minister choose such an inappropriate time to throw only allegations and no fact in the said case? Is it because the outcome of the High Court application by Minister Des Van Rooyen interdicting the Public Protector from releasing her report on “state capture” on 14 October 2014 resulted in the report not being released?  The timing and lack of facts in respect of the said case proves that the Minister of Finance is pursuing a vendetta.

2.2 Why is Minister Gordhan forcing and instructing the Financial Intelligence Centre (FIC) and the South African Reserve Bank (SARB) to dig up dirt since July 2016 and saying that he will go to court?  This clearly means that his actions have been premeditated and that he had no intention to act in good faith.

2.3 The Business Rescue Practitioners (BRP) clearly requested approval from SARB to transfer funds to the Bank of Baroda under a new account – so where is the so called tax loss and threat?

2.4 SARB clearly says that no complains or violations have been received. To this end, what further purpose is Minister Gordhan trying to serve by pressurizing the regulator?

2.5 Why are personal names and private names including those of minors being displayed with meaningless transactions? What’s the basis for suggesting that those are invalid transactions? A STR entry does not indicate a wrong transaction. All have reasons. It’s like reading a doctor’s  script and guessing the diagnosis.

2.6 Why has Minister Gordhan incurred such costs on legal opinions and wasted the public and taxpayers’ money?

2.7 Why is Minister Gordhan silent on the R26 billion stolen from the Reserve Bank?

3. The Minister is a shareholder in companies owned by the same Johann Rupert who is implicated in the R26 billion stolen from the South African Reserve Bank, and it has transpired that Johann Rupert had a hand in the appointment of Pravin Gordhan into the post of Minster of Finance.  As pointed out above, he is also a shareholder in the banks that have closed the accounts of the Gupta family businesses (Oakbay). As a result, Mr Gordhan cannot act in the matter that involves the closure of the Gupta family businesses’ bank accounts as he is a shareholder in the white capitalist businesses responsible for the closure of the said bank accounts. Furthermore these white capitalist businesses have for decades captured the state.

4. Why has the minister elected to approach the court instead of working through the cabinet established Inter Ministerial Committee (IMC) which was set up for the purpose of resolving matters related to the closure of the bank accounts of Oakbay?

5. Why has the minister, as a member of the IMC, not participated in the Committee’s work towards resolving the crisis created by the controversial closure of the bank accounts of Oakbay?

6. That since the Minister has interest in companies that have captured the state, the Minister must provide us with answers within 48 hours as to why we should not approach the court for an order that a conflict of interest situation exists between himself as Minister of Finance and himself as shareholder to the banks and other companies which have since captured the Republic of South Africa.

7. As further evidence of the prevailing conflict of interest situation, as Minister you have been unable to be impartial in the work of the inter-ministerial task team appointed by cabinet to resolve challenges related to the closure of the projects of Oakbay bank accounts. It is for this reason that you have not been able to participate in the work of the said task team. Did you or did you not disclose to the task team that you are conflicted since you are a shareholder in the banks which had closed the bank accounts of Oakbay?

8. Furthermore, your position has been compromised by the involvement of business entities you have shares in which are implicated in unlawfully benefiting from the R26 billion stolen from the South African Reserve Bank which is under your ministry. You also have shares in this same companies which have stolen from the South African Reserve Bank. Your lack of interest in pursuing the R26 billion stolen from your ministry further indicates your incapacity to be impartial because you are conflicted.  

9. Note that the BLF appoints the offices of MB TSHABANGU INC. Kindly forward every correspondence to the below address:

404 Ancore Centre
Cnr. Robert Sobukwe and Steve Biko Streets
Tel: 012 341 4187
Fax: 086 558 6184

Kind regards,


BLF to submit Letter of Notice to Minister Pravin Gordhan today 

BLF to submit Letter of Notice to Minister Pravin Gordhan today 

Media invite 

Black First Land First(BLF) shall today 19 October 2016 serve the Minister of Finance,  Mr Pravin Gordhan, with a letter of notice. The letter gives the minister 48 hours to respond to a number of issues related to the conflict of interest situation which has compromised and reduced him to an agent of white capital.

Should the minister fail to respond materially within 48 hours, BLF shall seek a declaratory order from the High Court that amongst other things he is compromised as a Minister of Finance by virtue of the conflict of interest situation that prevails in relation to him.   

The letter shall be hand delivered today at 14:00 at Treasury in Tshwane by the leadership of BLF. 

For further inquiries call 

Andile Mngxitama at 082 678 3200