Calls for Absa to pay back the money are nonsense, says Julius Malema
The EFF leader says those calling for the occupation of Absa over the Bankorp bail-out are on the Guptas' payroll
EFF leader Julius Malema on Monday described the campaign for Absa to pay back money supposedly owing since the bank’s merger with Bankorp at the dawn of democracy, as "nonsense". "The Absa nonsense is not legit and I will not be told by opposition of the EFF on how to act," he said in reference to calls for the red berets to join the campaign. "We will hold Absa accountable through our own terms and at our own time…. The people calling for the occupation of Absa to ‘pay back the money’ [are] on the Gupta payroll." Malema’s comment follows the leaking of the public protector’s provisional report, which concluded that Absa should repay R2.25bn to the fiscus for an apartheid-era Reserve Bank bail-out for Bankorp. Malema pointed out that long before the leak of the report, the EFF had said it would "occupy" Absa. In November 2015, Malema announced that the EFF had established a special task team, which was due to start work in 2016. At the time, he said his party would occupy every bra...
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