BRUCE'S LIST: Has the Gupta lifeboat already sunk?
The family may have to search a little further for something to take public attention off themselves
Bruce’s List: A guide to informed reads. It did not take long for the ANC to pile into former public protector Thuli Madonsela after the Mail & Guardian published details of a draft report she had done (but never released) on the bailout made by the Reserve Bank to Bankorp before and during its acquisition by Absa in the late 1980s and early 1990s. She should have released the report, the party cried. We want to see it now! Not surprisingly, Madonsela’s replacement, Busisiwe Mkhwebane, has had Madonsela’s draft on her desk and, as a result, it leaked. That was probably the idea behind leaving it lying around in the first place. Leaking the “Absa lifeboat” as it is called is a neat little distraction for the Gupta crowd and their capture of the Zuma administration because it would prove that “white monopoly capital” had behaved equally badly. This, of course, ignores the hopes most South Africans had that a democratic SA would be an all-round improvement on apartheid SA, but it doesn...
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