ON THE MONEY
STUART THEOBALD: The protector is too inept to put one over the public
Absa and the South African Reserve Bank are having none of it from Public Protector Busisiwe Mkhwebane. Supplementary affidavits they each produced last week, in support of an application for judicial review of her report on the Absa lifeboat, make it clear they believe Mkhwebane has been captured. Their views were formed after combing through the paperwork connected to her report. "To corrupt" is to twist something from its original purpose to one in conflict with it. The very name of her office provides its original purpose — to protect the public. Instead, she appears to have conspired with the State Security Agency and the Presidency to try to undermine the central bank, an institution that is proving a difficult obstacle for the state-capture project. Absa and the Reserve Bank each conclude that after considering the bizarre sequence of events that led to her completely bizarre report on the lifeboat, the public protector was acting for ulterior purposes. Mkhwebane met the Pres...
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