While I share Ben Turok’s concern about rampant greed displayed by the directors of our public companies, it must be pointed out that these huge (and often objectively unjustified) amounts are at least approved by the governance systems that are part of our corporate law, enacted ultimately by the ANC.

They are not perpetrators of the uncontrolled fraud and corruption practised by most of the ANC executive at all levels of government and the deployed cadres in the NGO sector, about which Turok is largely silent. “Irresponsible misspending” by the members of the ANC, but “looting” in the private sector? ..

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