Gordhan rips Bankorp report apart
EDITOR’S NOTE: Ciex, lies and suspect spies
Manuel thought it was twaddle; Gordhan sees it as half-cocked espionage — so why does the public protector want to believe it so badly?
For those seeking to expose white monopoly capital, the Ciex report has assumed the same mythical status as the Protocols of the Elders of Zion which emerged in 1903 as “evidence” of Jewish plans for global domination. Sadly, the 52-page Ciex report on “apartheid looting” seems to be about as reliable as the protocols, which were exposed as a fraud by The Times in 1921. First, some history: Ciex was a company started in 1994 by former British secret service operative Michael Oatley. In 1997, Oatley approached the SA government and proposed clawing back billions looted by apartheid-era firms. Suitably lured, government paid him £600,000 for a report on who to pursue. It was a poor investment. The report begins with the proposition that, in 1997: “The banking and financial systems [are] substantially corrupt, effectively under Broederbond control and serving the interests of old regime adherents rather than the [wider] country.” Now, you could have argued the economy was still serving...
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