ANC 'must repay Kebble millions'

TELESPHORE

TELESPHORE

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Big trouble:

http://www.news24.com/News24/South_Africa/News/0,9294,2-7-1442_2081743,00.html

Johannesburg - Trustees of Brett Kebble's estate had issued notices of demand to the African National Congress to repay millions it had received from the slain mining magnate, the Sunday Times reported.

The notices, issued in November after in-camera sequestration hearings, demanded the return of "R24m in stolen money paid to the ANC and leading members from Kebble's personal account between 2002 and 2005".

Both the ANC and the Democratic Alliance were recipients of money Kebble had stolen from shareholders, the newspaper said.

The trustees had demanded R2.4m from the ANC in the Western Cape; R750 000 from the ANC in the Eastern Cape; R6m from the ANC Youth League; R14m from youth league member Lunga Ncwana and R860 000 from league committee member Songezo Mjongile.

The ANC did not want to repay the money and had appointed lawyers to negotiate with the trustees, the newspaper said.

Four senior ANC officials were questioned about the Kebble money at a secret sequestration hearing at the Wynberg magistrate's court last August.

The ANC told the hearing that the money was a donation and not refundable, the report said.

Indirect benefit

The party argued that Kebble received an indirect benefit in that his mining company was seen as sympathetic to the ANC, which he used to his advantage in pursuing BEE transactions.

The trustees were not convinced by the explanation and demanded that the money be paid back.

Ncwana told trustees that he used part of the R14m to buy two properties in Cape Town - one for himself for R4.7m and one for his mother for R1.2m.

He said the balance was paid to the ANC Youth League to organise its national conference in 2004.

Ncwana and Mjongile said they were entitled to receive the money as payment for services rendered to Kebble's company JCI.

They were among 29 people raided by the Scorpions last week.

The newspaper said the Scorpions had turned their attention to payments made to political parties.

When asked to comment, ANC spokesperson Smuts Ngonyama told Sapa: "I know nothing about that - the ANC wouldn't be able to comment on that."

When asked about the senior party officials reportedly at the sequestration hearing, Ngonyama said it was "a matter of individuals" that had got "nothing to do with the ANC".

DA repaid R250 000

DA spokesperson James Selfe said his party had been approached by the trustees and had repaid R250 000 that it had received.

"We were satisfied that the money had been received improperly and we have repaid the money in full and final settlement to the trustees."

The money had been received from a front company that "was quite clearly the recipient of money that had been improperly taken from JCI and other companies".

"We simply decided to pay the money back."
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Ncwana and Mjongile said they were entitled to receive the money as payment for services rendered to Kebble's company JCI.
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What services would that be?
 
BobbyMac said:
What services would that be?
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The outstretched backhand for lipservice, er service of course, nice home he bouight for himself and his mom. The redistribution of wealth is moving ahead swimmingly.
Helps to smooth over the taxman as well if you are 'nice' to the ANC and havent paid your dues in a decade.
 
Ncwana and Mjongile said they were entitled to receive the money as payment for services rendered to Kebble's company JCI.
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Tough tekkies.

If you steal a car and sell it to someone else, the person that bought it is still in posession of a stolen car, and has no right of ownership.

Kebble stole money and gave it to the ANC. It doesn't matter how legitimate the actual trade was, the money was stolen and it still belongs to the original owners, namely those the trustees are acting on behalf of.

I personally hope they nail the ANC over this, and force them to give them the money back. Maybe then the ANC will start to see the value in making sure that all transactions are on the up and up, so to speak.
 
The party argued that Kebble received an indirect benefit in that his mining company was seen as sympathetic to the ANC, which he used to his advantage in pursuing BEE transactions.
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And this is acceptable???
 
I remember the funeral of Kebble. All the ANC important people went and there was a flag and it seemed like a state funeral. That explains a lot.
 
The problem is the anc has difficulty in seeing themselfs as an entity apart from government.
As the anc benefited from the money, it will be the government, however, that has to pay back this money.
From money they get from you and me.
So, essentially, you and me will pay this money back.
:( :(
 
Heh.

If that happens I do believe the South African public will be entitled to sue the ANC for defrauding them, unless there's some special laws which prevents them from being sued thus.
 
Debbie2 said:
Unbelievable that this will not cause the uproar, resignations and jail time that it should.
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The uproar is unlikely to happen because everybody knows there'll be no resignations or jail time either way, so what's the point?
 
Ncwana told trustees that he used part of the R14m to buy two properties in Cape Town - one for himself for R4.7m and one for his mother for R1.2m.
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Oh this is just precious.
 
personally i dont see how they can ask for the money back, i mean no one knew it was stolen so surely its just a loss on the side of shareholders


dont see them ever gettoing that money back
 
Ncwana told trustees that he used part of the R14m to buy two properties in Cape Town - one for himself for R4.7m and one for his mother for R1.2m.

wondas if he paid tax on this amount? also wonda if SARS are remotely interested?
 
killadoob said:
personally i dont see how they can ask for the money back, i mean no one knew it was stolen so surely its just a loss on the side of shareholders


dont see them ever gettoing that money back
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Well, the DP paid theirs back ;)
 
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