For those who think there was no corruption during apartheid, that it is something only the ANC ever does and that if only we could get rid of the ANC corruption would end...
http://www.fin24.com/Economy/New-probe-into-apartheid-era-plunder-20110706
The plunder, involving various companies and prominent businessmen, relates to numerous alleged illegal transactions amounting to as much as R200bn.
The SA Reserve Bank, Absa Group [JSE:ASA], Sanlam [JSE:SLM], Rembrandt (now Remgro [JSE:REM]), KWV and even the Dutch Reformed Church have apparently been named in a confidential report, which was compiled by a British forensic investigation firm and handed to the South African government in 1999.
The Ciex report (of which Beeld has obtained a copy) states that during an unrelated investigation in 1995 an apparently illegal payment of R3.2bn was made by the Reserve Bank to Absa’s predecessor, Bankorp, in which several prominent businessmen, who are mentioned by name, were involved.
Hennie van Vuuren, a senior researcher at the Institute for Security Studies (ISS), who has researched apartheid corruption, says the Treasury was extensively "plundered" between 1976 and 1994, as the Ciex report shows.
http://www.fin24.com/Economy/New-probe-into-apartheid-era-plunder-20110706