Special tribunal to claw back state's 'stolen' billions to start next week

surface

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Oct 23, 2006
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I wonder if is same or in addition to the last one you posted end of may? Amounts are different but some details look same "seven companies, five individuals and two family trusts"

Also, SIU needs to bloody raid Procurement officials as well.
 

TheChamp

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Bonywasawarrioraway

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I just worry that lets say we manage to claw back 10 billion realistically .... but all these tribunals and commissions ends up costing us 9 billion ... then what was the point really.

well, a billion rand, which is not chump change, but perhaps a little bit disappointing.

What I worry about is that we will spend ten and recover nine.
 

TheChamp

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Eighteen months into its establishment to fast track cases of malfeasance, fraud and corruption arising out of the investigations by the Special Investigating Unit (SIU), the Special Tribunal has been hard at work to discharge on its statutory mandate.

The Special Tribunal idea was first mooted 20 years ago when the Parliament enacted the SIU and the Special Tribunals Act 74 of 1996 to recover the monies largely identified as from the proceeds of unlawful activities which result in the bleeding and bankruptcy of the State.
 
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