SACP calls for probe into apartheid state looting
The South African Communist Party (SACP) has called for a full investigation into the alleged looting of state coffers during the apartheid era. This follows the leaking of a preliminary Public Protector’s report. It contains recommendations that Absa Bank pay the Reserve Bank R2.25 billion. An investigation conducted in 1997 by a UK-based asset recovery agency, CIEX, apparently suggested to the Reserve Bank that it should recover billions from Bankorp […]