Home Exclusive news “Zuma influenced my decision on ABSA payment” – Busiswe Mkhwebane

“Zuma influenced my decision on ABSA payment” – Busiswe Mkhwebane


Jacob Zuma stands accused of influencing many decisions he should have been nowhere near, as Eskom’s Zola Tsotsi will tell you. But it seems that he’s now overriding the decisions of fellow government officials, like Busiswe Mkhwebane

In an affidavit submitted to Pretoria High Court over the weekend, current Public Protector Mkhwebane admitted that she changed her mind on asking the President to lead a judicial inquiry into how Bankorp illegally profited from a billion-rand loan.

Bankorp’s role in apartheid looting


Earlier this year, Mkhwebane said in a report the country’s then government and the South African Reserve Bank (SARB) failed to recover an apartheid-era loan of R1.125 billion made between 1985 and 1995 to Bankorp Limited, which was subsequently bought by Absa Bank.

However, her affidavit has since been published by SARB. It reveals the influence that Jacob Zuma had over her decisions regarding the CIEX report. Incredibly, she cited the state capture report as an example of why she was pulling out of a review:

From the discussion during our meeting (with Zuma) I became concerned that my draft remedial action to direct the president to establish a judicial commission may face similar difficulties as currently faced in the State of Capture report.”