A new twist in the Tokyo Sexwale “stolen quadrillion” saga has appeared – after the fund invited ANC government, to a Bank in Singapore. The chairman of the Worldwide Proxy and Trustee of the White Spiritual Boy (WSB) and Spiritual Wonder Boy (SWB) Heritage Funds, Mr Chark Leong Boey, has written a letter in his personal capacity, in an effort to clarify the confusion around the Heritage Fund. The Hawks on Monday confirmed that they were investigating two cases of alleged theft amounting to over R41 quadrillion.
Hawks Confirm They are Investigating Two Cases of Alleged Theft from SARB Amounting to over R41 Quadrillion Linked to Tokyo Sexwale!
South Africa getting deeper into debt:- City of Cape Town to borrow R4bn from German state-owned KfW Bank
Posted on Leave a comment
The plan is to inject investment into the city’s capital programme. On Tuesday, at the mayoral committee meeting, it was revealed that the City of Cape Town is prepared to secure an R4-billion loan within the next three years from the German government-owned Kreditanstalt für Wiederaufbau (KfW) Development Bank.
Continue reading…