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R41 380 513 104 000 000: The mind boggling amount Tokyo Sexwale claims was stolen

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R41 380 513 104 000 000: The mind boggling amount Tokyo Sexwale claims was stolen

While many believe – including the National Treasury and the Reserve Bank – that former ANC presidential hopeful, Tokyo Sexwale, was scammed after he recently came forward with allegations that billions of rand were siphoned from the Heritage Trust Fund, the Hawks are taking the allegations seriously.

National Police spokesperson, Colonel Katlego Mogale confirmed that investigators had been assigned to investigate two cases that had reported at Sandton Police Station. They are working closely with the prosecutors that handled similar allegations in the past.

Mogale said that the National Head of the Directorate for Priority Crime Investigation (Hawks), Lieutenant General Lebeya had personally perused the files and directed closer collaborations on the investigators of four matters that requires similar attention. Play Video Tokyo Sexwale briefs media on looting allegations ANC veteran Tokyo Sexwale is briefing the media after telling eNCA’s Power To Truth anchor JJ Tabane that billions set aside to help students were looted. Courtesy #DStv403

“The Hawks shall leave no stone unturned before reaching any conclusion on these matters,” she said.

According to Sexwale who called a press conference last week, an unnamed oligarch invested trillions of dollars in the Bank for International Settlements (BIS) in Basel, Switzerland.

He said the money was to be used by all African governments, including Indian Ocean Island countries, for their individual philanthropic and humanitarian work at an interest rate of less than 2%.

Sexwale said the funds were deposited in 2016 but he became one of the two South African mandate holders in January 2019.

He however alleged that billions of donor funds were stolen from the central bank and allegedly channelled to 18 local commercial banks including various prominent business people in the country.

Mogale confirmed the cases was reported on 13 March 2021 while the second case was reported on 13 April 2021.

“In the first case, the complainant stated that he was appointed as a Forensic investigator on 6 May 2013 by the Presidency. In support of his appointment, a two-page document signed by the erstwhile employee of the Department of Public Service and Administration (DPSA) was attached as part of the 101-page document. The purported authority include documents titled Power of Attorney signed by numerous representatives of tribal authorities. In this case, the complainant reports theft of gold worth one hundred and sixty three trillion rands only (R163 000 000 000 000-00) which was recorded between 1966 and 2021. The DPSA indicated that its former employee did not have authority to sign the letter, which is now used by the complainant,” Mogale said.

“In the second case, the same complainant states that he was appointed by the Presidency through the DPSA on 6 May 2013. In this case, he reports, in his 213-page document, the allegations of money laundering, fraud, theft under false pretences, high treason and racketeering. The amount lost is recorded as forty one quadrillion three hundred and thirteen billion one hundred and four million rand only (R41 380 513 104 000 000-00).

The theft includes the alleged monies stolen from former leader Gadaffi which was investigated and found to be untrue,” Mogale said.

Mogale said that the Hawks was “systematically searching for the truth”.

“Other allegations are reported to be the withholding of White Spiritual Boy and Spiritual Wonder Boy Accounts. Concerns include loaning money from International Monetary Fund (IMF) at high interest rate when countries have enormous reserves in terms of White Spiritual Boy and Spiritual Wonder Boy Accounts. The DPCI has taken note of internet reports relating to ’White Spiritual Boy and Spiritual Wonder Boy Accounts’ across the globe. Note has also been taken of the court judgement relating to Rosary Trust,” she said.

In a joint statement last week, National Treasury and the SARB said the allegations by Sexwale point to a scam.

“Over the years, National Treasury and the SARB have received many such requests for, or promises, of billions (and now trillions) of rands or dollars, and from experience regard these as simply scams. Any claim that such funds are meant for deserving causes such as Covid-19 relief, social grants or grants for free education are simply empty promises, to secure the interest of the potential victim,” Treasury and SARB said..

The Treasury and the Reserve Bank had previously received correspondence from Sexwale and many others alleging that billions of rands have been stolen from a fund that has been referred to as the ‘White Spiritual Boy Trust’ and which was set up by a foreign donor.

Subsequent investigations by the SARB confirmed that it had no record of the existence of the said fund and it had advised Sexwale in writing that, given the SARB’s experience and knowledge of this and other similar matters, it could only conclude that the alleged fund was a scam.

“It should be noted that Mr Sexwale is not the first prominent person acting on behalf of a Mr Webb or an unknown donor, for such funds, and such requests can be traced to many years before 2016.

“The SARB can confirm that all cross-border transactions are reported to the SARB by commercial banks who are appointed as Authorized Dealers in foreign exchange transactions. The SARB has concluded that there is no evidence to support the existence of such funds.”

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Mzansi

Lucky Montana demand evidence, zondo commission advocate to recuse himself

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zuma

Lucky Montana has demanded that the evidence leader of the State Capture Commission, advocate Vas Soni, recuse himself from proceedings.

Soni has been cross-examining Montana in relation to his controversial tenure at the rail agency, as well as allegations that he used R36 million of its funds to purchase properties around Gauteng with lawyer Riaan van der Walt.

Montana’s questionable property purchases in lush suburbs have faced immense scrutiny, even outside of the commission and he has denied there was anything dubious behind them.

Advocate Soni grilled Montana about his business relationship with Van der Walt, the director of a company called Precise Trade. He also had links to Siyangena Technologies, a company which irregularly scored billions worth of contracts with Prasa. Both Montana and Van der Walt have enjoyed a rather profitable relationship, to say the least.

“Soni should recuse himself. He is showing signs of being biased. It is not in the interest of justice to continue like this. This narrative that Siyangena was given R4 million in contracts. The allegations were that it, for sure, made payments towards my properties through TTM Holdings,” Montana said.

“There is no Siyangena in any of the properties I have invested in. He is conflicted. He is so emotionally invested and passionate about this, because if I was not here, we were going to move from the basis that TTM paid Precise Trade. TTM did not pay Precise Trade”


It is alleged Montana used a shell company named Trade and Invest to purchase the houses through Van der Walt who has since left the country.

This isn’t the first time Montana has taken issue with Soni, having told the commission back in April that he is conflicted, having done work for Werksmans Attorneys.

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Mzansi

Thuso Mbedu Gushes About Working with Amazing American Director Barry Jenkins

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mbedu

Thuso Mbedu took to social media to gush about working with award-winning international director Barry Jenkins. The actress worked with the US director on the set of Amazon Prime series The Underground Railroad.

Thuso Mbedu gushed about working with amazing American director Barry Jenkins. Image: @thuso.mbedu Source: Instagram Thuso took to Instagram and shared that many people had asked her what it was like working with the Oscar award-winning Jenkins.

She then responded with a lengthy answer to the question on everyone’s lips. Along with snaps and vids of Jenkins she took while on set, Thuso said: “Working with Barry was amazing. It was one of the easiest things I’ve done. He makes it easy, man. It’s like having a conversation an easy, flowing, unforced conversation.

We all knew and understood what we’re working towards and, through collaboration, we were able to help each other get there.” She shared that Jenkins showed the cast what humanity looked like.

Thuso said Barry is also very kind, crazy and funny and so welcoming. The stunner expressed that Jenkins is also respectful of everyone. The Underground Railroad comes out on Friday, 14 May, said Thuso.

Thuso’s fans took to her comment section to react to her post. Check out some comments below: chesty’m said: “Exactly how I imagined him to be then.” dejadeetv wrote: “AGREED!!! He was/is AMAZING & Brilliant!”

Friday can’t get here sooner.” vilithuleka wrote: “I love your playful nature Thuso.” maps_mellisa_andy commented: “3rd frame had my heart jumping like yeessss go quuueeen.” ayisto_swazi added: “FRIDAY issssss a date!” In related news, Briefly News reported that Natasha Thahane has reacted to the news that Thuso Mbedu is set to star alongside US actress Viola Davis.

The Blood & Water actress took to social media and congratulated Thuso for bagging a role alongside one of America’s greatest actresses. Natasha took to Instagram on Thursday, 29 April and shared a screenshot of the article about Thuso’s good news.

She captioned her post: “What a MOMENT! @thuso.mbedu You are the MOMENT! I’m proud of you galingz, ninja! Continue to confidently receive God’s abundant blessings.

” The Underground Railroad actress also took to Natasha’s comment section to show her appreciation following the post. She replied: “Thanks galingz.” Instagram’s users took to Natasha’s timeline to react to her post. They also congratulated the talented Mzansi actress.

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Nelson Mandela’s grandson, TV presenter Mayibuye Mandela bashed by police

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mandela

Nelson Mandela’s great-grandson, television presenter and political activist Mayibuye Mandela, has opened a case of assault against the police, whom he claims beat him without provocation at the weekend.

Mandela, 27, told the Dispatch his legal team was writing to SA police minister Bheki Cele, national police commissioner Gen Khehla Sitole and provincial police commissioner Lt-gen Liziwe Ntshinga about his intention to sue the SAPS for police brutality.

He said he and two friends were driving in a bakkie on the gravel road from Mqhekezweni great place outside Mthatha at 8.30pm on Saturday when they were stopped by four police officers. “It was raining. They told us to get out of the vehicle as they wanted to search it.

“They ordered me to lie on my stomach face down in the dirt. I told them it was raining and I would get dirty. I asked if I could lean against the car so that they could do whatever they wanted to do.”

Mandela said one of them accused him of thinking he knew too much about the law.

“A policewoman and a policeman started beating me with a stick. They forced me down and I ended up sustaining bruises to my face as they put their boots on my head to suppress me.”

Mandela said his other two friends were slapped in the face by the two police officers. He said the attack on him lasted about five minutes. He said he had bruises on his back from being beaten with a stick.

One of his two companions was an older man who is a lawyer by profession. Mandela said all three had been ordered to lie flat on their stomachs.

“I kept on complaining and questioning why we should have to lie down. It’s not like they found anything wrong in the car.”

He said afterwards they had been ordered to get into their bakkie and “get out of here”.

Initially the trio wanted to drive directly to the Bityi police station but the police officers told them they would probably meet more police officers on the road.

So instead they drove to the lawyer’s home in Mqhekezweni, where they spent the night. He said he took pictures of his injuries before going to bed.

“I went to the doctor on Sunday and immediately after that I went to the Mthatha central police station to open a case but batshona bevela phaya [they were ducking and diving there]. They told me I had to go to Bityi but I told them I did not have a car to get there.”

He said he went to the Madeira police station and after being sent from pillar to post, eventually managed to open a case.

But he only received an SMS confirming the case number on Tuesday.

Sinaye Tywaku, 21, who is from Tsolo and had gone to attend an event at Mqhekezweni, was Mandela’s other companion at the time of the incident.

He said he had been beaten with a stick on his knee by the police officers.

“I can’t straighten my knee even now,” he told the Dispatch on Tuesday.

He said the trio had not done anything to provoke the police. He had also been ordered to lie down on his stomach.

Tywaku said he was trying to open his own assault case against the police.

Mandela said acts of police brutality had no place in a new and democratic SA.

“I am still in shock. It is not because of my surname that I am doing this [laying charges]. It is because police need to understand that in this day and age, police brutality cannot be tolerated.”

The Johannesburg-based Mandela presents a political programme on Mpumalanga Broadcasting TV.

He described the officers’ actions as reminiscent of the apartheid regime.

He also accused the cops of copying the brutal Americanstyle policing that led to the death of George Floyd.

Floyd died in Minneapolis, Minnesota after police officer Derek Chauvin kept his knee on Floyd’s neck for nine and half minutes.

Provincial police spokesperson Brig Tembinkosi Kinana confirmed on Tuesday that a case of assault had been opened at Bityi police station.

He said the Independent Police Investigations Directorate would take over the investigation and declined to comment further.

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