Posted by: Alex
From the Mail & Guardian Online:
R1-billion was “looted” from the Land Bank, the Ministry of Agriculture and Land Affairs said on Wednesday.
“The amounts reported as ‘looted’ in the weekend newspapers are inaccurate,” said ministry spokesperson Godfrey Mdhluli.
Last week, the Sunday Times reported that top Land Bank officials had siphoned off more than R2-billion meant for farmers, to fund their close friends’ and associates’ ventures.
I know it’s double the amount, but is there really any pride or anything redeeming in saying “Well it wasn’t 2 billion that we ‘mismanaged’, it was actually only 1 billion”?
November 15th, 2007 at 11:03 am
Is anyone really suprised by this revelation adding insult to injury “we only stole R1 million not R2 million” As for the “looted” tag even more insulting. As far as i am aware “looting” only happens when society breaks down and it is every man/woman for himself/herself on second thoughts maybe it was looting