Locked
WORLDVIEW: One man behind SA’s banking scandal. A fellow called Jason Katz.
This bad apple and a handful of associates in Johannesburg doesn’t make the entire SA banking system corrupt. And certainly isn’t grounds to award the Guptas a banking licence in the name of “promoting competition”.
By Alec Hogg
So now we know why Jacob Zuma tore into SA's big banks in his SONA address last week, while simultaneously praising the Competition Commission. On Wednesday, the Commission referred 17 banks to the Competition Tribunal because of colluding forex traders.
File Photo. President Jacob Zuma , Atul Gupta and Eastern Cape Premier Noxolo Kieviet at a New Age Breakfast in Port Elizabeth. www.flickr.com.
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