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Employment minister Thulas Nxeni halts R5 billion investment in Thuja Capital Fund

mojoman said:
Could just be an honest mistake...
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Maybe the following could also be honest mistakes. Problem is, there are so MANY of these same types of "mistakes" by the ANC government

Ok. Where should I start....

1) The Gupta-brothers state capture could be an honest mistake
2) Zuma's arms deal corruption could be an honest mistake
3) Ramaphosa's Bank Phala Phala couch could be an honest mistake.
4) Prasa's purchase of the too large locomotives could be an honest mistake.
5) Corruption and destruction of Eskom could be an honest mistake
6) Corruption and destruction of SA Post Office could be an honest mistake
7) Corruption and destruction of Denel could be an honest mistake
8) Corruption and destruction of SAA could be an honest mistake
9) Corruption and destruction of SABC could be an honest mistake
etc...................

The list is actually never-ending.

If these are all honest mistakes, when are the stupid, pathetic, mafia ANC cadres going to learn from their mistakes
 
ConfusedR said:
Maybe the following could also be honest mistakes. Problem is, there are so MANY of these same types of "mistakes" by the ANC government

Ok. Where should I start....

1) The Gupta-brothers state capture could be an honest mistake
2) Zuma's arms deal corruption could be an honest mistake
3) Ramaphosa's Bank Phala Phala couch could be an honest mistake.
4) Prasa's purchase of the too large locomotives could be an honest mistake.
5) Corruption and destruction of Eskom could be an honest mistake
6) Corruption and destruction of SA Post Office could be an honest mistake
7) Corruption and destruction of Denel could be an honest mistake
8) Corruption and destruction of SAA could be an honest mistake
9) Corruption and destruction of SABC could be an honest mistake
etc...................

The list is actually never-ending.

If these are all honest mistakes, when are the stupid, pathetic, mafia ANC cadres going to learn from their mistakes
Click to expand...

I haven't updated this list of ANC mistakes for a few years but here goes anyway:


1. Arms deal mass corruption
2. E-tolling
3. Jacob Zuma's Nkandla Homestead Project (Project Prestige)
4. Nkandla Freeway Project
5. Misuse of the plastic bag levy funds
6. Police Buildings and the exorbitant lease saga
7. Travelgate
8. Tony Yengeni's arrest
9. Jackie Selebi and everything about the trial
10. Jackie Selebi's parole
11. Shabir Schaik's trial
12. Schabir Shaik's parole
13. Richard Mdluli's slush fund
14. Richard Mdluli's abuse of safe houses
15. Richard Mdluli's travel agency scam
16. Richard Mdluli's abuse of state owned vehicles
17. Manto Tshabalala-Msimang's liver transplant
18. Nathi Mtethwa's private residence upgrade with public funds
19. Julius Malema's Limpopo feeding programme
20. Ntau Letebele's transport tender in Limpopo
21. Julius Malema's transport tender in Limpopo
22. School feeding schemes in the Eastern Cape
23. Ms Dina Pule and the ITC Indaba
24. Limpopo textbooks saga
25. Moses Kotane Development Agency corruption
26. Msunduzi municipality officials using more than R1m of taxpayers' money to fund an ANC rally.
27. Mthatha corruption case over fraudulent legal jobs didn't exist
28. Ekurhuleni municipality corruption in awarding water meter contracts to Lesira-Teq
29. Thaba Chweu local municipality's misuse of R3m in 2009
30. Endemic corruption at Nala Local Municipality to the point that treasury have cut them off
31. Desiree Tlhoaele's axing after going after corrupt officials in sports, arts and culture
32. Viking testing station's corrupt examiners
33. Police officers Linda Mlambo and Mahlang Shaku fraudulenty conning motorists out of cash
34. Sandton officers arrested for corruption after extorting money from a motorists
35. Willie Hofmeyer's axing
36. Mvula Trust and the Department of Cooperative Governance and Traditional Affairs' job creation fraud to the tune of hundreds of millions of rands
37. Government's endemic over-use and over-pay of consultants
38. Glynnis Breytenbach's axing
39. The spy-tape saga
40. Thosan Panday corruption in KZN
41. KZN's misuse of R785m in 2011
42. Madibeng municipality awarding millions in tenders to its own employees
43. Madibeng municipality's taxation scam with its employees
44. Madibeng municipality paying money to fictitious companies for fictitious work
45. Madibeng municipality paying for funerals that never took place
46. Madibeng municipality paying for home renovations for its employees
47. Taung municipality paying triple digit increases without consultation
48. Morake Incorporated Attorneys & the Rustenburg provincial department - R13m paid in fees for a disciplinary hearing
49. Endemic corruption at Mbhashe municipality to the point of the mayor and 7 others being fired
50. Corruption exposed by SIU at Rustenburg and Madibeng local municipalities
51. Corruption exposed by SIU at Moses Kotane
52. Corruption exposed by SIU at Bojanala District
53. Corruption exposed by SIU at Ventersdorp
54. Corruption exposed by SIU at Greater Taung
55. Corruption exposed by SIU at Tswaing
56. Corruption exposed by SIU at Ramotshere Moiloa
57. Corruption exposed by SIU at Mahikeng
58. Corruption exposed by SIU at Dr Kenneth Kaunda District
59. Corruption exposed by SIU at Maquassi Hill
60. Corruption exposed by SIU at Moretele
61. Corruption exposed by SIU at Lekwa-Teemane
62. Corruption exposed by SIU at Ngaka
63. Corruption exposed by SIU at Modiri Molema District
64. Corruption exposed by SIU at Ditsobotla
65. Corruption exposed by SIU at Kagisano
66. Corruption exposed by SIU at Kgetlengrivier
67. Corruption exposed by SIU at Ratlou
68. Corruption exposed by SIU at Dr Ruth Mompati District
69. Corruption exposed by SIU at Naledi Local Municipality
70. Awarding of tenders to Vivian Reddy following Zuma intervention
71. Twenty five cases, involving R768 827 043 in KZN in 2010 alone
72. The Glen Agliotti case
73. Diverting of public funds to Swazi King
74. Diverting of public funds to Robert Mugabe
75. Diverting of public funds to Zanu-PF
76. Funding of military equipment in Zimbabwe with SA public funds
77. Fraud, corruption, tender-rigging, kickbacks and irregular appointments at Tshwane municipality
78. Endemic corruption at the heart of Mpumalanga municipality including physical violence to avoid publication of facts
79. Public Works' endemic misuse of public funds for private residences of government officials, disguised as security upgrades.
80. Public Works leasing back property from its own employees for official use, while footing the initial bill too
81. BEE fronting for SAPS land deals outside of the main contract for PTA head office through Roux Shabangu
82. R44 million in improper bonuses paid out by SABC to directors
83. SABC paying fictitious staff
84. ANC controlling SABC with threats of fund withdrawals
85. SABC awarding tenders to its own employees
86. Ekurhuleni employees signing off on deals that do not exist
87. Land fraud in KZN worth R50m involving three officials and a businessman for farms and other properties
88. Department of arts and culture misuse of R42m during the soccer world cup
89. Loss of dockets relating to high profile corruption cases
90. Education department officials involved in examination selling
91. Parastatals' inflated sponsorship of events hosted by the Guptas and New Age
92. New Age website having massive funds diverted its way from government budgets without readership stats to speak of
93. The City of Johannesburg rigging a large tender in favour of Regiments, an ANC-connected empowerment firm central to a consortium that made the JHB mayor's wife a *multimillionaire.
94. On-Point Engineering securing Limpopo tenders through Julius Malema and his accomplices
95. Amathole district municipality awarding irregular tenders relating to vehicle tracking
96. John Block's R112m tender fraud relating to water purification equipment
97. Gaston Savoi's R112m tender fraud relating to water purification equipment
98. DoC official awarding R500k tender to his wife
99. Martin Masemola from Dept of Minerals & Energy receiving financial kickbacks and land for favours to friends and family
 
Continued:

100. Bosasa and Correctional Services corruption to the tune of R3bn in tender rigging
101. Public Works corrupt relationship with Saab and the blacked out agreements that not even they are entitled to
102. R63 million tender fraud at Limpopo traffic department involving Mbhazima Sithole, 45, Felix Baloyi, 34, Mphateleni Musubu, 43, and Lufuno Muladi, 27, all directors of various companies that secured tenders illegally
103. Gauteng Finance dept awarding R23m in IT tenders fraudulently
104. Kelly Group securing labour broking tenders worth R372m by BEE fronting
105. Eastern Cape health department and their tender fraud worth over R800m in just one single case
106. Obed Mlaba securing tenders to the value of R3bn in KZN
107. KZN misuse of public money to the tune of R532m in 2009
108. Public Works in Limpopo involved in tender fraud for undisclosed sum late last year
109. Tshwane kickback scheme for tenders to the tune of R1b
110. Tshwane maladministration in their financial dept for undisclosed sum
111. Philemon Mohlahlane (ex Land Bank CEO) embezzling R19m out of the Land Bank for his personal and business use
112. Prestige Portfolio tender corruption at Public Works as investigated by SIU (this appears to be linked to Project prestige - Zuma's development)
113. Bobby Motaung's multi-million rand fraud involving stadium tenders
114. Ekurhuleni Metro IT tender for R21m that was used to buy Porsches and Mercs
115. Limpopo transport tender fraud of R63m
116. Limpopo Premier Cassel Mathale's influence in awarding tenders
117. Buffalo City Metro tender fraud of R12m
118. Ekurhuleni Chief Financial Officer Mr Zakes Myeza, Chief Director Water and Sanitation Mr Slindokuhle Hadebe, Acting Head of Department of then Roads and Stormwater Mr Moses Maliba, Junior Official Water and Sanitation Ms Nomusa Malimabe and Independent Contractor Mr Miyelani Holeni's all involved in tender fraud worth R166m
119. Julius' cousing Tshepo Malema involved in corruption and fraud through the government worth R63m
120. Pikitup tender fraud relating to contracts awarded through City of Johannesburg for undisclosed sum
121. Vivian Reddy's company awarded an inflated contract of R1.25bn for smart electricity meter reading in Joburg despite never having done anything like it before
122. Xhariep district mayor Mongi Ntwanambi's fraudulent travel expenses claims costing half a million rand a year
123. Free State Government paying R140million for their website created with a $40 Wordpress template
124. Limpopo Health's unaccounted for R739m tender spend for 2012
125. Gauteng Health's R1bn corruption in 2010
126. ANC's investment body, Chancellor House, receiving yet another state tender worth billions of rands
127. ANC's investment arm, Chancellor House, receiving millions from the Medupi & Kusile deals
128. ANC's investment arm, Chancellor House, to benefit significantly from R40bn Eskom tenders
129. The spending of more than R13.5m on Nomvula Mokonyane's home. A home that was purchased for R11.5m
130. Marius Fransman ANC Western cape 500 million irregular expenditure
131. 24 million Land Bank theft by management and politicians
132. Gijima multi Billion deal cancelled but they still got 2 billion and continue to work at Home Affairs
133. Transnet locomotive deal 5.3 billion to the GUPTAS
134. 2.5 Billion farmer drought relief yet only a few million was ever given to the farmers
135. 570 million diverted to Gupta dairy farm
136. 30 million Tax payers money used for Gupta wedding
137. SARS TAX refund 70 million to the Guptas
138. 1.5 billion Mkinsey , Gupta owned Trillian consulting deal from Eskom, Trillion got 500 million, Eskom exces could not say why
139. Koko’s stepdaughters company being given over 1 Billion in contracts
140. Transnet awarded a R1.8 billion tender to Neotel, resulting in a R36 million kickback to a Gupta company
141. SAP Transnet deal 100 million kickback to Guptas
142. The Department of Human spent R10m in flowers and gifts
143. Eskom Molefe 30 million payout
144. Software AEG kickback to Guptas for government business
145. Illegal 1 .3 million Molefe Tax benefit
146. Illegal 70 billion Chinese deals no tender
147. 3.5 Billion BlockChain transfer from SA to Dubai August 2017
 
ConfusedR said:
Maybe the following could also be honest mistakes. Problem is, there are so MANY of these same types of "mistakes" by the ANC government

Ok. Where should I start....

1) The Gupta-brothers state capture could be an honest mistake
2) Zuma's arms deal corruption could be an honest mistake
3) Ramaphosa's Bank Phala Phala couch could be an honest mistake.
4) Prasa's purchase of the too large locomotives could be an honest mistake.
5) Corruption and destruction of Eskom could be an honest mistake
6) Corruption and destruction of SA Post Office could be an honest mistake
7) Corruption and destruction of Denel could be an honest mistake
8) Corruption and destruction of SAA could be an honest mistake
9) Corruption and destruction of SABC could be an honest mistake
etc...................

The list is actually never-ending.

If these are all honest mistakes, when are the stupid, pathetic, mafia ANC cadres going to learn from their mistakes
Click to expand...
Woosh
 
TheChamp said:
I don't need to tell anything to Parliament, they never claimed they were conned out of anything, you are the one who made the claim, hence I am responding to you.
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Ag shame, looks like you are triggered, have an ANC sucker.

ANC_Sucker..png
 
TheChamp said:
To be fair, saying he conned anyone into supporting his ILO DG campaign is just laying it on a bit too thick.
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TheChamp said:
I don't need to tell anything to Parliament, they never claimed they were conned out of anything, you are the one who made the claim, hence I am responding to you.
Click to expand...

You just keep on running interference for your thieving, corrupt struggle heroes...as it makes you seemingly feel better about life.

Sad....
 
TheMightyQuinn said:
This is MUCH more telling...the one that got away:

The UIF was also in the spotlight recently for spending R221 million in three months training people who already had jobs.


It paid R344 million to a company called Fuze Institute for Humanitarian and Development Praxis to train the workers.


The training initiative formed part of the UIF’s Employability Initiative programme aimed at creating 65,669 permanent jobs in the country. UIF insiders reportedly described the project as a “free for all”.


It saw 14,771 workers in KwaZulu-Natal trained to cook and provide meals for students in the province that benefit from the School Nutrition Programme.


However, it was discovered that the workers were employed on 24-month contracts long before their training began.


A senior official at UIF said training for all 61,000 food handlers who were set to benefit from the programme could have cost a third of the R344 million spent.

The money was reportedly spent as follows:

  • R22 million on overalls, hats, aprons, and masks;
  • R17 million on unspecified “tools of trade”;
  • A stipend of R1,050 a month for three months for the workers;
  • A R24 million project-management fee; and,
  • R14.7 million for support.

Blatant thievery....business as usual.
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UIF is going to be technically bankrupt in the next 5 years. This is probably only the tip of the iceberg.
 
TheChamp said:
There's nothing much wrong with training cooks, the development of people should look at both professional and vocational training. There is enough support available for engineer and other training through institutions of higher learning. Labour is looking at skill ing the lowly people who would otherwise not have any chance at any meaningful skills development, that is where this is coming from.
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Based on what?

The R24 million project-management fee ? Im sure that goes to all the the poor people ...

You live in LA LA LAND.
 
In other news, Bentley are sitting with a load of SUVs they can't sell
 
Most likely realized the fund didn't actually have the 5bn to invest....
 
diesel said:
Most likely realized the fund didn't actually have the 5bn to invest....
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Oh it did have it to 'invest' but thulas had to stop it because the public found out about the deal, not because it was a stupid deal that would enrich a connected cadre at the expense of the unemployed citizens.
 
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