Rational Perspective

There’s a bucket full of toxins floating around South Africa right now as those who engaged in industrial scale plunder during the Zuma era shore up their defences. In the court of law they are applying the Stalingrad tactic (endlesss delays in the hope of eventually exhausting your opponent). In the court of public opinion, it’s a strategy of diverting attention by sowing confusion. And occasionally the dirty tricks hit the jackpot. Two weeks ago Parliamentarian Bantu Holomisa sent a scathing five page letter on his UDM Party letterhead to president Cyril Ramaphosa urging him to investigate four black businessmen whom he accused of systematically plundering the Public Investment Corporation. Holomisa names Tshepo Mahloele as the kingpin in a corrupt nexus with PIC chief executive Dan Matjila, former deputy finance minister Jabu Moloketi and Warren Wheatley, a director of Mahloele's rapidly developing financial business Lebashe. 51 year old Mahloele worked for Rand Merchant Bank, CDC, the PIC and the Devel