Calls for Mantashe's Axing Mount Amid Money-Laundering Allegations

Calls for Mantashe's Axing Mount Amid Money-Laundering Allegations

- The Democratic Alliance has called for Gwede Mantashe's removal from office, something they would consider a 'great service'

- This comes after the Minister's alleged ties to a money-laundering venture emerged in media reports

- The reports detailed allegations of how a number of subsidiary companies were used to syphon the cash

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The Democratic Alliance has condemned allegations of Gwede Mantashe's links to a money laundering venture.

Calls for Mantashe's Axing Mount Amid Money-Laundering Allegations

The DA is calling on Ramaphosa to axe Mantashe over the allegations. Image: GCIS/ Flickr
Source: UGC

In a statement following a number of media reports detailing the alleged syndicate, Shadow Minister Kevin Mileham says he believes that Cyril Ramaphosa would be doing SA 'a great service' if he elected to axe his comrade:

“With this in mind, President Ramaphosa would be doing the country a great service by removing him from any position, including that of Minister of Mineral Resources and Energy, where he can influence tenders or where his involvement in any way calls into question the legality and ethical management of government funds.”
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The reports claimed that the Gwede Mantashe Foundation had a hand in a scheme involving numerous subsidiary companies.

The Minister's wife is also believed to had illegally benefitted from a government contract.

Caswell Mokoena, COO of the Gwede Mantashe Foundation, was a director at Ntlokholo Investments.

This company received a number of questionable payments from Voltex, a Bidvest subsidiary. One of these payments, a cool R935 000, was intended as a donation to the Foundation.

Payments made to the COO were reportedly related to the National Solar Water Heating Programme, despite Ntlokholo not being involved in the tender.

The project was administered by the Minister's own department, which in and of itself raises a number of questions over the situation.

Mantashe's wife, Nolwandle Mantashe, was a director of a company called Royal Mnandi. This company is a beneficiary of a catering tender worth over R600 million.

The contract was to feed workers constructing Eskom's controversial Medupi and Khusile power stations.

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In response to these damning claims, Shadow Minister Kevin Mileham has called for a full investigation:

“Reports that the Gwede Mantashe Foundation may be involved in money laundering must be fully investigated and the Minister’s role in this scandal clarified. All of these coincidences raise serious questions about the man in whose orbit all these dodgy deals keep happening: Minister Gwede Mantashe himself.”

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Source: Briefly.co.za

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