Today's Labour News

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SaftueNCA reports that the SA Federation of Trade Unions (Saftu) has applauded the Asset Forfeiture Unit (AFU) team for obtaining an order to freeze assets worth R1.6bn belonging to Gupta-linked firms that stole money from Eskom, namely Trillian and McKinsey and Co.  

A statement released by the federation on Monday read:  "Through Salim Essa’s Trillian, millions of looted wealth were diverted into Gupta bank accounts.  We want that R595 million returned to state coffers with interest and penalties."  Saftu claimed that through McKinsey and Trillian, R1.1-billion was paid to a multinational consulting firm through corruption.  It called the firm "enablers of elite looting" and demanded the money be paid back with interest.  The statement continued:  "The order granted against McKinsey and Trillian is the result of constant pressure by Saftu and the good work of honest AFU lawyers and investigators.  It is the beginning of the closing of the net but it is not evidence of Shaun Abrahams’ (NPA head’s) work.  It occurred despite him.  The time has come for him to leave the NPA in the hands of dedicated and uncaptured souls."  The federation then called on the AFU to act quickly against other corrupt actors and offered its support to "dredge [the state] clean of the old order".

  • Read this report in full at eNCA
  • See too, The net is closing on corruption, says Saftu, at Business Report
  • And also, Saftu commends NPA for preservation order against McKinsey, Trillian, at EWN
  • Read Saftu’s press statement at Saftu online

Get other news reports at the SA Labour News home page