Pan Africanist Congress of Azania (PAC) is passing the motion of no confidence against the corrupt foreign auditing firm, KPMG.
We expected the media to instil public outrage but by look of things this is one of those stories. Those who control the media have capacity to agitate the public against the corrupt KPMG.
The PAC expects those who have been in the forefront of “Payback The Money” to heed the call for the corrupt KPMG to Payback the Money it has stolen over many decades. Calling them to the parliament is a futile exercise, we have president as well as executive who lie in parliament with impunity and heightened arrogance, so what will stop KPMG from doing what the ministers are doing in that dishonourable parliament?
It is clear that it is not only Jacob Zuma and ABSA who should payback the money benefited unduly but many have to join the call now which includes the corrupt KPMG?
We are worried that this corrupt KPMG was only exposed because of being ally to the Guptas. The key question is, was it going to be in the limelight if they were not “friends” with the Guptas?
Lastly, the PAC is calling for thorough investigation of all auditing firms but with a primary focus and zoom in into the corrupt KPMG, there is a lesson to be taught here.
It is in the capitalist arrangement where you find entities such as KPMG which are cornerstones and pillars of capitalism. Such companies are operating like mafias wherein they inflate prices of goods and services without any basis but they lie to a country blatantly.
SA must learn from American company, Enron, which resurrected into the market after collapsing for 12 years. We are afraid that KPMG will take the same the same precedence wherein it will disappear for a given time and later resurrect with a new name and logo.
Published on behalf of PAC by
Cde Narius Moloto
011 3313 414