Mkhwebane must explain conspiring with Presidency before Bankorp report release

The South African Reserve Bank (Sarb) wants Public Protector Busisiwe Mkhwebane to explain why she met with the Presidency and the State Security Agency upon releasing her Bankorp report.

The Bank has accused Mkhwebane of conspiring with the two parties to attack and undermine the authority of the central bank.

EWN reporter, Barry Bateman says this was discovered when the Public Protector released documents that were deemed as confidential when the bank was looking to challenge her report.

It has come to light that there was a decision between Mkhwebane and the Presidency's legal advisor in June. This was 12 days before the release of the final report.

Barry Bateman, EWN reporter

What has emerged, and this was in Mkhwebane's minutes which she had hand written, was " among the issues that we have discussed with the Presidency was this remedial action to amend the Constitution to change the Reserve Bank's mandate.

Barry Bateman, EWN reporter

So this very serious change that will affect the Reserve Bank was discussed with the Presidency and not with the Reserve Bank itself.

Barry Bateman, EWN reporter

To hear more of this interview with Barry Bateman, listen below:


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