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Scam Latest: Sexwale claim regarding billions points to scam thesouthafrican.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesouthafrican.com Daily Mail and Mail on Sunday newspapers.
Charismatic African National Congress (ANC) veteran and businessman Mosima Gabriel “Tokyo” Sexwale was the talk of the nation over the last week after he appeared on television and claimed that he was privy to a Heritage Fund worth billions of rand that was stolen from. Minister of Finance Tito Mboweni and the South African Reserve Bank (SARB) were aware of the fund, according to Sexwale but the government quickly rubbished the claims, saying that the businessman had fallen victim to a “scam.” After Mboweni dismissed Sexwale’s claims, the ANC veteran was the butt of many jokes on social media, but he was not to be deterred. Sexwale announced that he would hold a press conference at 14:00 on Thursday, 22 April, after the government told him the onus to prove the existence of the fund. ....
TOKYO SEXWALE CLAIMS FUND WORTH BILLIONS IS BEING STOLEN FROM Sexwale dropped the bombshell on the eNCA talk show Truth to Power, which is hosted by JJ Tabane, on Sunday night, 18 April 2021. Sexwale said he and another unnamed person raised billions of rands that were provided by an extremely powerful family. “I am part of two people who are in charge of the Heritage Fund that belongs to a very powerful family out there in the world,” said Sexwale. “This fund is here in South Africa already, it comes through the SA Reserve Bank,” he added. “I’m part of two people who are mandate holders.” ....