Question NW1700 to the Minister of Justice and Correctional Services

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30 August 2016 - NW1700

Profile picture: Maynier, Mr D

Maynier, Mr D to ask the Minister of Justice and Correctional Services

Whether the National Director of Public Prosecutions received a copy of the final report prepared by Advocate John Myburgh into the collapse of African Bank, entitled African Bank Limited: Investigation in terms of s69A of the Banks Act, 94 of 1990; if not, why not; if so, (a) what is the name of the person(s) who handed the specified report to him and (b) on what date was the specified report handed to the National Prosecuting Authority; 2) whether the specified report has been referred for further investigation; if not, why not; if so, what are the relevant details?

Reply:

1. The National Director of Public Prosecutions has (indeed) received the report prepared by Advocate John Myburgh SC entitled African Bank Limited: Investigation in terms of section 69A of the Banks Act, 94 of 1990.

    (a) The said report was handed by DR Johann de Jager the General Counsel of the South African Reserve Bank.

    (b) The said report was handed to the National Prosecuting Authority on 17 May 2016.

2. The said report has not yet been referred for any further investigation. The report consists of over 833 pages and is currently being perused by the prosecutor who has been assigned to the matter. Any action required will be taken after the perusal of the report has been completed.

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