NewsPoliticsState Capture

Koorbonally challenges Stals, Marcus, Manuel, Mboweni, Ramos, Gordan…to a public debate on ABSA theft

By Pinky Khoabane

Busisiwe-Mkhwebane-2Public Protector Busisiwe Mkwhebane

Private Forensic Investigator Jeff Koorbonally has entered  the ABSA apartheid looting debate. For those who don’t know Koorbonally, apart from being an investigator who investigated the South African Reserve Bank (SARB) in conjunction with ABSA, he’s a prolific letter-writer who’s probably written to all those “implicated” in the large-scale apartheid looting that took place on the eve of ANC’s reign. He’s also challenging the leadership of the ANC post-apartheid.

He has now asked for a public debate with former Governors of the Reserve Bank, Chris Stals, Tito Mboweni, Gill Marcus, former Finance Minister Trevor Manuel, Barclays Africa CEO and Manuel’s wife, Maria Ramos and Finance Minister Pravin Gordhan. “I challenge Chris Stals, Tito Mboweni, Gill Marcus, Trevor Manuel, Pravin Gordhan and Maria Ramos to go on open public media debate with me to defend themselves. They can bring Johan Rupert also on the Panel,” he declared.

UnCensored is the first to publish a series of his open letters, first to Gordhan, then to former Public Protector Thuli Madonsela and many others.

In his latest missive, he sent an open letter to Rupert in response to his claims that the CIEX report is a “work of fiction”. UnCensored will publish this letter tomorrow. “This is no Fiction, and I challenge Johan Rupert to call my investigation & findings Fiction. He will need to say that in an open live media debate with me. Am no British Spy, but a truly South African, an activist against injustices of financial crimes, white-collar crimes – historic and current,” he said.

Huffington Post wrote an article claiming that Stals, in the public protector’s report into ABSA, had confirmed that the financial institution had acknowledged the “lifeboat” and he had a written letter to the effect that it was willing to pay back the interest. In response, the former governor reportedly disputed the claim saying he had done everything to save the banking system. Koorbonally hit back calling the governor “one of the most corrupt Ex Governors”.

Koorbonally represents the Surtie family and he alleges that the family’s offshore inheritance was “politically blocked and retained in a Special Restricted account Antrecode 0000/4444 held at the Reserve Bank on behalf of the finance ministry since 1985”. The apartheid regime amended the Currency Act to legalise their theft, the investigator alleges.

Koorbonally says when the Currency Act was amended in 1996, in line with the Constitution of the Republic, the Surtie inheritance should have been released but it wasnt. He says the government should have at that time, advertised the unclaimed inheritance in line with the law. To Gordhan, he say: “Tell the public of this country that your ministry decided to further launder the Surtie family offshore inheritance into the fiscus system by means of re-issue of same bonds in 1996 and registration of them with BESA & putting them on Trade with both, first (JSE) & secondary World Stock markets (US,UK & others) and therefore committing the most serious act of money laundering and a serious violation of World Stock Markets rules & regulation”.




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  1. Its a year and six months and we still waiting for the debate, or at least the bank to pay back the money. PK what happened to this?

    1. I cant speak for the parties who were sacked by Pres JZ but are now back in the new administration but there’s a scheduled State Capture Commission where i hope Jeff Koorbanally will participate and take up this challenge he put up here.



  2. Sir, I really applaud your effort in trying to uproot the rampant corruption in both the private sector and the state. I also applaud your attitude of showing no favor nor fear in carrying out your investigations. However, although as much as we need the villains and delinquents to answer for their horrible crimes, I do not believe that it is in the nature of a villain/criminal to bring himself over to a platform in order to explain himself or to seek mercy. Only an innocent person does that in order to clear his name. I think so far we all know that these delinquents are not innocent. You can see that by just observing how they behave towards opportunities that are presented to them, for them to clear their names and come up clean. Instead of jumping at the opportunity, they run away. I think this tells the whole story.

    We should also not forget that these villains are operating within a system that was set up to do just what you are trying to uproot today. The laws of this country are based on the same corrupt system, of which its intended use, is to retain and keep the proceeds of crime from the beginning by all means possible. The proceeds of theft of the land, labor and resources of the inhabitants of this beautiful country of ours. They had to make those laws in order to prevent the victims from claiming back what rightfully belongs to them.

    The legal system of this country is based on Roman-Dutch law. This is not the law of the inhabitants of this land, instead, this is the law of our oppressors intended to keep the victim of theft from demanding all that was stolen from him. (Remember the Romans destroyed us in Jerusalem in 70 AD and then we had to run into Africa to hide from them. Centuries later, the same Romans, in the form of the Dutch invaded our country and stole our land and resources). It is indeed these same Romans in conjunction with the Arabs and Africans that came later on and took us as slaves from the shores of West Africa into the Western World and the Americas. That is why I always had a contention from the beginning that this country will never be free up until we overturn this country’s legal system on its head, since this is the law of our oppressors, that was not made to favor us but to keep us in perpetual servitude and slavery. I am giving you this background just to give you the magnitude of the whole issue, as well as to give a hint about the people that you are dealing with. These are not people who care to clear their name, these are people that are geared at protecting stolen wealth by any means possible.

    ABSA of course is just one of them. After all it is owned by the same oppressors that oppress us today. Going to show that theft runs through the veins of those that oppress us even today. ABSA is just a small fry in the whole scheme of things. It has its own little hand in the cookie jar too, but the biggest hand in the cookie jar today is the Romans in the form of European Union today. This EU, is the direct descendants of the our oppressors, the Romans, and it was formed for the same purposes of protecting stolen property.

    One should also notice and recognize the fact that White Global Wealth would not be here today if it were not for the Blacks/Bantu who were forced to provide both free labor as slaves, as well as to provide other resources in the form of their land and their mineral resources that were stolen by the oppressor, the Romans and their descendants. In fact, the lands that made White Global Wealth this wealthy, is the land of Blacks/Bantu. From Africa to South America to North America. Even China and Russian. No nation has succeeded to build its wealth without using the Blacks/Bantu as slaves, (Egypt, Assyria, Babylon, Medo-Persia, Greeks, Romans). The same people were forcibly used to provide free labor. The basis from which this Global Wealth emanates. Moreover that, it is the Blacks/Bantu/Negro people that were traded as a commodity, as cattle in their first stock market. The name stock was used to refer to our people in the stock market whilst white people were trading us in their market. In fact this should be referred to as the Blacks/Bantu/Negro market as that was a market that was developed to sell Black people by the whites to the other whites. These are a kind of people that you are dealing with.

    Therefore, ABSA is just a small fry in the global scheme of things as I said. Mind you I said the Blacks/Bantu/Negro intentionally in order to separate the 2 Black races that are automatically clubbed as Africans by the Westerners. We have 2 types of the so called African Black people. You have the pure Black Africans and another race of Black people that do not originate in Africa, but ran into Africa during 70 AD when the Romans destroyed Jerusalem/Zion in 70 AD through the hand of Vespasian and Titus, the Romans. The pure Black Africans are called Hamites as they descend from their forefather Ham. (Ethiopians, Egyptians, Libyans and Canaanites).The other group that ran into Africa from their fatherland Jerusalem during the Romans destruction are called Shemites as they descend from their forefather Shem. That is why it is the Bantu/Negro that are shemitic contrary to the lie that those white Khazars that are sitting in our land Jerusalem/Zion today are shemitic. Those are just converts that adopted our religion and stole it from us. In fact, these Hamites (Africans) we also in cahoots with the Romans and the Arabs in taking us as slaves.

    Once again, proof that theft runs through the veins of the Romans and therefore the EU and the UN. That is why you never hear these organisations pleading the cause of the oppressed and the destitute. Now, given the fact that they have stolen all our land and resources and used us a slaves to build such wealth, it then follows that since it is our land and since it is our resources and since it is our labor, the proceeds of all that, which is wealth, is ours, the Bantu/Negro. All these Bantu/Negro resources have not been paid for. The land was not purchased from the owners, it was stolen. The mineral resources were not purchased from the owners but were stolen and lastly, the labor was not purchased from the owners but was stolen. Therefore, the oppressors still owe us trillions and trillions of Rands/Dollars for the land, labor and minerals resources.

    ABSA therefore is a small fry in the grand scheme of things. I will follow a man who can show me how to recover all the stolen trillions and trillions of Rands/Dollars by the oppressors, the Romans and their descendants. This is wealth that we worked for by our labor, land and mineral resources. Sometimes, these little things are used steal attention from real issues by the powers that be and their cahoots , in order to derail us from the purpose at hand i.e. to recover the stolen loot. However I appreciate the little bit that you are doing. I only hope that our motives are the same.

  3. Hi Jeff
    I knew that there was something stinky going on in our banking sector……helped along by corrupt officials!
    Take them on …. the truth must emerge for us to move on!
    Jesse Samuels

  4. On a limelight Zuma that Zuma this,lets face the fact Zuma does not lead the country as an individua but collectively,if for instance there was looting on the ABSA subject,we have intelligence & private investigators who in this case must report their findings unless if this is a race card.

    1. It has never been about Zuma this and that from this angle,but Zuma as the President in the last resort. Intelligence,Law-Enforcement, NPA,OPP was brought into this matter as early as in 2010.what racecard are you suggesting it may be?

  5. I think that Mr Koorbanally should be allowed to debate the issue with the people mentioned. What have they got to hide. If he is wrong then we will all see that, but what if he is right?…………… Keep on writing PK

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