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ANCYL attacks Rupert family

Jul 27 2011 13:01
I-Net Bridge

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NASPERS LIMITED [JSE:NPN]

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Last Updated: 22-07-2016 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

BARCLAYS AFRICA GROUP LIMITED [JSE:BGA]

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Johannesburg - The Rupert family has a history of funding SA's previous apartheid regime, the ANC Youth League (ANCYL) claimed on Wednesday.

As part of its reaction to questions about its president Julius Malema's trust fund, the ANCYL stated that it was the Rupert family which was the majority shareholder of "the Afrikaner dominated and controlled Naspers [JSE:NPN] of which senior management is 100% white and male".

The ANCYL added that Naspers owns Media24 which controls Rapport, Die Beeld, City Press and the Daily Sun newspapers.

City Press newspaper on Sunday published an article saying Limpopo businessmen were paying money into Malema's trust fund account in return for government tenders. The ANCYL has strongly denied this.

"All these publications replicate the apartheid ideology of white supremacy and portray black people as corrupt or superstitious human beings with no potential to develop and engage in conscious social, political and economic issues confronting South Africa."

However, Johann Rupert told I-Net Bridge that the family had never funded apartheid.

"The ANCYL is like a mosquito in one's tent," he said, without further comment.

Fighting back by pointing fingers


The ANCYL also said it wanted to know how much farm and agricultural land the Rupert family owned in SA today and how the family had acquired this land.

One of SA's largest banks, Absa Group [JSE:ASA], was also fingered by the ANCYL.

"What is the role of ABSA, whose CEO, Mario Ramos, has publicly opposed the policy positions of the ANCYL, particularly on the nationalisation of mines?"

And then it was nongovernmental civil rights organisation AfriForum's turn.

The ANCYL claimed that the relationship between Media24 "and right-wing formations, in particular AfriForum", should be explained because AfriForum had been running "STOP MALEMA" adverts in Media24 publications for free "for many months now".

On the weekend, AfriForum opened a corruption case against the ANCYL's president, following City Press's report that Malema had a trust fund for deposits from businessmen in Limpopo.

AfriForum laid the complaint in accordance with the Prevention and Combating of Corrupt Activities Act of 2004.


*Fin24 is a Naspers publication.
city press  |  naspers  |  ancyl  |  julius malema

 
 
 

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