New Economic Rights Alliance (Johannesburg)

South Africa: The 10 Questions Explained

It is our mandate to keep you informed of issues so serious that they effect the very foundation of our Consitution and your basic right to live.

Right now, our Members are outraged. These rights are being violated.

NewERA has uncovered an enormous banking scandal here in South Africa. Thanks to a series of overseas court cases, including this recent one, we believe that a golden age can now begin. These "greedy monsters" (the banks) must pay back the money they have stolen from the people so we can finally get this country on the right track. For example, one Member had a R250,000 car loan. He then received a statement from ABSA saying that he owed almost R5 million.

We have attached commentary which we believe explains why the banks will not answer ten simple questions. This document is critical for you to read.

PS. To update you: We have been all over the media, including the front page of the Business Review. We will be in court again shortly (not on the 28th as stated in the article) and we shall keep you informed with dates.

Please download 'The 10 Questions Explained' [pdf]

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