South Africa: EFF Statement On Khulubuse Zuma's Alleged Offshore Account and Illicit Financial Flows

press release

The Economic Freedom Fighters (EFF) notes media reports about leaks of "Panama Papers" that Mr. Zuma's nephew Khulubuse Zuma is named amongst political power players around the world hiding millions of rands in tax havens. The EFF further notes the report about Mr. Zuma's corrupt relation with the President of Democratic Republic of Congo (RDC), Mr Joseph Kabila, where his nephew is used as a front for corruption. It is clear Mr. Zuma had one intention when he occupied Presidency office, and it was not the interest of upholding the Constitution or to serve millions of South Africa, but to loot and use state resources such as military to secure mining contracts, and use South African National Defence Force as his own private security firm.

It has now become clear why the current government has no interest in tightening taxation laws to deal decisively with aggressive tax avoidance and illicit financial flows. The EFF has tirelessly raised the matter of weak tax legislation, including submission to the Davis Tax Committee, meeting with South Africa Revenue Services (SARS) Commissioner, letter to the Minister of Finance, and debates in Parliament. Amongst key progressive solutions put forward, it is a recommendation that South Africa must declare tax avoidance illegal, and companies together with individuals who continue to avoid tax aggressively must face strong penalties including imprisonment.

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