Forum For Democrats

FFD statement on Tokyo Sexwale allegations
·Apr 30, 2021

Forum For Democrats is calling on the Hawks to take the allegations made by Tokyo serious. While many believe - including the National Treasury and the Reserve Bank - that Tokyo Sexwale, was scammed after he recently came forward with allegations that billions of rand were siphoned from the Heritage Trust Fund, the Hawks shall leave no stone unturned before reaching any conclusion on these matters. According to Sexwale who called press conference last week, an unnamed oligarch invested trillions of dollars in the Bank for International Settlements (BIS) in Basel, Switzerland. He said the money was to be used by all African governments, including Indian Ocean Island countries, for their individual philanthropic and humanitarian work at an interest rate of less than 2%.
Sexwale said the funds were deposited in 2016 but he became one of the two South African mandate holders in January 2019.
He however alleged that billions of donor funds were stolen from the central bank and allegedly channelled to 18 local commercial banks including various prominent business people in the country. They must be exposed, this can't be ignored.

Issued by FFD Secretary-General

Letlhogonolo Mamabolo

0791202454

FFD statement on Tokyo Sexwale allegations - Forum For Democrats FFD statement on Tokyo Sexwale allegations