8 November 2001
Winnie in the Pooh... again.
|Some time ago
I made mention of our Mother of the Nations’ role in South Africa. Specifically
a pending fraud case involving the ANC Womans League. Well, the relevant
parties appeared in court with more court dates set. The story is such
Saambou Bank apparently agreed to an arrangement between themselves and the ANCWL (ANC Woman's League) whereby loans will be granted to all ANCWL members applying for such. Saambou received relevant letters as confirmation that specific individuals belonged to the ANCWL and were therefore legible for loans, signed by Winnie Mandela herself (and on her organisations letterheads). It turned out that only five of the seventy applicants were actual members.
Now Winnie the Pooh had to go to court and will have to go back defending the eighty odd fraud cases against her and the ANCWL. Turns out she couldn’t afford the bail which her son paid (R5000.00). On presentation of her expenses, the nation only now realises how well their “mother” is living.
Consider a personalised registration number (about 400.00 bucks) on her Mercedes (monthly repayments R7000.00) on which insurance costs her R 4000.00 p.m. The maintenance is costing her R2798.00 p.m. (this car is obviously on full maintenance lease to cost that much).
I’d recommend she gets rid of this car. First, the maintenance costs are too high. Second, I’ll look for another insurance company. With 4 grand a month on insurance I could buy a new car every ten months! And what is wrong with the standard license plates at 40-odd bucks a set? Don’t you think that if your expenses were more than your income that a personal license plate would be the absolute last item on your shopping list?
Moving on to the household
This tallies up to R72 169.00 per month. She claims that her income does not exceed R17 000.00 per month. Something serious is going wrong here.
Applicants to the above-mentioned
loan scheme had to take out a funeral policy with a company of which Winnie
is a director. Since January this year more than a half million rand has
been deposited into Winnie’s bank accounts.