ANC says DA’s Mark Burke removal does not shield him from R4bn Kastelo probe
The DA said the move was a precaution as the central bank investigates Kastelo over alleged exchange-control breaches involving about R4 billion.
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4 Articles
Mark Burke breaks his silence on the Kastelo storm: “The ANC will not succeed”
Listen hereMark Burke discusses Kastelo’s regulatory dispute with the South African Reserve Bank, explaining the company’s compliance processes, client mandates, offshore investment transactions and decision to halt operations amid the blocking order. He also addresses the political fallout, media coverage and his decision to step back from the DA’s finance cluster. Burke maintains that Kastelo acted within the regulatory framework, while insist…
ANC says DA’s Mark Burke removal does not shield him from R4bn Kastelo probe
ANC Escalates Pressure on DA Over Mark Burke as Kastelo Investigation Raises Fresh Accountability Questions
The African National Congress has stepped up its criticism of the Democratic Alliance over the Mark Burke and Kastelo controversy, arguing that the DA MP’s removal from Parliament’s finance structures does not resolve the questions surrounding the ongoing investigation. The DA announced that Burke would no longer serve on Parliament’s Standing Committee on Finance or the party’s finance cluster while the South African Reserve Bank investigates f…
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