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ID: Statement by Lance Greyling, Independent Democrats spokesperson, on conflict of interests (18/02/2010)

18th February 2010

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The ID has noted with interest that the ANC is now working on a policy to force members to disclose their business interests. Good luck with that. The ANC needs to assure the public that they will root out all conflicts of interests in their midst including those of Ministers and the ruling party itself. Unfortunately your words ring hollow on this issue. In 2004 the ANC assured the High Court that they would soon bring legislation to parliament to regulate the private funding of political parties. We are still waiting! 

In the meantime the ANC has continued to siphon off funds from public entities for its own benefit. Oilgate is one example of this and now we see the ANC even prepared to profit off the misery of our people by deriving billions of Rands from the proposed crippling electricity price increase. The ANC Treasurer-General recognized the inequity of this when in 2008 he said the ANC would divest their shares in Hitachi. Once again, we are still waiting. The ID wants to see real action on this issue, and not this hypocritical doublespeak that does nothing to address the real conflicts of interests in our democracy.

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