Zuma on Gaddafi billions: govt can’t investigate every allegation

2013-06-19 19:07

Government could not investigate each time an allegation about an issue surfaced, President Jacob Zuma has said about the Gaddafi billions.

Asked by Inkatha Freedom Party MP Mkhuleko Hlengwa in Parliament today whether the government would investigate how Muammar Gaddafi’s wealth landed in SA, and allegation’s that the late Libyan dictator’s money man was in SA, Zuma said “government does not work that way”.

Zuma also denied knowledge of the involvement of the ANC’s head of security, Tito Maleka, in attempts to recover the billions Gaddafi had stashed in South Africa.

On Sunday, City Press reported that one Libyan faction was accusing the ANC of siding with another faction in the fight to recover the assets belonging to the late North African strongman, estimated at about R100 billion.

Replying to questions in Parliament this afternoon, Zuma said representatives of the Libyan government had met SA’s finance minister Pravin Gordhan, and that they had agreed that the repatriation of the wealth back to Libya should be done through the United Nations protocols.

He said the fact that the contested assets could be traced was proof of the integrity of SA’s financial system.

The Libyan faction has reportedly slammed Maleka and businessman Jackie Mphafudi for their involvement in the recovery of the assets, which are believed to be gold, cash and diamonds. The two allegedly accompanied a Libyan investigator to Zuma’s Nkandla residence.

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