PPF makes ‘noble’ request over FICA bill

2017-02-05 13:07
Parliament. (Duncan Alfreds, News24)

Parliament. (Duncan Alfreds, News24)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Johannesburg - The Progressive Professionals Forum on Sunday threatened court action if its recommendations for adjustments to the FICA bill are not implemented.

“We continue to implore on the President of the Republic not to sign this Bill in its current calamity into law – and if anything, return it to parliament for a complete overhaul” said the organisation in a statement.

“If this noble request is not adhered to, PPF is ready, prepared, willing and will not hesitate to take the Bill to the Constitutional Court.”

The organisation also noticed that a recent report about adjustments to the Bill gave it “hope” that the Financial Intelligence Centre Amendment Bill had been proven to be “not as entirely constitutional” as had been argued by National Treasury.

This week, Business Day reported that the treasury had proposed amendments that would tighten up restrictions on how warrantless searches might be conducted.

According to the newspaper, at public hearings, it was confirmed that FIC inspectors would be able to ensure administrative enforcement but would not hold investigative or criminal powers.

The PPF have been extensively involved in public hearings during the deliberations of  the Standing Committee on Finance.

President Jacob Zuma sent the bill back to Parliament in November last year, citing constitutional reservations about the section dealing with warrantless searches.

Previously, the PPF’s Mzwanele Manyi, made a submission in which he suggested that the government ‘misled’ Parliament about the true intention of the bill, which he argued was to exclusively target and clamp down on politically exposed persons, who by implication will be black Africans.

In their statement on Sunday, the organisation reiterated its concern that the bill would allow banks to be “private courts when we have real courts”.

Read more on:    ppf  |  fica amendment bill

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

Inside News24

Competition regulation for a growing and inclusive economy

ADVERTORIAL: The Competition Commission of South Africa is conducting advocacy work in the South African automotive aftermarket industry and has gazetted a Draft Code of Conduct for public comment.


10 gorgeous plus-sized models who aren't Ashley Graham

Here are just ten of our favourite plus-sized models:


You won't want to miss...

WATCH: Pornhub is giving users free access to premium content these holidays
5 top leg exercises for men
10 best dressed men of 2017
How to open a beer bottle without an opener
Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.