Friday, 31 May 2013

SABC3 Exposes The Banksters In South Africa

This is an adapted article posted by Scott Cundill founder of the New Economic Rights Alliance - 31 May 2013

A 34 year old journalist has single handedly exposed a deceitful scheme involving the major South African banks. Peter Moyo from SABC3’s Special Assignment is a hero. The first part of his 4-part documentary was flighted at 9:30 pm on SABC3 on Thursday 30th May 2013.

Maintaining journalistic integrity at all times, Peter and his camera man, Casher, flew around the country to examine every side of the story. The result:
          THE NATIONAL CREDIT REGULATOR:                           HUMILIATED
          THE SOUTH AFRICAN RESERVE BANK:                         HUMILIATED
          THE BANKS AND THEIR LAWYERS:                                EXPOSED!

A secret and devious scheme, called securitisation, is being run by the banks and their lawyers. They have illegally repossessed homes, cars and stolen our livelihoods. This kind of underhanded activity has placed this country in a serious economic crisis.

The combined intellect and resources of the South African legal system, and those government institutions specifically set up to monitor this kind of thing, achieved absolutely nothing and have been shown to be completely ineffective. In fact, the banks and the Judiciary are actively trying to punish NewERA for bringing this evidence to their attention. [See here.]

In nearly three years of legal action to expose this unlawul activity, the numerous Judges have not been able to, or were unwilling to understand our simple arguments. Constantly regurgitating the arguments of bankers asif they were controlling the court proceedings.Yet, in just one month, a lone journalist has researched, understood and exposed the vast cover-up.

The implications are wild. If the banks are not disclosing this scheme in their financial statements, then this may be so serious that it could involve criminal action not only against their directors but also all the lawyers and advocates who are complicit in their defece, knowing the full extent of the fraud and extortion  committed by the banks. This is just the tip of the iceberg.

Peter Moyo, you are a testimony to South Africa and the kind of journalistic integrity that the people expect from the media. You are the kind of investigative journalist that freedom fighters twice your age fought so hard to cultivate. But the liberation of the people is not yet over. We may have had our political freedom, but this has been overshadowed by financial enslavement to the banksters and their seemingly corrupt legal systems. We will only be free once we have attained freedom form economic tyranny and slavery.

On behalf of the New Economic Rights Alliance and the UBUNTU Party and the UBUNTU Liberation Movement, we congratulate and solute you.
Watch part 1 of Special Assignment here:

Join us in a Complaint Rampage
We, the people, are supporting Peter by going on a complaint rampage. Complain to the NCR here. Demand a Commission of Enquiry from the minister here. Complain to the JSE here and expose the scheme to the FSB here. Demand transparency from your bank here and, finally, complain to the banking ombudsman here. Make your voice heard. The truth is out. Send this letter to the world.
…and, while you are about it, send a message to SABC3 here congratulating them and Peter for producing this story.

Our strength is our unity.
PS. For further research, see
 in love and light
Michael of the family Tellinger