Hon. Jackson Mthembu - [email protected]

[Troy Platt]

Reply-To: [email protected]
From: "Hon. Jackson M. Mthembu (MP)" <[email protected]>
Date: Wed, 20 Jan 2021 16:35:51 +0200
Subject: RE: PRESIDENTIAL SECURITY FUND RELEASE

Ref: PPA/SARB01-ABA212-21



Date: 20/01/2021



Attention: Contractor





RE: PRESIDENTIAL SECURITY FUND RELEASE



Sequel to our board meeting yesterday, this letter is to serve as a legitimate encumbrance regarding your fund which has been overdue for remittance to your nominated account overseas which was returned to the Treasury during Fourth quarter of 2020. It is our commission’s interest to interrogate the origination of the fund as well as the cause of delay in remittance over the past One (1) year as reported in the file before us.



However, as part of our oversight, it has been noted based on the detailed information I received that some unscrupulous elements within the system have manhandled your file and as such some necessary clearances were not properly ascertained/procured from the right authorities hence the desire of the presidency to curb this appalling situation by setting-up this commission to oversee the immediate release of all funds been held up in the state treasury to contractors and beneficiaries whose names have reflected in this Second batch of First quarter of 2020.



The activity, action and relationship of this commission in the presidency with some of the beneficiaries/contractors have been applauded by most contractors/beneficiaries who in less than ten days of their contact with this office got their funds duly remitted by wire transfer to their respective bank accounts.



During our meeting, one of our mandates is to ensure that the bad-image perceived by the western about Africa is addressed as the main focus of the current regime is to root out corruption in our system and make the country better for all.



Reconfirm your details and give us the reason(s) why your Contract Fund is not yet transferred to your nominated Bank Account. We will verify the information you will send with the one we have; if both correspond, we shall return to you with the requirements for your Fund Transfer.



Thanking you in advance for your co-operation.



Yours Sincerely,



Bernard Nkosi

For: Hon. Jackson Mthembu MP

Minister in the Presidency of Republic of South Africa



CC: South African Reserve Bank (SARB)

CC: Department of Treasury (DNT)