IMF money is likely to be stolen, says Cope

IMF money is likely to be stolen, says Cope

Congress of the People (Cope) says the R70 billion borrowed from the International Monetary Fund (IMF) to assist in the fight against Covid-19 is likely to also be part of corrupt dealings, the same way Covid-19 tenders have allegedly fallen victim.

IMF - AFP
AFP

"President Ramaphosa and the ANC must hang their heads in shame that our country had to turn to the IMF for a loan. In just 10 years under the former President Jacob Zuma administration, the ANC has collapsed the economy of the country," says Cope national spokesperson, Dennis Bloem.

Bloem says corruption is evident on all levels of government, national, provincial and local government.

He adds that they warned the ANC government against corruption in the country.

"President Ramaphosa must realise that the people are tired to see and hear daily about this blatant corruption and now of late Covid-19 tenders and PPE's corruption.

Doctors, Nurses and Healthcare support staff are complaining of the shortage of staff and PPE's," adds Bloem.

He added "Service delivery protests all over the country is the order of the day.  In some areas people are forced to drink dirty  water with animals, whilst the thieves are feasting on the R500 billion of the Disaster Fund.

It is a very sad day for Democratic South Africa that for the first time we must borrow money to survive," concludes Bloem.

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