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The Presidency, Pretoria, Media Statement, 5 September 2016

 

 

Misleading Report about Financial Intelligence Centre Amendment Bill

 

 

The story in Business Day, entitled "Zuma sits on banks scrutiny
legislation", 05 September 2016, on the Financial Intelligence Centre
Amendment Bill which has been brought to the President for his consideration
and assent is misleading and incorrect.

 

The writer Ms Carol Paton states the following as being the reasons why the
Bill has not yet been signed into law;

 

"The developments form part of an orchestrated attack by parts of the
government and the ANC aligned to Zuma on the Treasury, Finance Minister
Pravin Gordhan, and the Reserve Bank, with a view to clipping their
independence and powers". 

 

This is a gross distortion of the facts.

 

Progressive Professionals Forum

 

The President received an objection to the signing of the bill from the
Progressive Professionals Forum. When the President is petitioned not to
sign a bill, he has to consider the merits of such objection focusing mainly
on whether the interested parties raise valid constitutional issues. 

 

It is not the first time that the President has taken time to consider a
bill for similar reasons. Currently, the President has not signed the
Expropriation Bill, the Private Security Industry Regulation Amendment Bill
and the Protection of State Information Bill, because various parties
petitioned him not to do so, citing concerns about their constitutionality.
All These concerns are being looked into. 

 

He also sent the Mineral and Petroleum Resources Development Amendment Bill
back to the National Assembly in 2015 on the ground that certain provisions
of the Bill are unconstitutional.

 

Journalists are urged to stick to the facts and ensure balance and fairness
in the coverage of news and current affairs.

 

 

Issued by:

The Presidency, Pretoria

 

Enquiries:

Dr Bongani Ngqulunga on 082 308 9373 or  <mailto:[email protected]>
[email protected]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



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