Selebi's finances laid bare

Who on earth cares about this fools finances. For goodness sake, lock the dude up and let's move on!!!!

I wonder how the ANC are going to spin this one.

I spend much more than what I can afford currently because of credit providers and not because someone is bankrolling me and I have embarked on a strategy to change all of that which does not include getting undue cash from someone else.

I really don't see what is extra-ordinary about overspending and underspending.

When he overspends, it's a problem, he did not have enough. Wwhen he corrects that, he underspent and that means someone was bribing him...it's like he is brainless and cannot see when he is overspending and cannot decide to change because to the NPA with their auditors IT will simply eman he was now receiving extra cash not from his salary but from a criminal, that is mischievous if not shallow and childish.

I have no single problem if Jackie Selebi is convicted on the basis of what he did, but I will cettainly have a problem if he is convicted on the basis of fictionously cooked imaginary evidence...no man!

If you can go to account now you find the same trend as Jackie's but I have never received any money from anybody except you sacrifice certain things in order improve your financial records.

Yengwayo please listen to me when I say you are wrong. Yes you are very wrong my friend. When you are recieving money elsewhere please trust me it will show somewhere. If KPMG can pull yo account records, I mean your bank acc, clothing acc, credit cards savings, investments,everthing and they study that using very simple techniques, no matter how careful you are it will show that you are recieving money elswhere. Forensic audit is not guess what my friend its a science.

I

I see M&G changed the title from "Selebi's income exceeded expenditure." to "Selebi's finances laid bare.". Perhaps the first one was not sensational enough and at first sight it seemed to suggest an absence of wrong-doing. Regardless though, we can leave with that.

The first "chapter" of the state's case (i.e. the cross examination of their witenesses) added no value. In fact it seems to have benefited Mr. Selebi than damage him. Their witnesses where unreliable, blatant liars with most of what they said merely being hearsay or “my word against yours”. They brought nothing to the table.

So I had been waiting with anticipation for the presentation of evidence to support the states case. But it seems that so far, they have Nothing. Consider the following:

POINT 1: "...but the Scorpions later extended KPMG’s scope to include payments from Kebble to accounts used by Selebi’s friend, the drug-dealer Glenn Agliotti."

How is this supposed to prove that Agliotti gave any money to Selebi? Why on earth would you in stead of investigating payments from Agliotti to Selebi, investige those from Kebble and do that to prove that Selebi received payments? Why? I don't see the logic of this approach. I mean it's essentially saying, "I will prove that Kebble paid Agiotti and then take Agliotti's word that he in fact paid those moneys to Selebi"


POINT 2: "He gave an example from... showing that the former top cop would receive R33 000 a month, but spent R47 000."

Firstly, M&G journalist should learn to write objectively and stop this suggestive nonsense; it's tiring. The way this is written (by casually emphasising "would") is meant to suggest that Selebi on more than one occasion, spent more that he earned; that this was frequent. But it is one example. If he did it frequently, then they should should specify the number of times he did and give figures.

This goes on to say, "“...he spent R14 000 more than what he earned. In total [for the period analysed by KPMG] the accused’s income exceeded his expenditure, but this included big amounts like bonuses and pensions,” Friedman testified."

Having less expenses that your income is a sign of financial prudence. That one's financial affairs are in order. This is hardly an indication of corruption. That being said, it's well worth investigating under the circumstances. But don't wave it around as if it's proof on it's own.
For Friedman to say, "... but this included big amounts like bonuses and pensions..." is beyond me, because that's irrelevant. It just seems to suggest that his brief was to find irregularity (not to check if it is there) and in court to prove it, not present cold facts. There seems to be a certain bias in his presentation. Assuming of cause that all the quotes attributed to him are in fact his.

All in all, the state is yet to present conclusive evidence. What they have presented so far; all this stuff about cheques being more now and less then and then within the same period income exceeding expenditures, etc. is just way too clumsy. We will await further evidence

I cant wait to hear how he has been surviving all along. The trick might just help me seeing that the bank has put me on my feet again by repossessing my car.

Wait until we get a report with Selebi’s Travel and Subsistence, KPMG concedes that their report is not complete without it. As far as I know, Ministers (and related positions) spend very little from their salaries. They have many State benefits. Apparently Selebi's wife was also gainfully employed. What people also need to understand is that such positions are usually 5 year contracts and as such one needs to save upfront. My view is that the State has failed spectacularly on this one; this flimsy evidence alone will not correct the lies the judge has heard so far.

Well done Mshula Inc. Some people need to be explained in simple language. Lets see Brother Jackie try and explain where the money came from. SARS >>>>>> keep an eye....maybe send him a "lifestyle questionaire".
1+1=2. This is not like woodwork.... where you can imagine what you want to make..!!!!

Oh please don't tell me about KPMG,this audit firm auditted Kebble's JCI,Simmer and Jack etc and never found anything sinister in Brett Kebble's dealings.They even went on to issue confirmation reports of their audits that Kebble's companies were financially sound and we all know now what was going on there.

Shouldn't KPMG be charged for fraud,especially in the Kebble matter.SARS confirmed that KPMG was protecting Kebble and assisted him with non compliance for huge bribes.

The insatiable taste for the finer things in life is what always get our leaders mixed up with the wrong crowd, its a basic human weakness(One that our President will know very well). And to maintain that lifestyle these guys will be willing to name a price for anything. But of course they won't call it bribery. And that, fellas, is the reason why this whole case is in front of a judge. To prove that whatever Jacky Selebi received from Aggliotti, there was a benefit in the opposite direction.

And again I don't think Jacky Selebi ever denied receiving gifts from Aggliotti. The argument is that those gifts were not bribery. But to try and convince the rest of us that a drug dealer like Aggliotti will just go around dishing out gifts for nothing in return, is like trying to convince me that Robert Mugabe is a saint.

"Oh please don't tell me about KPMG,this audit firm auditted Kebble's JCI,Simmer and Jack etc and never found anything sinister in Brett Kebble's dealings." I thought it was PwC who auditted JCI?

What is the difference between,

I Denialism

II Smoking something from somewhere around Port St John's

III Drinking a version of Johnnie Walker that only public servants can afford

IV Being over 100 kgs at the youthful age of 28?

V All corrupt ANC politicians are innocent because someone corrupted them

A Ya well no fine
B I'm in Perth anyway
C I was redeployed but I'm a very loyal ANC cadre
D I got out of BEE with some cash left, unlike most of the other fools who owe bankers millions

Answers on a postcard to the SABC, Auckland Park (sorry couldn't afford PO Box fee as we are awaiting taxpayer funds).

Dave

Wow, until I read what Selebi earned today I was scratching my head wondering why someone in a top govt position that pays well would compromise himself in this manner but there you have it - he wasn't getting by on R33 000 a month. That's a really low salary for that position. He obviously couldn't wait for 'redeployment' to a better position at the trough... I think even fat-boy-fat Malema earns more than that!

ja, thats low salary jackie, i dont blame you for dealing with your friend agglioti,you realy needed the money,