Thursday, July 11, 2013
MONDAY, 8 JULY 2013
South African Reserve Bank Was Served
The March Against The Banks Memorandum - was successfully delivered to the office of Gill Marcus - Governor of the South African Reserve Bank AND Rene van Wyk - the Registrar Of Banks in South Africa today, 8th July 2013. The content of the memorandum is below - please study it and share it.
March against the banks – 6 July 2013 - Sandton South Africa
TO: RESERVE BANK OF SOUTH AFRICA
Attention: Gill Marcus and the Board of Directors.
You are hereby required to respond publically and via email to all questions contained in this memorandum within SEVEN days from date above.
We, the concerned people of South Africa, hereby declare that the RESERVE BANK OF SOUTH AFRICA (SARB) is a private corporation, with shareholders all over the world, that has somehow found its way into the CONSTITUTION OF THE REPUBLIC OF SOUTH AFRICA and has for some inexplicable reason been allowed to print their privately owned and controlled money as the official currency of the land and thereby dictate the financial policy to its people. Its primary objective is to make profit and to keep its shareholders happy. SARB has no interest in the wellbeing of the people of South Africa.
All of us who participate in national election believe that the duly elected government is the servant of the people, to perform the will of the people. The people feel that they have at least some say in the running of the country by electing its leaders.
Unfortunately the people have no control or any say whatsoever about the activities of SARB and we are all at the complete mercy of the financial decisions that SARB makes on a daily basis. SARB continues to operate as a completely independent entity not answerable to anyone and seems to be above the law at all times. It is unimaginable that the president, minister of finance and minister of justice have not recognised the complete control and stranglehold that SARB has over the people of South Africa and has not as the servants of the people taken the necessary corrective steps to change it for the benefit of the people.
At the same time SARB is supposed to be responsible through the office of the Registrar of Banks, whose office is in the SARB building in Pretoria, to monitor the activities of all banking institutions and take the necessary steps and corrective measures when banks act outside their mandate. This has clearly not been happening as South African banks have been operating like rogue economic cowboys causing financial misery and destruction in our country.
The Registrar of Banks has bluntly refused to answer questions that implicate the banks in criminal activity and in so doing, he has implicated SARB in the same fraudulent action.