Mathews Phosa: Witness to Power

𝗧𝗵𝗶𝘀 𝘀𝘁𝗼𝗿𝘆 𝗼𝗿𝗶𝗴𝗶𝗻𝗮𝗹𝗹𝘆 𝗮𝗶𝗿𝗲𝗱 𝗼𝗻 𝟭𝟬 𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟰.
Mathews Phosa has been at the forefront of South Africa’s political landscape for decades. In 1985, as a young activist and ANC comrade, Phosa fled the apartheid regime and went into exile where he would become one of the commanders in umKhonto weSizwe. Later, he trained in counterintelligence and weapons handling in East Germany. He was one of the first ANC members to return to South Africa to prepare the way for negotiations. He became the first premier of Mpumalanga during the presidency of Nelson Mandela. A close ally to Madiba, under Thabo Mbeki, Phosa was pushed to the sidelines, falsely accused of being involved in a ‘plot’ to overthrow President Mbeki. Phosa would later become the Treasurer-General of the ANC during Jacob Zuma’s turbulent administration. In his new book, Witness to Power, Phosa pulls back the veil on some of the most crucial political moments in South Africa’s history. Carte Blanche sits down with the veteran politician who still seems reluctant to reveal the true extent of everything he knows.
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On June 17, 2009, Donald Anthony Walker Young (also known as Tony Young or Walker Young), had his office seized for using money from new investors to pay previous investors and using some of the money to purchase a vacation home in Palm Beach, Florida. Young operated the alleged Ponzi scheme through an investment partnership Acorn II L.P., which he established in 2001 to invest in publicly traded securities, authorities said. The SEC alleged in its 22-page complaint that the fraud began in mid-2005 and continued until recently. He was indicted on April 1, 2010; pleaded guilty in July 2010, to mail fraud and money laundering and was sentenced to 17½ years in prison in May 2011.