Tag Archives: malema

South Africa – if Zuma resigns should he get an amnesty?

News24

Amnesty if Zuma goes?

2017-02-15 10:34

President Jacob Zuma (File: AFP)

President Jacob Zuma (File: AFP)

Adriaan Basson

Would South Africans be willing to let President Jacob Zuma off the hook to see the back of him?

Those in the know think that legal amnesty may be the only option left to remove Zuma from his position as state president before his term ends in 2019, which has now become a matter of urgency.

Neither the country, nor the ANC can afford Zuma any longer.

I wrote a similar column in 2014 and was admonished by the ANC for my “desperate and futile campaign” to get rid of Zuma. In the past three years, Zuma has done a sterling job himself of proving not only to his critics, but to his own party why he is unfit to govern.

His State of the Nation Address was nothing more than a poorly executed cut-and-paste exercise mixed with alternative facts to showcase Zuma’s newfound zest for “radical economic transformation”.

But the emperor was naked.

On his left – dressed in red overalls and hardhats – sat the real politicians who had placed economic freedom at the centre of our political discourse.

Not without fault, the EFF has been successful in championing the cause of landlessness, the skewed ownership of capital and the slow pace of transformation in numerous sectors.

With able assistance from his friends in Saxonwold, Zuma is now attempting to hijack this cause for his own political survival. “Radical economic transformation” will be his fight song in 2017, whenever he is challenged by forces from within the ANC and outside.

He will fob off criticism with expensive spin that “white monopoly capital” is attempting to hijack the state by getting rid of him, as if Johann Rupert, Christo Wiese or Nicky Oppenheimer (or Patrice Motsepe, for that matter) have any inclination to fix potholes or run hospitals.

Let’s be clear: there is a serious conversation to be had about economic transformation or the lack thereof 23 years after democracy. Yes, great strides have been made by the ANC (Zuma was silent on this in his SONA speech) and the private sector, but much more needs to be done.

And let’s be as clear: Jacob Zuma is not the man to head this new struggle. Zuma has spent 19 years as a member of the executive in KwaZulu-Natal and South Africa.

In KwaZulu-Natal he was MEC for economic affairs. As deputy president since 1999 he had the highest level of access and influence on the ANC’s and the country’s economic policy. If he had not been radical for 19 years, he will not be radical now.

Those who buy into Zuma’s latest rhetoric should ask Zwelinzima Vavi, Julius Malema and Blade Nzimande to show them their Polokwane battle scars.

The only radical thing to have happened under Zuma’s presidency was the radical capture of the state by Zuma’s family and friends, the Guptas.

This includes the radical empowerment of Zuma’s son, Duduzane, and nephew, Khulubuse; the radical abuse of an air force base by the Guptas; the radical expenditure on Zuma’s Nkandla homestead and the radical looting of money from state-owned enterprises to enrich the businesses of the Zuptas.

No wonder the fight-back has been so radical. The Zuptas have everything to lose. They are fighting for their lives when they are not flying to Dubai on unknown business. The “analysis” of their favourite commentator Mzwanele “Jimmy” Manyi, who arrived with Duduzane at SONA, has become more radical in recent days.

Who knows what’s happening behind the scenes. Who knows why Duduzane left his family in a Melrose Arch restaurant recently and dashed off to join arms deal playboy Fana Hlongwane in his navy blue Bentley. Where did they speed off to?

How much or little do we actually know of what’s going on? Maybe there will be a KPMG report in the future that will bring all these puzzle pieces together.

What is clear is that Zuma is politically much weaker than a year ago. He is “paranoid” about the possibility of an attack or a coup; physically or politically. That’s why he needs soldiers to protect him at SONA and a friendly successor to protect him from jail.

No wonder murmurings of legal amnesty if he goes are picking up steam again. This time even the most rigid constitutional purists may be willing to bend the rules to see the back of our deeply dishonoured president.

– Adriaan Basson is the editor of News24. Follow him on Twitter: @adriaanbasson.

Disclaimer: News24 encourages freedom of speech and the expression of diverse views. The views of columnists published on News24 are therefore their own and do not necessarily represent the views of News24.

South Africa’s pots and kettles -says EFF has no respect for democracy

BD Live

President Jacob Zuma during The New Age SABC Business Briefing held on February 10, 2016, in Cape Town. Picture: GCIS/KOPANO TLAPE
President Jacob Zuma during The New Age SABC Business Briefing held on February 10, 2016, in Cape Town. Picture: GCIS/KOPANO TLAPE

President Jacob Zuma has hit back at the EFF, saying the party has “no vision” and does not respect democracy.

The president said if he were “an ordinary citizen” he would call for the permanent removal of the EFF from Parliament. The party constantly undermined the majority, Zuma said.

Speaking at The New Age breakfast on Friday morning, he also raised concern about the “monopoly” SA’s four big banks hold, and said there was a need for more banks so that transformation of the economy could take place.

On Thursday night the president was subjected to a barrage of insults and attacks by opposition parties, particularly the EFF, who delayed his state of the nation speech for more than an hour, labelling him illegitimate and a thief who had broken his oath of office.

After raising numerous points of orders, EFF MPs were eventually forcibly removed from the National Assembly by Parliament protection services, as the house descended into chaos.

Speaking at the breakfast on Friday morning in Cape Town, Zuma said: “Ordinary people should say that the disrupters must be removed from Parliament because they do not respect debate … they do not respect democracy and they want to frustrate debate and the right of the nation to hear the government set out its programme.”

The president said the chaos in Parliament was not a reflection of the “national character”.

“I doubt that it’s a reflection of the national character…. It’s a reflection of a few kind of people … those people only represent 6% of population.

“How did this party come about? We are dealing with people who have quarrels … no vision or views.”

More banks

Zuma also spoke at length about the need for radical economic transformation, saying SA’s failure to redistribute wealth and address the land question was a “ticking time bomb”.

He said there was a need for more banks, because the banking sector was a crucial cog in economic transformation.

“You cannot have just four big banks…. Let us have more banks … let us give opportunities to everyone.

“If the monopoly of four banks remain, the economic control of SA will remain the same….

“You cannot have someone who is super rich and someone is super hungry in one country,” said Zuma.

The president has previously expressed his displeasure with the major banks’ decisions to stop doing business with the Gupta family.

In 2016, they ceased doing business with the Gupta-owned Oakbay, amid allegations that the family was using its relationship with Zuma to secure business and other favours.

“The action looks suspicious…. If a number of banks act in the same way, simultaneously — not one bank, not two banks, including some financial institutions — to any ordinary person, that is not an ordinary act.

“It suggests that there is something, the banks can’t act together on the same manner, in the same way. It gives a feeling that there is something going on here,” Zuma said in Parliament in 2016.

© Business Day

South Africa – EFF playing hard to get over local government coalitions

News24

2016-08-16 17:43

EFF leader Julius Malema. (File, Netwerk24)

EFF leader Julius Malema. (File, Netwerk24)

Johannesburg – Reports that the Economic Freedom Fighters could announce that it would be the ultimate kingmaker in hung councils by abstaining from going into any coalitions, had Democratic Alliance and African National Congress supporters alike in a flurry on Tuesday.

Some ANC campaigners were asking what an absence of coalitions would mean, while another source close to the party, and with an inside track on negotiations, said “there are so many speculations, you no longer know what to believe”.

ANC secretary general Gwede Mantashe told news agency Bloomberg on Tuesday that the EFF had turned the ANC down “but we are still talking”.

The DA in Gauteng also still remained hopeful, with a source in the party saying the deadline for the EFF signing the memoranda of understanding that would underlie their co-operation, was on Tuesday night. These had, however, not been signed by early evening.

The EFF’s abstention means that, in crucial councils like Johannesburg and Tshwane, the red berets will have the decisive vote over, crucially, budget issues – unless fellow opposition leaders attending the commemorations in Marikana on Tuesday convince them otherwise.

Passing a budget, a by-law, loans, rates, taxes and levies requires a majority in council (50% plus 1).

If the EFF abstains from the process, due to unhappiness with the budget, it might become impossible to pass the budget and this would trigger fresh elections.

EFF spokesperson Mbuyiseni Ndlozi, ahead of the EFF’s Monday night meeting, mentioned both abstentions and “re-runs” as options under consideration by the EFF, but urged patience until the EFF’s expected announcement of coalition decisions at 12:00 on Wednesday in Alexandra.

However, he did hint that the EFF would not get into “bed” with any other party, but that it held “the key to a lot of classrooms where people are going to be taught a lot of lessons”.

‘EFF won’t push too far’

The EFF’s abstention will likely leave the DA to govern in Tshwane – where it obtained 43.1% of the vote, the ANC 42.2% and the EFF 11.7% – while the ANC will retain Johannesburg, where it got 44.6% of the vote, the DA 38.4%, and the EFF 11.1%.

Nelson Mandela Bay metro will likely go to the DA, as the party had been talking to smaller parties there, like the United Democratic Movement and the United Front for the four seats it needs. The ANC would need the EFF’s co-operation to form a government there.

The African Independent Congress has already confirmed that it has reached an agreement with the ANC in the Ekurhuleni metro, where the ANC needs the AIC’s four seats to govern.

Business Day on Tuesday reported that highly placed sources in the EFF said party leaders had decided to go it alone at their Monday night meeting at the party’s headquarters in Braamfontein.

A well-placed DA source in Gauteng has confirmed to News24 that the party had known since Sunday that the EFF was unwilling to go into a coalition in Tshwane.

Other sources, however, said there was more contention over Johannesburg, where DA and EFF voters cast protest votes against the ANC and might prefer the smaller parties to go into coalition to topple the ANC.

The source said “a once off coalition deal would give the EFF less bargaining power. Now they have to be bought over every time [before] a budget or by-laws can be approved.”

However, the source added: “The EFF won’t push it too far though. Re-elections in any metro, and Tshwane in particular, is the last thing they need. The ANC will nail them hard, outspend them [and us] and would be able to focus all energy and resources on one municipality.

“Re-elections might be an option and work in their [and our] favour in places like Thabazimbi and Rustenburg.”

‘Not as easy as people expected’

READ: How to form a coalition – tips for politicians

Political analyst Ralph Mathekga said the EFF’s decision was a difficult one, but not surprising.

“I suspect leadership in the party was made aware of the cost of getting into a coalition that has not been thought through properly. It’s not as easy as people expected it to be,” he said.

He also said the party might have taken a decision to disappoint pundits who expected a marriage between the EFF and the DA in order to protect its image.

“They would rather be blamed by experts for missing out on an opportunity, than their voters.”

Mathekga also suspects a question posed to followers by the EFF on its official Twitter handle, on which party they should go into coalitions with, might have served as a sign that the party was never sure of the way forward.

“Putting the question to party loyalists showed a lack of set strategy on how to deal with the issue,” he said.

DA leader Mmusi Maimane is set to brief the media about the party’s coalition choices at 14:30 on Wednesday, while a briefing from the DA’s expected mayor-elect of Nelson Mandela Bay metro, Athol Trollip, will follow after that.

Read more on:    da  |  anc  |  eff  |  local elections 2016  |  politics

South Africa – Malema says he’sd not ill but skinnier and will take HIV test

News24

2016-08-02 17:17

A much thinner Julius Malema addresses people in Hammanskraal in July. (Karabo Ngoepe, News24)

A much thinner Julius Malema addresses people in Hammanskraal in July. (Karabo Ngoepe, News24)

Cape Town – A slimmed down Julius Malema says he is prepared to take an HIV test in public to prove he is healthy and that his weight loss is by choice.

There had been rumours around the EFF leader’s recent weight loss, with speculation that it could be due to HIV/Aids or diabetes.

According to The Citizen, Malema told an EFF business gala dinner at the Meropa Casino in Polokwane, Limpopo, on Saturday night that his weight loss was not due to illness.

He said he was feeling healthier and more energetic and joked that his performance between the sheets had not been negatively affected by the weight loss, the newspaper reported.

“I am not sick. I am just looking after myself. I can take any test publicly anywhere, from Aids to sugar diabetes. There is no problem. Even the manhood is still working.”

He had stopped drinking alcohol, cut out sugar and was eating less pap, he said.

In May, the Sowetan reported that EFF national spokesperson Mbuyiseni Ndlozi confirmed that Malema had started going to the gym and was on a diet.

Setting an example

In May, Prof Tim Noakes told Times Live that the EFF leader would have to cut out carbohydrates and sweetened beverages if he wanted to be the slim young lion of 80kg he was in his school days.

A much rounder Julius Malema a few years back. (Netwerk24)

Malema told Gareth Cliff in an interview in July that he got good advice from former president Nelson Mandela some years ago: “Madiba said to me: ‘If you want to lead our youth and society, you’re going to have to lose some weight. You can’t lead our people looking like this’.”

He told Cliff that all the talk about his weight didn’t bother him at all.

“They were talking when I was big, they are talking now that I’m losing weight. It’s good.”

He believed others should follow his example.

“We don’t need an obese society. Losing weight is a good thing because we need to inspire our society. We don’t need an obese society and we in leadership positions should try to live a healthy lifestyle to inspire a younger generation. It’s not good to create the impression that obesity is fashionable.”

Read more on:    eff  |  julius malema  |  johannesburg

South Africa – in reporting Tshwane don’t forget the killings in Tembisa

Daily Maverick

Julius Malema, the ANC, and the new war smouldering in Tembisa

  • RICHARD POPLAK
  • SOUTH AFRICA
Main photo: Julius Malema in the home of the late Fighter Tsietsi Mthibe, paying his respects. (Richard Poplak)

Maybe political murder is what we have to get used to. Maybe riots, uprisings, looting, are the new normal. Maybe chaos is a higher form of order. And maybe mock civil war is only mock until it isn’t. By RICHARD POPLAK.

 

So here’s a personal/professional choice: watch the country burn in the townships of Tshwane? Or watch it implode in the township of Tembisa? On the face of it, the two options are pretty much identical: either way, it’s front row seats at the Dissolution Derby. But examined closer, even national meltdowns have their nuances. In this case, the C-grade civil war in Tshwane is a factional disagreement brought about by the ANC national structures imposing a mayoral candidate who no one in the region seems to have heard of, and who will almost certainly disrupt the queue at the feeding trough. Some wanted Mayor Sputla Ramokgopa to stay. Others hoped his deputy would be able to become King Pimp.

This, apparently, was an argument worth dying for.

No one — by which I mean no one — in Tshwane’s ANC structures wanted a former Mbeki protégé from KwaZulu-Natal, name of Thoko Didiza, to drop in and run the joint.

This, apparently, was an argument worth torching Tshwane for.

And so news outlets filmed Not Safe For SABC dystopian long shots of Tshwane in flames, two perfect plumes of smoke rising like sentinels watching over our Fall.

Meanwhile, just a shortish drive south of Pretoria’s restive streets, Tembisa was quietly waking up to another day of being Tembisa. The whole place was covered in a layer of Highveld dust, which erased all primary colours and allowed the sun to light the location in symbolic gold. And while life was just life, that was about to change. Because on Tuesday the Economic Freedom Fighters had scheduled a visit to the homes of two slain Fighters, both of whom had lost their lives campaigning in the township’s notorious Sethokga Hostels.

Sethokga, a series of horrific, pseudo torture chambers in which black humans were supposed to live, was built in the Soviet style by the previous lunatics. (Why did such avowed commie-haters keep aping Stalinist architecture? Perhaps because we realise ourselves most astutely in the systems we profess to loathe.) Tembisa’s carefully planned ethnic divisions meant that the hostel was split between Zulu Inkatha Freedom Party supporters and Xhosa ANC backers. In the days when there was such a thing as a third force, the regime pitted the two against each other. As the gerontocracy drowned in its own debt and prune juice, the hostel became a charnel house. Sethokga has never recovered, nor was it ever going to recover. It should have been razed in order to grow carnations or to build a Disney Theme Park, but instead it was maintained as a gerrymandered stronghold for old ANC warlords and their crews of rent-a-thugs.

Photo: Malema locked in an argument with a cop. Malema wanted to address the dead Fighters. Cop not so much. (Richard Poplak)

That said, all kinds of life happens inside Sethogka, and the EFF had managed to establish the place as something of a mini-moon base. Which is why two Fighters named Tsietsi Mthibe (56) and Kenny Monjomani (39) felt safe enough to campaign door-to-door there in April and May respectively. No one sent them the memo: political violence in this country is a thing. Both were allegedly bashed up by hostel residents with bricks, knobkerries, sjamboks, golf clubs, mayhem’s usual blunt apparatus. Neither man died at the scene – according to their families, they were finished off by the reprehensible non-service at Tembisa Hospital.

Regardless of the details, the EFF leadership had picked this day to come and visit the families, and to go drop in at Sethogka in order to make an impression.

You know where this is headed, right?

***

At around 11:00, a red Range Rover Sport pulled up to an RDP house in the middle of the township, and out leapt the incredible shrinking Commander-in-Chief. Once, Julius Sello Malema bore the hoggish heft of an ANC Big Man. Now, he makes Obama look fat. His mood was muted, sombre. He wore a mustard-coloured jacket, chinos, premium loafers, and a perfectly canted EFF branded beret. He ducked down through the doorway, and sat in the modest home with its pink walls, corrugated iron roof, and single bulb illuminating the mother, the son, the daughter, the wife.

In sotto voce, he made his sympathies plain.

Mpho Mthibe, son of the late Tsietsi,, listened intently. Mpho, who wore long dreads and a dark jacket and his own EFF beret, has a big job at a big insurance firm. Education-wise, Baba Mthibe provided. And now his ass is dead. “Politics was his passion,” Mpho Mthibe told Malema. “Since his death, there has been no communication from the cops whatsoever. We really really want justice for baba.” The murder has fallen into the gaps, into the shadows that define these affairs. “We want to thank you as a family for stopping whatever you’re doing to come here to see us,” said Mpho.

After the EFF top dogs split for the second dead Fighter’s house, Mthibe told me that he was determined to find out who had murdered his father. “We know that the cops have gotten video footage, and they know who the culprits are. But we have not been formally briefed. All I have is a case number and who is handling. So now my father has been laid to rest, justice must be done, and we won’t rest until that happens. The last thing we heard is that the police have statements, but it’s just hearsay. My father stayed in Tembisa Hospital there for three weeks, and the EFF were fighting for him the whole time.”

Some things can’t be fought for.

The second photo-op called, and I was guided by Fighters deep into the township, where the RDP houses and lower middle class homes gave way to a peri-urban nightmare. Lean-tos, shacks, medieval sanitation, dirt roads running with sewerage. Inside a cramped but clean mukhuku, there was weeping, grief. A tableau of misery, lit by TV cameras.

Photo: Malema inside the shack of murdered Fighter Kenny Manjomani. This puts a starkly human face on political violence. (Richard Poplak)

“We just heard the call that he has been injured,” Lucas Tesela, brother-in-law of the late Fighter Kenny Monjomani, would later tell me. “We get to hospital, we find that he was really bad. He cannot speak. They hit him with bricks, steel, everything. The other people who knew him took him to his room in the hostel. Then he went to Tembisa Hospital.”

That, of course, was the last anyone saw Kenny alive.

A loudhailer loud hailed. The mielies whispered in the breeze. It was time to go to go and do things that the SABC would find unfilmable.

***

For those who haven’t been recently, it’s almost impossible to describe how abjectly shitty is the Sethokga Hostel. Think of 15 or so three-storey concrete buildings doused with the contents of a colostomy bag, then set on fire, and then forgotten by civilisation for 20 centuries.

The place is a national embarrassment for a nation that is impossible to embarrass.

When the EFF contingent arrived at around 13:00, they did not get a rousing welcome. But they did get a welcome. About 300 men with a dazzling array of hitting devices were waiting. The Boers, in their infinite wisdom, built this place in honour of the latest generation of X-box First Person Shooters, long before there were such things as First Person Shooters. Sethokga is a run-n-gun maze, the intricacies of which favour the home team.

Photo: Massive contingent of armed anti-EFF folk. Malema said to cops: ‘Deal with the armed criminals.’ (Richard Poplak)

And the home team was winning. They chased a contingent of Fighters against the wall of a building, and dozens were hammered with clubs. A News 24 journalist named Hasan Variawa was clubbed from behind while he filmed the action. (The sucker punch remains a Sethokga specialty.) I rode a bakkie full of Fighters towards the EFF High Command, hearing the first two rubber bullets pop as we approached.

Give Julius Malema this much: the dude has brass balls of sizeable dimensions. He could have backed down. He could have gone home in that sweet Range Rover Sport. Instead, he decided to burnish his legend by standing his ground. He screamed at the cops, telling them to arrest the homeboys with weapons, rather than harass the peaceniks without weapons. He dug in at the frontlines like Hannibal, separated only by a Nyala and a contingent of crappy riot cops from the (presumably?) ANC cadres and their beating sticks. It was brilliant theatre.

“It is your job to make sure we can campaign here. There cannot be no-go areas in a democracy,” fumed the CiC.

There we stood, a genuine Mexican stand-off. The cops would not go to disarm the mob. But they did beg the EFF to leave.

“South Africa!” said Malema, to no one in particular. “The police are something else. People are throwing stones at me, and they tell me to get in the van. Why me? Deal with the criminals.”

So it went, for about an hour. Malema called for two representatives from the ANC contingent, who were eventually walked through the mud for a consultation. There was yelling, some running, some waving of sticks. Eventually, after it was clear that this was going nowhere, the scene was shifted to a field on the other side of the hostel.

“Never back down,” Malema told the faithful. “Never be intimidated. Blacks should never fight blacks. We should be in solidarity. Don’t make whites proud.”

But smart whites know that everyone fights everyone, and that civilisation is only a couple of assholes away from playing its Trump card. Malema had successfully blown open the divisions in Tembisa, and had successfully politicised the murders of his two Fighters. It was time for the Commander-in-Chief to go to the police station, and yell some more. The violence continued: the thugs in block 34 apparently stepped up their attacks, targeting Pedi people (Malema is a Pedi), injuring 33.

Watch: Malema accuses Thembisa police of inaction (eNCA)

Pot stirred. Outrage machine turned to eleven. War smouldering. More funerals to film.

I watched as a Golf GTI chased the CiC’s Range Rover out of the hostel grounds: brakes, accelerator, brakes, accelerator. In South Africa, it would be incorrect to say that politicians in their high-end vehicles frequently kill citizens. It would also be wrong to say that they don’t. DM

Main photo: Julius Malema in the home of the late Fighter Tsietsi Mthibe, paying his respects. (Richard Poplak)

South Africa – Malema says only EFF can fight ANC

News24

EFF leader Julius Malema (Jenni Evans, News24)

Johannesburg – The EFF is the only party that will truly be able to contest the elections against the ANC, unless the Electoral Commission of South Africa (IEC) rigs votes, party leader Julius Malema said on Monday.

“It is only us and the ANC in this election, unless the IEC enters the contest, conspiring to rig the elections. We have written to the IEC to ask for meetings,” said Malema.

– Are you registered to vote? For registration details, live election results and more, download our Elections App for Android or iOS now!

Malema was addressing journalists at the party’s national list conference for local government election candidates in Midrand.

According to Malema, IEC special votes and party agents were points of concern.

“These [special] votes are not accompanied by party agents. When they [IEC] visit those old people, party agents are not allowed. And me, as a voter, I decide if I want a certain party in my home. If I don’t want the ANC, they must not come to me.”

Malema said the EFF had asked the IEC how special votes were monitored.

“How do you ensure that a vote is not manipulated? Every vote counts. We have to have a means to monitor every vote, including the special votes. The IEC is unable to respond to that. We have asked for a meeting on that matter.”

South Africa – Zuma’s son Edward lays into EFF, “stupid banks” and Rupert

News24

(City Press: Khaya Ngwenya)

Durban – President Jacob Zuma’s son, Edward, on Friday said “certain leaders” were using people’s genuine concerns to fuel anarchy.

Zuma referred to EFF leader Julius Malema’s remarks about residents of Vuwani, Limpopo, burning schools in protest against a Municipal Demarcation Board decision to incorporate their area into a new municipality.

“Never, ever burn down schools, clinics and community halls,” Malema told residents of Gugulethu, Cape Town, on May 15.

“Take ownership of them. If you have a problem with the councillor, go to them and fight with them. You know where the ANC offices are, where the DA is, where the EFF is situated. Fight with them. Leave property alone,” Malema said.

In a statement, Zuma said the continued “war talks by some small opposition party must be taken seriously and be attended to with immediate effect” and that South Africa was under siege.

Zuma said the EFF was “agitating workers” against the ANC, following the “nonsensical decision” by the country’s four major banks to stop doing business with the Gupta family, which had links with the Zumas.

Zuma attacked business tycoon Johan Rupert, and alleged that Rupert had “captured” the judiciary to ensure his father’s removal from office through courts.

He recently laid a charge of corruption against Rupert at the Nkandla police station.

He appealed to the ANC and government to stop banking with the “stupid banks” that wanted to “suffocate” workers. The Postbank should be resuscitated and all government accounts kept there instead, he said.