EFF, ANC target DA’s Mark Burke over R4bn crypto company allegations
The SARB’s explosive affidavit against Kastelo, founded and chaired by Burke, who also serves as the DA’s federal finance chairperson, paints a picture not of minor regulatory lapses but of outright financial crime.
ANC Parliamentary Caucus spokesperson Cde Hlengiwe Hadebe said Burke’s continued role on finance committees was “simply untenable” given the Reserve Bank’s affidavit.
The EFF has accused the DA of hypocrisy and financial misconduct after explosive allegations surfaced that a fintech company chaired by senior DA MP Mark Burke systematically bypassed South Africa’s exchange control regulations to externalise R4 billion.
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