ANC says DA’s Mark Burke removal does not shield him from R4bn Kastelo probe
The ANC says Mark Burke’s removal from Parliament’s finance committees cannot replace legal processes or investigations into Kastelo, calling for accountability as the SARB examines approximately R4 billion in transactions.
The Democratic Alliance (DA) has removed Mark Burke from Parliament's finance-related committees, citing concerns over a South African Reserve Bank (SARB) investigation into the fintech company Kastelo. According to the DA, Burke is accused of involvement in transactions worth around R4 billion related to Kastelo. While the DA claims that Burke's removal from the committees helps maintain transparency, the African National Congress (ANC) argues that it does not absolve Burke from accountability.
The ANC maintains that the matter cannot be dismissed as a mere commercial dispute, with the SARB investigation and court proceedings still ongoing. Burke has distanced himself from Kastelo, noting that he resigned from the company in 2024 to focus on his political career. The ANC stated that political office does not grant immunity from scrutiny, and no individual is above the law, urging authorities to follow the facts and ensure accountability prevails.
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