House Chair, to the Minister, several of the beneficiary companies that received funds from the IDC last year involve former ANC politicians and former and present executives of state-owned entities.
Granted that the IDC has taken measures to promote transparency around funding to so-called "politically exposed persons", but what additional measures can be taken to ensure that the IDC and the Black Industrialists Programme in particular, do not become a cash card for an elite with political connections to the ruling party?