Cosatu welcomes JA Brown verdict

Oscar Thomas
02 December 2014

Cosatu in the Western Cape has welcomed the 15 year jail sentence of J Arthur Brown for stealing the pension funds of widows.

Western Cape Cosatu spokesperson Tony Erenreich said this should serve as a clear indication to fund managers that they will be put in jail for corruption and stealing from the poor.

Erenreich said this must serve as a clear indication to fund managers that they are going to be put in jail for corruption and for stealing from the poor.

Erenreich said this sentence must hopefully also serve as a deterrent to the growing levels of white collar crime.

Erenreich said White collar crime and white still steal much more in the economy than any other group and decisive action must be taken against them to dissuade this behaviour.

Erenreich said we commend Government action in appealing the case and call on all forms of corruption to see the perpetrators imprisoned.

“This 15 year jail sentence is still too low for the hardships that he caused and we must investigate who else was involved in the criminal acts, so that they can also be brought to book Erenreich added.

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