Hon Speaker, I think there might be some degree of conceptual confusion about tax evasion and aggressive tax avoidance.
The question that we have posed to the Deputy President is in relation to aggressive tax avoidance. The high-level panel on illicit financial flows says that the US$2 billion - that is, more than R20 billion - was recovered only from one multinational company and not from the whole phenomenon of transfer pricing and illicit financial flows.
As you know, the phenomenon of transfer pricing and illicit financial flows defines virtually all practitioners in the mining sector, including Lonmin in which Shanduka - his company - has shares.
Just over a very short period of time, R2,1 billion was lost in some subsidiary company of Lonmin, in a Bermuda type of situation. What exactly are the proper pieces of legislation that are in place to deal with that because we don't have a framework which combats that phenomenon?
If there were a framework, the crisis of transfer pricing and illicit financial flows would not be deepening. If you are saying it was there from 1994, then why is the crisis deepening? If there is legislation and prosecuting authorities are paying attention, why then is the crisis deepening?
Over R600 billion rand is lost to illicit financial flows. In South Africa this goes up to trillions of rands - that is R600 billion annually - that are lost because of mining operations of which some of you are beneficiaries as directors of these companies. What exactly is happening with regard to legislation, because what you are giving us now is a reflection of conceptual confusion and wrong information in terms of the actual phenomenon?