Hon Ngwenya, please continue. [Interjections.]
And as a reason, they target state- owned companies because they are not known for their institutional resilience against corruption. In fact, pray tell, why do you think it is the EFF that wants a state-owned bank? Is it because the EFF suddenly has renewed confidence in our institutions? No, it is precisely because they hope to prey on our institutions' weaknesses. Further questions that need to be asked include how government tenders for banking services would be affected and where public salaries would be deposited. The naive answer is that state-owned banks would follow the exact same procedure, private banks, please.
In the run up to the ANC 54th National Conference, a senior member of the party, hon Jackson Mthembu called on government to move with speed, and I will quote him, "to