Everyone will remember fondly the Sunday Times front page headline, “Fuck The Poor” from a last weekend, which referenced top African Bank exec, Tami Sokutu’s thoughts on the poor. Now – FINALLY – you can hear him say it!

To recap:

In a terrifying glimpse this week into the dark heart of unsecured lending in South Africa, a former top executive of African Bank, Tami Sokutu, scorned the poor who were sucked into debt by easy loans from his now failed company.

Sokutu, who made more than R50-million in share options and earned another R35-million in salary and bonuses from his time as Abil’s chief risk officer, was asked about those who had obtained loans but were now unable to repay them.

The lives of thousands of borrowers have been ruined because they have been listed as bad credit risks.

In response to their plight, Sokutu said: “Fuck them, fuck them.”

Asked whether these people would be right to blame him for not having done a better job of controlling lending at the bank, Sokutu’s answer was simple: “They will be right to say, ‘I’m fucked.'”

[more here]

Nice one.

CLICK HERE TO LISTEN.