ANC: Ramphele is showing off

Agang SA leader Mamphela Ramphele has revealed a net worth of R55 million.

FILE: Mamphela Ramphele gestures as she speaks during the launch of her new opposition party called Agang ("let's build") in Pretoria West on 22 June 2013. Picture: AFP

JOHANNESBURG - The African National Congress (ANC) says that Agang SA leader Mamphela Ramphele is simply showing off by revealing the full details of her financial situation, saying forcing politicians to reveal their financial situations wouldn't help anyone.

On Wednesday, Ramphele revealed she's worth over R55 million and called on other political leaders to reveal their details, saying that would help fight corruption.

Both the ANC and the Democratic Alliance (DA) say they believe the current laws governing when political leaders must disclose their assets and income are strong enough to ensure proper transparency of where leaders' money comes from.

The ANC'S Jackson Mthembu says he's not impressed with Ramphele's action.

"In the township lingo, she is doing what the ANC has always discouraged our people to do, to do as Izikhothane - to just burn money and show off."

Mthembu says "showing off" doesn't help anyone, asking, "What has it got to do with improving the quality of life of our people?"

Meanwhile, the DA's Mmusi Maimane also believes Parliament's processes do reveal enough about leader's finances.

"There are processes in Parliament that follow that whole thing - I know I have to declare my own income."

But says he does want lifestyle audits for politicians to go ahead so people know exactly where how politicians get their money.

"The principle here is that we've got to tell South Africans that we've got to be exposed to the same scrutiny as they are in their day-to-day experience."

Last year, the Congress of South African Trade Unions (Cosatu) called for all leaders to have their lifestyles audited to keep them on the straight and narrow.