How South Africans can recover billions lost in state capture
Corruption in South Africa has reached epidemic levels and threatens the lives of all South African citizens. Money lost due to government corrupt could have been used to better the lives of all South African citizens, especially the poor.
Speaking to Eusebius McKaiser, CEO of Pan-African Investment and Research Iraj Abedian and deputy editor at Financial Mail, Sikonathi Mantshantsha discussed how South Africa should begin a process of restitution and compensation for the billions looted and damage done to the country and the nation.
Abedian said he disagrees completely with the notion that 'it's water under the bridge' adding 'if we get accustomed to accepting and condoning misconduct and looting that is very sad'.
We need to recognise that these companies as individuals and as corporations both in their personal persona and their legal persona, they have liabilities.Iraj Abedian, CEO Pan-African Investment and Research
Mantshantsha said those that have been tasked with enforcing justice and the rule of law in this country are guilty of treason as not a single person has been arrested.
Listen below to hear what these pundits had to say:
News24 journalist Kyle Cowan gives more insight on what the ruling will mean for the attempt to prove that money was laundered.Read More
Human Rights Watch South African director Dewa Mavhinga reflects on the planned march to the Nigerian Embassy against crime.Read More
The number of national recoveries so far is 590,071, which translates to a recovery rate of 89.2%. Gauteng has 193,153 recoveries.Read More
Daily Maverick journalist Ray Mahlaka and Sacca president Zazi Nsibanyoni-Mugambi reflect on government's commitment.Read More
Party leader Herman Mashaba says it is time for citizens to elect people who will serve them and not their political needs.Read More
South Africans bid farewell to the struggle icon at the Westpark Cemetary in Randburg.Read More
There will be increased support for gender-based violence survivors. Restrictions on international travel will be eased.Read More
The president is addressing South Africans on developments in South Africa’s risk-adjusted response to the COVID-19 pandemic.Read More
The president will address South Africans on developments in South Africa’s risk-adjusted response to the COVID-19 pandemic.Read More
Independent energy advisor Ted Blom and spokesperson Sikhonathi Mantshantsha reflect on how the utility cuts power supply.Read More