Monday, January 17

Report: Corruption raged under Zuma – companies bailed out on billions – News (Ekot)

Former South African President Jacob Zuma.

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  • After three years and the interrogation of nearly 300 government officials and actors, Chief Justice Raymond Zondo has handed over the first of three parts of his report on the widespread corruption in government structures during Jacob Zuma’s years in power.

  • This first part states that the national airline, South African Airways, was systematically looted and weakened by people close to Zuma, including the tax authority SARS.

  • It also describes a network of people around Zuma and the Gupta family who consistently looted state-owned enterprises and gave individual actors favorable government contracts. According to some calculations, “state capture” has cost South Africa over SEK 60 billion.

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