A new report by the Zondo Commission of Inquiry was delivered to Head of State Cyril Ramaphosa on Tuesday February 1. This is the second part of this 4-year investigation to shed light on suspicions of corruption and fraud in public institutions and companies between 2009 and 2018.
A first report made public last month in particular looked into the looting of the South African airline South African Airways, and the South African tax administration. This new document – more than 500 pages long – relates to massive embezzlements in 2 other public companies.
Main target of this organized looting, according to this new report -: the company Transnet, which manages the railways, ports and pipelines in South Africa. Some 2.4 billion euros would have been illegally allocated by this public operator to companies belonging to friends of former President Jacob Zuma. In particular the Guptas, three businessmen of Indian origin, involved in several scandals.
The ex-president is also implicated in this report for having facilitated the theft of public resources, by placing his friends at the head of the operator.
Another company examined by this commission of inquiry, the arms manufacturer Denel, flagship of the defense industry and which was led to its ruin there too by a faithful of the former president.
Head of State Cyril Ramaphosa called the document ” not significant in the fight against corruption “. A final report is yet to be presented to it at the end of the month. After which, he will have to decide on possible legal proceedings. But civil society is already calling for the opening of legal proceedings – in particular against former President Zuma – believing that there is already enough overwhelming evidence.
The Presidency received the second part of the report of the Judicial Commission of Inquiry into Allegations of State Capture, Corruption and Fraud in the Public Sector at the Union Buildings this afternoon, Tuesday 1 February 2022. #StateCaptureReport pic.twitter.com/408nECCBO7
— Presidency | South Africa ?? (@PresidencyZA) February 1, 2022