On December 9 2015, ANC backbencher Des van Rooyen was appointed finance minister. Four days later, after intense pressure, then-president Jacob Zuma rescinded his appointment, shifted him to the co-operative governance and traditional affairs department and appointed Pravin Gordhan to control the nation’s purse strings.
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Des Van Rooyen lost no time in the treasury
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So it is Day One for the state capture inquiry to get underway
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The highly anticipated judicial commission of inquiry into state capture — headed by Deputy Chief Justice Raymond Zondo — will kick off on Monday in Parktown, Johannesburg.
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Confirmation from Treasury – Eskom looting was an inside job
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The noose is tightening around senior Eskom officials already implicated in looting with further evidence of the underhanded tactics used to benefit the infamous Gupta family, revealed on Sunday.
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Former execs slapped the firm KPMG for R30m
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Two former KPMG directors who left because of the scandal involving the audit firm and VBS Mutual Bank have slapped the firm with multimillion-rand law suits for defamation and discrimination. But by doing so it has emerged that they were indebted to the embattled VBS — including for an almost R8‑million home loan.
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Gold-plated temple ceiling sponsored by Guptas rejected in India
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The installation of a gold-plated temple roof in India has been placed on hold after temple administrators discovered that the embattled Gupta brothers sponsored it.
The Times of India reported that the chairperson of the Badri-Kedar Temple Committee (BKTC), Ganesh Godiyal, had to stop the installation after it was revealed that the Gupta brothers paid for it.
Gupta properties raided in India
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PRETORIA – It’s being reported that authorities are raiding the properties of the Guptas in India, including their home in Saharanpur.
Indian media is reporting that the raids relate to a fraud investigation against Ajay Gupta, who is considered a fugitive from justice in South Africa.
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Only stagnant pools remain after the Zunami
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Former president Jacob Zuma’s rambling monologue on the SABC on Wednesday afternoon wasn’t just an arrogant, delusional act of defiance in the face of the ANC’s national executive committee (NEC) instruction to step down as head of state.
It was his final act of working outside the structures of the governing party, and of the state, and of using the resources that his deployment to government had enabled him to pursue his own agenda, often to the detriment of both.
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Cyril Ramaphosa has been elected president of South Africa
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Cyril Ramaphosa is the new president of South Africa after he was elected unopposed in the National Assembly on Thursday afternoon.
Ramaphosa was nominated as a candidate by ANC backbencher Patrick Maesela, and the nomination was seconded by his colleague Joan Fubbs.
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Gupta brother and associate arrested this morning
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A Gupta brother and one of their business associates have been arrested by the Hawks‚ sources said.
The arrests follow raids on the family’s Saxonwold compound in Johannesburg early on Wednesday morning by heavily armed Hawks officers.
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State capture: ANC plots a way for Zuma to walk free
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A presidential pardon could be part of the ANC’s package offered to President Jacob Zuma for him to vacate office before his term comes to an end in 2019. ANC insiders said this week there have been informal discussions between supporters of Zuma and ANC president Cyril Ramaphosa about the possibility of granting Zuma a..
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Zuma: State capture commission must investigate all state corruption, focus on Guptas
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President Jacob Zuma wants the state capture commission of inquiry to investigate all forms of government corruption, including allegations against him, his Cabinet ministers, the Gupta family and state-owned entities. In the terms of reference seen by News24 on Thursday, Zuma says the commission must investigate whether, by whom and to what extent attempts were..
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Deputy Chief Justice Raymond Zondo to head commission of inquiry into state capture
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Chief Justice Mogoeng Mogoeng has made the decision to appoint deputy chief justice Raymond Zondo, the Presidency announced in a statement on Tuesday evening. In the statement, President Jacob Zuma announced that he is officially appointing a commission of inquiry into state capture. Zuma said that the Pretoria high court’s order for him to appoint..
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State capture report a political tool – Zuma
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President Jacob Zuma believes that the public protector’s report on state capture was a political tool meant to be used to deal with certain individuals. In an exclusive interview with ANN7 on Monday evening, Zuma spoke out about the state of capture report by former public protector Thuli Madonsela, in which she recommended that Zuma..
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The mafia state is in full swing
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There is no longer a crystal-clear difference between the current state of our democracy and the telltale signs of a mafia state. That, in its essence, is the nexus insight from Jacques Pauw’s new book, The President’s Keepers, which is why the responses from various parts of the ANC-led government and state are as hysterical..
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State capture fiasco shows why collaboration is key to tackling global crime networks
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Lord Peter Hain tabled a series of allegations in the UK’s House of Lords relating to the possible role of British banks in alleged money laundering and illicit financial transactions centred around President Jacob Zuma and the Gupta family. The Conversation Africa’s Charles Leonard asked him to explain why he took the step. Hain, who..
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