JOHANNESBURG - British lawmaker Peter Hain will tell an inquiry on Monday that corruption under South Africa’s former president Jacob Zuma was enabled by international banks, corporations and governments which should now seek to recover the loot they helped launder.
Zuma, who was removed as president last year over corruption allegations, is facing a judicial inquiry. He has agreed to cooperate even while dismissing the probe as prejudiced. His submission will say that a number of international banks helped the Guptas cloak the source of their funds - by allowing them to open and maintain bank accounts, even after allegations of their involvement in corruption became public, and also by allowing them to transfer illicit funds into these accounts.
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