State capture possibly cost the country R500bn, says Ramaphosa

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The president says those complicit in corruption will be brought to book whether they are in or outside of South Africa.

President Cyril Ramaphosa has reportedly said that state capture could possibly have cost South Africa more than R500 billion.reports that the president was on Monday addressing a gathering of international investors at the Financial Times Africa Summit in London.

It was reported recently that South Africa has approached India, Canada, Switzerland, Mauritius and the United Arab Emirates, among others, to have the Gupta family extradited. Ramaphosa reportedly said that what was shocking was that some of those complicit in corruption had been blue-chip companies “of great world reputation”.

 

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And still doing nothing

Surely we'll also be told how much went to MYANC

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