Former Busa CEO Jerry Vilakazi said unravelling corruption allegations and recouping of lost funds should not be limited to the Gupta family
Former Business Unity South Africa CEO Jerry Vilakazi says unravelling corruption allegations and recouping of lost funds should not be limited to the Gupta family.at the Commission of Inquiry into State Capture. Hain, an anti-Apartheid activist, raised questions over international banking institutions turning a blind eye to alleged corrupt activities by the Gupta family and high ranking officials.
He name dropped a number of international banks, claiming that they helped the Guptas hide the source of their funds, by allowing them to transfer illicit funds into accounts. Vilakazi says, “It looks to me, and it is the point that Peter is raising, sometimes you get a sense that there is a global gentlemen’s agreement. The reality is that we have all stood up at this point because when we saw and read and heard what the Guptas are alleged to have done. It sparked an anger that suddenly has made us stand up. But even beyond this environment we are still not looking beyond the Guptas.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SAA resumes international flights - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South African Airways resumed its international flights on Sunday. The company says Mango airlines as well as SA Express have increased capacity on domestic flights as part of the contingency plan to help SAA customers.
Source: SABC News Online - 🏆 32. / 51 Read more »
Numsa rejects Eskom GCEO appointment - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Numsa rejects Eskom GCEO appointment Numsa has rejected the appointment of Andre de Ruyter as new Eskom GCEO, saying it goes against the transformation programme.
Source: SABC News Online - 🏆 32. / 51 Read more »
Union utterances highly irresponsible: SAA - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.SAA Chief Commercial Officer, Philip Saunders has labelled as highly irresponsible the unions' utterances that flights are being operated by unqualified, inexperienced personnel.
Source: SABC News Online - 🏆 32. / 51 Read more »
SAA strike: Unions threaten to ground SA's entire aviation industry | IOL NewsStriking unions have threatened to shut down South Africa's entire aviation industry by extending industrial action beyond South African Airways.
Source: IOL - 🏆 46. / 51 Read more »
Timelines must be set to root out corruption: Hain - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Timelines must be set to root out corruption: Hain South African born British politician, Lord Peter Hain, has advised that law enforcement agencies should set time frames to root out widespread corruption across the country.
Source: SABC News Online - 🏆 32. / 51 Read more »
SAA Board is accountable for the ailing state-owned enterprise: BLSA - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Business Leadership South Africa (BLSA) has advised that government - as a South African Airways shareholder - not get involved in matters relating to the strike faced by the national carrier.
Source: SABC News Online - 🏆 32. / 51 Read more »