How South Africans can recover billions lost in state capture

Corruption in South Africa has reached epidemic levels and threatens the lives of all South African citizens. Money lost due to government corrupt could have been used to better the lives of all South African citizens, especially the poor.

Speaking to Eusebius McKaiser, CEO of Pan-African Investment and Research Iraj Abedian and deputy editor at Financial Mail, Sikonathi Mantshantsha discussed how South Africa should begin a process of restitution and compensation for the billions looted and damage done to the country and the nation.

READ: 'Hani would have found state capture a perfect example of capitalism'

Abedian said he disagrees completely with the notion that 'it's water under the bridge' adding 'if we get accustomed to accepting and condoning misconduct and looting that is very sad'.

We need to recognise that these companies as individuals and as corporations both in their personal persona and their legal persona, they have liabilities.

Iraj Abedian, CEO Pan-African Investment and Research

Mantshantsha said those that have been tasked with enforcing justice and the rule of law in this country are guilty of treason as not a single person has been arrested.

Listen below to hear what these pundits had to say:


This article first appeared on 702 : How South Africans can recover billions lost in state capture


Recommended

by NEWSROOM AI
Read More
A flirt or a predator? Callers share thoughts on flirting in light of #MeToo

A flirt or a predator? Callers share thoughts on flirting in light of #MeToo

It's become clear that more people are trying to carefully navigate the line between flirting and harassment, or sexual predation.

Zuma's permanent stay of prosecution bid puts NPA on trial, says Karyn Maughan

Zuma's permanent stay of prosecution bid puts NPA on trial, says Karyn Maughan

Reporter Karyn Maughan shares latest in Jacob Zuma's high court bid to have corruption charges against him permanently dropped.

Naked Scientist describes Hello Tomorrow Summit's 'deep technology' innovations

Naked Scientist describes Hello Tomorrow Summit's 'deep technology' innovations

The Naked Scientist, Chris Smith talks about all things science and answers listener's questions.

This mess that is Eish-kom, is the ANC's doing, says Eusebius

This mess that is Eish-kom, is the ANC's doing, says Eusebius

Eusebius McKaiser and callers discuss Ramaphosa's comment that South Africans will overcome load shedding like they did apartheid.

SA hasn't yet succeeded in fulfilling vision of the Constitution, panel says

SA hasn't yet succeeded in fulfilling vision of the Constitution, panel says

Eusebius McKaiser hosted a discussion on the gap between the vision of the Constitution and the lives of people in South Africa.

'Punitive action not the best response for employees battling with alcoholism'

'Punitive action not the best response for employees battling with alcoholism'

This HR exec says bosses needs to be more supportive towards staff affected by alcoholism, substance abuse or any other addiction.

Popular articles
Shift to stage 2: Over 800 megawatts back on line from Cahora Bassa - Eskom

Shift to stage 2: Over 800 megawatts back on line from Cahora Bassa - Eskom

Eskom COO Jan Oberholzer predicts Stage 2 load shedding for Friday and Saturday and energy expert Chris Yelland also weighs in.

Capetonians water consumption down by about 536 million litres of water a day

Capetonians water consumption down by about 536 million litres of water a day

Mayco member for water and waste, Xanthea Limberg talks to Kieno Kammies about Cape Town's latest dam levels.

[WATCH] New Zealand unites behind Muslim community #WeAreOne

[WATCH] New Zealand unites behind Muslim community #WeAreOne

NZ PM Jacinda Ardern led a 2-minute silence at AL-Noor mosque on Friday as Muslim Call to Prayer broadcast live on national TV.

Distraught caller describes harrowing experience on Baden Powell Drive

Distraught caller describes harrowing experience on Baden Powell Drive

A CapeTalk caller explained to Lester Kiewit how he went through flames and over rocks, and debris to escape his car being stoned.

What happens to our bodies if we cut out sugar

What happens to our bodies if we cut out sugar

Naked Scientist Chris Smith explains.

DStv subscription price hikes for 2019

DStv subscription price hikes for 2019

MultiChoice will increase the prices of certain DStv packages from 1 April.

Here's how to check your load shedding schedule in Cape Town

Here's how to check your load shedding schedule in Cape Town

Eskom has warned that more power cuts can be expected as maintenance continues over the next twelve months.