Ramaphosa vows to recoup money stolen during state capture

Ramaphosa vows to recoup money stolen during state capture

- The president said he will recoup the billions lost to government corruption

- Ramaphosa praised chapter nine institutions and said they should be strengthened

- This comes ahead of Tito Mboweni's budget speech

PAY ATTENTION: Click “See First” under the “Following” tab to see Briefly.co.za News on your News Feed!

Cyril Ramaphosa has promised that he will recover the money lost due to state looting.

He made the pledge while speaking to the National House of Traditional Leaders in Parliament.

The president also said that those responsible for state capture would be punished.

PAY ATTENTION: Save mobile data with FreeBasics: Briefly is now available on the app

Ramaphosa's comments come after a recent report argued that the Zuma's second term in office cost South Africa R470 billion, mostly due to corruption.

Similarly, pressure on Ramaphosa has been mounting as more and revelations come to light at the Zondo Commission. There are expectations on the president to take action against corrupt officials.

In his address, Ramaphosa expressed optimism about the future of South African democracy. He said that chapter nine institutions had proven their resilience by standing up to state capture, according to IOL.

For example, it was the public protector's office under the leadership of Thuli Madonsela that led resistance to corruption and recommended the creation of a commission of inquiry into state capture.

The president went on to pledge commitment to strengthening these chapter nine insitutions, saying the constitution had enshrined these insitituions so as to safeguard the rule of law.

READ ALSO: Maimane asks Ramaphosa to tell SA truth about Chinese-owned power station

However, little legal action has actually be taken against those implicated in corruption. The Zondo Commission, for example, has merely been a fact-finding rather than guilt-imposing process. 

While Tito Mboweni will have to convince South Africans of Ramaphosa's plans to save the economy, the president will have to prove to skeptical voters that he will take decisive action against those who sold out the country.

Enjoyed reading our story? Download BRIEFLY's news app on Google Play now and stay up-to-date with major South African news!

Source: Briefly.co.za

Mailfire view pixel