Pravin Gordhan slams corporate sector for role in state capture

Pravin Gordhan slams corporate sector for role in state capture

- Pravin Gordhan has slammed the corporate sector's role in government corruption

- He said that companies and auditing firms should also take a firmer stance against corruption

- The minister made the commetns at the Business Against Corruption Summit in Hyde Park

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The Public Enterprises Minister spoke out against corruption on Thursday, specifically in the corporate sector.

He made the comments while delivering an address at the Business Against Corruption event organised by the Daily Maverick at Summer Place in Hyde Park.

His comments echoed those made by Sars commissioner Edward Kieswetter and National Director of Public Prosecutions Shamila Batohi, who said that corruption involved collaboration between business and the state. 

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The event saw various speakers from academia, government and the business world delivering speeches. Gordhan was among the most high-profile. 

During his address, Gordhan stressed that to root out corruption, greater accountability is needed in the corporate world as well as the government sector.

His comments echoed those made by Sars commisioner Edward Kieswetter and National Director of Public Prosecutions Shamila Batohi, who said that corruption involved collaboration between business and the state. 

Gordhan also said that corruption did not just happen but involved human choices.

"Every one of us has a choice to become rotten or not, to become corrupt or not," Gordhan said.

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Additionally, Gordhan urged South Africans to treat whistle-blowers better, as they are often the only ones able to bring cases of corruption to light. 

He also called on auditing firms and corporate boards to take a firmer stance on corruption, saying that they were crucial for putting a stop to such wrongdoing.

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Source: Briefly.co.za

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