- President Cyril Ramaphosa has revealed that state capture has cost SA over R500 billion
- This has drawn criticism from Economic Freedom Fighter deputy president Floyd Shivambu
- Shivambu wants Ramaphosa to appear before the State Capture Inquiry; the sooner the better
EFF deputy president Floyd Shivambu wants President Cyril Ramaphosa to appear before the State Capture Inquiry.
Briefly.co.za reported that Ramaphosa had told international investors that state capture and corruption in the country had cost over R500 billion.
Shivambu shared his opinion on this admission on social media, commenting that:
"The sooner President Cyril Ramaphosa appears before the State Capture Commission the better, because this is what the commission should be focusing on. His ministers, including the 'rogue unit' ministers, have thus far spectacularly failed to illustrate the point of the missing billions."
Ramaphosa was adamant that the government is hard at work, ensuring those responsible would be bought to book as South Africa begins a new chapter, minus the corruption.
Progress has been slow at the State Capture Inquiry, but the task at hand is monumental with Deputy Chief Justice Raymond Zondo doing his best to make sense of the web of corrupt activities.
However, the state has deployed the nation's top legal minds in an attempt to fast-track not only the investigation, but prosecution as well.
The mission to extradite the Gupta family - central to numerous allegations at the inquiry - has seen South Africa liaising with numerous nations.
The United States has come on board, announcing that sanctions have been placed against the family, banning them from doing business with citizens.
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