Flash Briefing: Interpol issues red notices for Gupta brothers; alcohol ban hits AB InBev; Zuma
South Africa’s National Prosecuting Authority said Interpol issued red notices for two Gupta brothers wanted in connection with alleged corruption.
South Africa’s National Prosecuting Authority said Interpol issued red notices for two Gupta brothers wanted in connection with alleged corruption.
“For the judges, Zuma was attacking much more than a court but also a symbol of the country’s struggle to overcome the history of apartheid.”
Steven Nathan joined the BizNews Power Hour to discuss the consequences of corruption that we’re seeing in SA – Zuma’s sentencing and EOH suing its former CEO.
EOH is suing former CEO Asher Bohbot and three other execs for R6.4 bn for failing to effectively deal with corruption at the Joburg based company.
An eye-watering R186bn has disappeared from South African municipalities in the last decade – of the 257 municipalities, just 27 received clean audits.
“There is an elitist ideology that aims to revive racial essentialism, once again judging people not by their character, but by skin colour,” says Vegter.
Former Joburg mayor Herman Mashaba told BizNews of his plans for the coming elections. He is the leader of Action SA, a political party he launched in 2020.
Andre de Ruyter, who managed to pay back over R90bn of Eskom’s debt, has received death threats due to his bid to clean up corruption at the embattled SOE.
SA asked for assistance in gathering evidence related to the Gupta’s, who’ve been accused of using links with Jacob Zuma to secure deals to loot SOE’s.
The United Arab Emirates ratified an extradition treaty with South Africa, which is seeking the extradition of the Gupta brothers.