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22nd April 2024

State Capture Report | Unpacking the final report with Hassen Lorgat

According to the state capture commission report, Gupta-owned enterprises netted over 57-billion-rand in public funds. The sophisticated network they created used shelf companies and global financial institutions to move the money. In its recommendations, the commission has urged local authorities and institutions such as British bank HSBC, to assist in tracing some of the money that left the country through the Gupta linked companies. Hassen Lorgat from the Peoples Media Consortium, joins us. For more news, visit sabcnews.com and also #SABCNews on all Social Media platforms.