President Appoints Anti-Corruption Advisory Council Members
The ANC welcomes President Cyril Ramaphosa's recent appointment of a nine-member anti-corruption advisory council to strengthen the fight against corruption. The council will join the multifaceted strategy to root out malfeasance that has seeped into and taken root in the public sector in the past nine years. The advisory council to be chaired by Prof Firoz Cachalia.
As we have all witnessed, the several approaches by various institutions to fight corruption were bearing fruit with the arrests of the former Transnet CEO's, the former CFO's, former group treasurer, Regiments Capital directors, Regiments shareholder, Trillian Asset Management non-executive director and Albatime owner on Monday, 29 August 2022 by the National Prosecuting Authority's Investigating Directorate, assisted by the Hawks.
The Investigative Directorate said more people are expected to be arrested in relation to this matter.
Identified as one of the primary sites of massive looting of state funds at the peak of the state capture project, the Transnet arrests and court appearance of additional senior executives reflects a significant milestone and outcome of complex investigations.
The ANC supports the President in this fight against all forms of corruption which depletes the public purse and denies service delivery to the masses of our people.