World News Tomorrow – Global News.
In a leaked report obtained by World News Tomorrow, (report No: 6 of 2016/17) allegations have led to investigate the activities of ANC leader and south African President Mr. Zuma about possible improper relations with the wealthy Gupta family who recently have been implicated in a number of nationwide issues.
The growing division within the South African Governement about the role of the Gupta familiy, their political influence and the continuous support and protection they receive from President Zumba has raised this issue to a new level.
In August this year the Gupta family announced to sell all their shareholdings from all state owned businesses in South Africa by end of the year. The family has repeatidly been brought to defend themselves against allegations of abusing their relationship with Mr. Zuma to advance their businesses in South Africa and influence political decisions.
Cutting off on shareholder’s ownership of these mainly state run businesses was according to media sources, meant to put these allegations to rest as these businesses were meant to believe showing great involvement of the Gupta familiy in state run businesses.
Another event that lit the fire underneath was the fact that according to media reports the Deputy Minister of Finance Mr. Mcebisi Jonas had been offered the position of Minister of Finance even before his Colleague Mr Nhlanhla Nene became Minister of Finance who was abruptly removed from his post in dec 2015 and his replacement Mr. Des van Rooyen who was abruptly shifted to another function 4 days later.
Later on Mr. Mcebi Jonas stated he was offered the position under the condition he would work with the Gupta family. Which, in case its true, is considered to be a direct violation of the Prevention and Combating of Corrupt Activities Act 2012.
The report that was issued on the 14th of October 2016 relates to (Quote) ” An investigation into complaints of alleged improper and unethical conduct by the president and other state functionaries relating to alleged improper relationships and involvement of the Gupta family in the removal and appointment of ministers and directors of State Owned Entities (SOEs) resulting in improper and possibly corrupt award of state contracts and benefits to the Gupta family’s businesses.”
The report states further allegations concerning the offering of the post for Minister of Public Affairs in exchange for canceling the South African Airways route to India. An offering suposedly made at the Gupta residence.
the report further states the investigation should look into the President’s conduct in relation to the alleged corrupt offers and Gupta family involvement in the appointment of Cabinet Ministers and Directors of State Owned Enterprises (SOE) Boards.
The analysis of the complaints led to many questions relevant for investigating the matter. Most of these questions regarding Mr. Zuma’s activities in relation to removing and appointing ministers and directors of SOE boards and to what extent he has been working under the influence of the Gupta family. But also about his activities regarding interfering in relationships between banks and Gupta owned businesses.
Consderable financing facilities are investigated and irregularities were found where money was used for very different purposes. Boards of SOE’s were improperly appointed and
From the report it is clear much seems to be wrong and investigations in the matter will continue to reveal the truth behind what seems to become the biggest scandal in the South African History.
Yesterday the latest outcome was published stating fraud charges against the current Minister of Finance were dropped. (Quote Wall Street Journal on this matter.) Allies of Mr.
Zuma, whose second term in office ends in 2019, have openly fought with Mr. Gordhan over control of state finances, including the running of state-owned enterprises, anticorruption agencies and the central bank. Ratings firms have warned that political infighting could lead to South African bonds being downgraded to junk status.
The questions at hand. Will there be enough evidence to support the allegations? Further inquiry will most likely be necessary but will the people from South Africa wait for the outcome or will matter degrade into bigger conflicts?
Walter Ivasc for World News Tomorrow.