World closes in on Guptas – Lord Robin Renwick

Loading player...
South Africans have long been wondering why the Guptas were allowed to continue living lavishly and flaunting expensive weddings overseas with the taxpayers money that they extracted from their lucrative contracts with corrupt officials from the Zuma era. From their Saxonwold lair they decamped to a R445m mansion in Dubai to avoid arrest and prosecution. And now finally justice is starting to catch up with them with the decision of the US to place sanctions on the Guptas, described as “members of a significant corruption network in South Africa that had leveraged their political connections to engage in widespread corruption and bribery, capture government contracts and misappropriate state assets.” The South African Justice Department said the US was one of the seven countries they had approached for mutual legal assistance to have the Guptas extradited to face state capture allegations; the other are the UAE, China, Hong Kong, Canada and Switzerland. The former ambassador of the UK to South Africa, Lord Robin Renwick has long been a campaigner to bring the Guptas to justice and has written a book, “How to steal a country” which details the Gupta links to the Zuma kleptocracy. Speaking from London, he said explained how the world would suddenly become a lot smaller place for the Guptas, now that the US has zoomed in on them and Salim Essa. - Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
11 Oct 2019 10AM English South Africa Investing · Business News

Other recent episodes

Corné Mulder says SA could have a new government before 2029

South Africa just joined a short and unflattering list of countries facing individual US visa restrictions, and Freedom Front Plus leader Corné Mulder says he saw it coming from a manifesto launch stage days before it happened. He tells Alec Hogg why he thinks Cyril Ramaphosa's habit of avoiding decisions…
17 Sep 10AM 28 min

GG Alcock says SA's R1-trillion "informal" economy is anything but

South Africa's townships are not a side economy. According to GG Alcock, author of the Kasinomics book series, they're a trillion-rand-plus market that the country's biggest listed companies are already quietly fighting over, from Shoprite's cash-and-carry pivot to Capitec's entrepreneur accounts to Pepkor's handset financing. Alcock, who grew up in…
17 Sep 7AM 49 min

Solly Moeng: BOTH Cyril AND Mashatile are too ill to run the country

In their latest weekly chat, Chris Steyn and Political Commentator Solly Moeng talk about both President Cyril Ramaphosa and Deputy President Paul Mashatile having been declared unfit - because they are too ill - to perform official duties; the US the visa restrictions for certain - still unamed -government officials;…
17 Sep 6AM 16 min