Willem Els and Richard Chelin: Fake weight loss drugs flood the market, and Cat’s plea deal is rejected

Loading player...
In this interview with Chris Steyn, Willem Els of the Institute for Security Studies (SS) and Richard Chelin, an independent governance specialist, describe how organised crime syndicates have transitioned from making fake Covid-19 vaccines to flood the South African market with fake pharmaceuticals, particularly lifestyle drugs, like those for weight loss. They also comment on breaking news that a Magistrate has rejected the plea deal of tenderpreneur Cat Matlala. Chellin raised the question whether the plea deal in this highly politicised case could have been rushed, and Els says: “...if you look at the charges that he is facing and you look at the severity of those charges and you look at the deal that's been cut with him, the two don't add up…that was a sentiment also of the judgment by the magistrate….”. As for the mystery surrounding the apparent assassination attempt on Crime Intelligence boss General Feroz Khan just days short of his appearance before the Madlanga Commission, Els adds: “They have to cut this one to the bone because I think it's in the interest of the rule of law in South Africa.”
1 Jul 10AM English South Africa Investing · Business News

Other recent episodes

Herman Mashaba on Johannesburg's bankruptcy and his Mayoral comeback

ActionSA president Herman Mashaba reveals what Johannesburg's current mayor told him in a private phone call about why the city can't pay its bills. He also breaks down the Cape Town mayoral race, the anti-immigrant protests spreading across South Africa, and why he won't speak to Helen Zille directly. With…
6 Jul 6AM 24 min

BizNews Edge: Chery's new Rosslyn plant and the R40bn car subsidy bill

Chery just took over Nissan's old Eastern Cape plant, plugging straight into a subsidy scheme that costs South Africans over R40 billion a year, split between just seven manufacturers. Trade expert Donald MacKay tells Alec Hogg why this isn't a normal acquisition, and how the deal appears to sidestep a…
6 Jul 7AM 28 min

BN Daybreak: NATO Summit tension; AI stocks slump; Zuma’s Gupta meeting

Kyiv faces fresh Russian missile strikes ahead of the NATO summit in Turkey, while tensions linger following the death of Iran's Supreme Leader. Meanwhile, OPEC+ quotas drop oil prices, Alibaba blocks a US blacklist order, and investors fret over an AI chip stock pullback. Locally, Jacob Zuma's Gupta meeting and…
5 Jul 11PM 16 min