Natasha Marrian Deputy editor: Financial Mail

The government will be embarking on a "massive project" to get back the money stolen through corruption, President Cyril Ramaphosa said on Friday. He was speaking at the Gauteng ANC’s provincial elective conference in Irene, where he said corruption should not be tolerated in any shape or form in the ranks of the ANC. The government has estimated that a staggering R100bn has been looted from the country through state capture and corruption in recent years, and the President now says his government is set to move to recoup that money. "There are billions that have been siphoned out ... we must now say we want that money back," Ramaphosa told delegates at the Gauteng conference. He said the money had to be recouped to fund health and education for the people of SA. In a wide-ranging address that touched on corruption, health, the economy and the ANC’s renewal, Ramaphosa admitted that the 2019 national election was set to be "hard fought", particularly for Gauteng. The province is a ke...

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