The quest by the government to recover R14bn from state capture this financial year, as announced by President Cyril Ramaphosa in his state of the nation address, is a step in the right direction and must be applauded.

We should also acknowledge and congratulate Nigeria for eventually recovering $1.3bn looted by the notorious dictator Sani Abacha, of which about $800m was recovered from domestic institutions and about $500m in other countries, mostly Switzerland. Africa’s two leading economies must step up their efforts in recovering stolen assets...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now