The draft report issued last week by the National Treasury to Eskom, Transnet and those implicated in the corruption that sucked billions of rands from the most strategic and key state-owned companies is yet another set of compelling evidence about the blatant theft from the people of SA. It lists more than R30bn looted from the companies since at least 2013, allegedly by the very executives who were entrusted with looking after their best interests. The names of Brian Molefe, who successively headed both Eskom and Transnet; Anoj Singh, who became finance chief of both; Matshela Koko, a former Eskom executive; and current Transnet CEO Siyabonga Gama are among those who feature most prominently in this category. Politicians and their families and government officials, who had taken oaths of office swearing to uphold the law and everything that is in the best interests of the country, allegedly intervened on the side of the looters. The names Duduzane Zuma, Lynne Brown, her personal a...

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 exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

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