Corruption Fatigue

It’s just too much now. Over the past few years, story after story about corruption and state capture has broken, and nothing has been done to fix matters. I’ve even blogged about it a few times. And that was before the latest revelations.
Several weeks ago, a trove of hundreds of thousands of emails from Gupta owned businesses were leaked to investigative journalists. What they reveal is that the extent of state capture and looting is far worse than even the most pessimistic individuals suspected.
From Dairy Farms at the provincial level to contracts at State Owned Enterprises to Cabinet Ministers’ appointments, the Guptas have captured the state completely and extracted huge amounts of money for their own benefit. The revelations are shocking and enraging. Large sums of money have been spirited abroad, confirming that when South African banks closed all accounts linked to companies confirmed as being owned by the Guptas over suspected breaches of the financial Intelligence Centres Act (FICA), they were correct.
One of the most shocking items was the Optimum takeover. The Optimum coalmine, owned by Glencore, had its contracts with Eskom placed on “review”, threatening its sustainability. Eventually, Glencore folded and sold the mine to a Gupta owned firm. All of a sudden, the issues with Optimum miraculously resolved. In addition, Eskom advanced large sums of money to the company, helping speed the sale.
If even half of what has been revealed in the emails is true, Glencore could probably sue Eskom for millions.
And in the midst of it, the ANC heads towards another conference. Discussion documents have been circulated and are available for download on the ANC’s website. Disappointingly, the documents show that the ANC either doesn’t care about the severity of state capture, doesn’t “get it”, doesn’t have the courage to confront and fix the problem or some combination of the above.
When will it end?

About autismjungle

I am a Software Test Analyst. Shortly before I turned 21 I was officially diagnosed, although I had long suspected I was autistic. Welcome to my blog
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