International community must acknowledge role in state capture - Peter Hain
House of Lords peer and anti-apartheid activist Peter Hain has urged the international community to fully acknowledge its role in state capture.
Hain took to the witness stand at the commission of inquiry into state capture on Monday.
Hain volunteered to give evidence before the commission on international complicity in state capture and corruption in the country.
Hain believes international banks played a crucial role in the moving around of money.
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"My plea is for the international community to fully acknowledge its own role in this sorry and sordid saga.
"For example, it was international actors who helped and continue to help corrupt individuals to enjoy the spoils of their illegality by allowing them to move their ill-gotten gains from South Africa and then sometimes - as in the Estina scandal - back to South Africa undetected.
"This is all through the international financial and banking system, this couldn't have happened otherwise and it was undetected".
He says it was also international stakeholders that helped the looters create corporate structures disguised as legit businesses.
"And complicating the tracing of the funds whilst earning fat fees from that looting.
"It was international actors that provided refuge for these corrupt individuals and the means to continue to pursue their activities through less regulated economies.”