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Ramaphosa pleads with private sector for help to combat corruption

African National Congress (ANC) President Cyril Ramaphosa has asked business leaders to lend a hand in rooting out corruption.

Ramaphosa in PE
Twitter: @CyrilRamaphosa

Ramaphosa addressed business leaders in Pietermaritzburg ahead of the ANC’s 107th birthday celebrations at the weekend.

He referenced several corruption scandals including the Steinhoff saga and the looting of collapsed Limpopo based bank, VBS Mutual Bank.

“You too have a responsibility to root out wrongdoing in various institutions we might all be involved. In government, we are determined to do so.”

He noted the resignation of former Steinhoff CEO, Markus Jooste, but says “till today there has been no real accountability. Billions and billions were lost”.

Ramaphosa alluded that the private sector should follow suit following the clamp down on the party’s officials that were involved in the collapse of VBS.

The party decided to recall all its mayors linked to illegal investments.

“Where there has been wrongdoing we must act quickly, act decisively and get those people who have done wrong to move out of the way and face the law enforcement process.”

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