South African President Cyril Ramaphosa on Wednesday said the revelations about several cabinet ministers, top politicians, and senior state officials that have been come to light at the state capture commission had been cathartic for South Africa.
Addressing the World Economic Forum in Davos, Switzerland, Ramaphosa admitted that large-scale corruption has damaged South Africa and its economy, reported Eyewitness News.
“The state capture has damaged several critical institutions in the country, damaged confidence in our economy and resulted in the theft of quite a lot of money. But the commission itself has been bringing corruption on a scale far greater than many people have expected,” he said.
The South African President said the Zondo Commission Inquiry revelations will help the government to go deep into the roots of corruption going on in the country and turn everything right. He added that the government or the judiciary will not tolerate any attempts made to collapse the commission.
“That commission is very important in the life of South Africa because it is executing a very important and historical task of getting South Africa to the bottom of what really happened with state capture,” Ramaphosa said. “It may well be a cathartic moment for South Africa but it is also a moment of truth and we also want it to be a moment of redemption…so that we put right what went wrong in the past and never, never, never again have the spate of corruption that has been revealed to the Zondo commission.”
The commission has heard testimony about the Gupta family’s corrupt dealings with government politicians and officials that helped them make billions of rands off state contracts.
Ramaphosa assured the world leaders that its government is taking every possible step to restore integral state institutions in a bid to boost investor confidence and attract international investment.